Section 15 - Amendment of section 34

Amendment of Section 34: Changes to Tax Invoices, Credit, and Debit Notes

The amendment to Section 34 of the principal Act introduces changes to how tax invoices, credit notes, and debit notes are referenced. In sub-section (1), the wording is updated to reflect that multiple tax invoices may be involved, changing "Where a tax invoice has" to "Where one or more tax invoices have." Additionally, the term "a credit note" is revised to "one or more credit notes for supplies made in a financial year," indicating that multiple credit notes can be issued for transactions within a financial year. Similarly, in sub-section (3), the phrase "Where a tax invoice has" is replaced with "Where one or more tax invoices have," and "a debit note" is updated to "one or more debit notes for supplies made in a financial year." These changes provide clarity and flexibility in handling multiple invoices and notes related to financial transactions within a year.