Document background
The Tax Invoice Commercial Invoice is a fundamental document in Canadian business operations, required whenever a GST/HST registered business makes a taxable supply of goods or services. This dual-purpose document meets both the commercial requirements for recording business transactions and the tax requirements mandated by the Canada Revenue Agency. It must include specific information such as the supplier's GST/HST registration number, detailed description of goods or services, and proper tax calculations. The document is essential for businesses to claim Input Tax Credits and maintain proper tax records, while also serving as evidence of commercial transactions. It's particularly important in contexts where businesses need to demonstrate compliance with Canadian tax laws while maintaining clear records of their commercial activities.
