What this ruling covers

The Australian Taxation Office (ATO) has released a draft ruling, GSTR 2026/D2, explaining the rules for Recipient Created Tax Invoices (RCTIs). An RCTI is a tax invoice issued by the buyer (recipient) rather than the seller (supplier). This arrangement is common in grain trading, livestock sales, and contractor arrangements where the buyer sets the price.

This is a draft for public comment, not a final ruling. The ATO is seeking feedback before the ruling is finalised.

Rules that apply under the RCTI Determination 2023

The draft ruling explains rules that have applied since 15 June 2023 under the RCTI Determination 2023. The key requirements are:

When requirements are not met

The draft ruling covers what happens when these requirements are not met. A document that does not satisfy all requirements is not a valid tax invoice. The draft ruling also covers how agents can prepare RCTIs on behalf of buyers, and whether buyers can set off their own processing fees against the RCTI value.

Checklist and appendices

A checklist for meeting all RCTI requirements is included in Appendix 1 of the draft ruling.

Key actions

This is a plain-English summary for information only, not legal or compliance advice. Always check the official source or consult a qualified professional.