Common use of Exchange of non-monetary consideration Clause in Contracts

Exchange of non-monetary consideration. (a) To the extent that the consideration provided for the Supplier's taxable supply to which clause 14.3 applies is a taxable supply made by the Recipient (the Recipient Supply), the GST Amount that would be otherwise be payable by the Recipient to the Supplier in accordance with clause 14.3 shall be reduced by the amount of GST payable by the Recipient on the Recipient Supply. (b) The Recipient must issue to the Supplier an invoice for any Recipient Supply on or before the time at which the Recipient must pay the GST Amount in accordance with clause 14.3 (or the time at which such GST Amount would have been payable in accordance with clause 14.3 but for the operation of clause 14.5(a)).

Exchange of non-monetary consideration. (a) To the extent that the consideration provided for the Supplier's taxable supply to which clause 14.3 9.4 applies is a taxable supply made by the Recipient (the Recipient Supply), the GST Amount that would be otherwise be payable by the Recipient to the Supplier in accordance with clause 14.3 9.4 shall be reduced by the amount of GST payable by the Recipient on the Recipient Supply. (b) The Recipient must issue to the Supplier an invoice for any Recipient Supply on or before the time at which the Recipient must pay the GST Amount in accordance with clause 14.3 9.4 (or the time at which such GST Amount would have been payable in accordance with clause 14.3 9.4 but for the operation of clause 14.5(a1.1(a)).

Exchange of non-monetary consideration. (a) To the extent that the consideration provided for the Supplier's taxable supply to which clause 14.3 13.3 applies is a taxable supply made by the Recipient (the Recipient Supply), the GST Amount that would be otherwise be payable by the Recipient to the Supplier in accordance with clause 14.3 13.3 shall be reduced by the amount of GST payable by the Recipient on the Recipient Supply. (b) The Recipient must issue to the Supplier an invoice for any Recipient Supply on or before the time at which the Recipient must pay the GST Amount in accordance with clause 14.3 13.3 (or the time at which such GST Amount would have been payable in accordance with clause 14.3 13.3 but for the operation of clause 14.5(a13.5(a)).

Exchange of non-monetary consideration. (a) To the extent that the consideration provided for the Supplier's taxable supply to which clause 14.3 applies is a taxable supply made by the Recipient (the Recipient Supply), the GST Amount that would be otherwise be payable by the Recipient to the Supplier in accordance with clause 14.3 shall be reduced by the amount of GST payable by the Recipient on the Recipient Supply. (b) The Recipient must issue to the Supplier an invoice for any Recipient Supply on or before the time at which the Recipient must pay the GST Amount in accordance with clause 14.3 (or the time at which such GST Amount would have been payable in accordance with clause 14.3 but for the operation of clause 14.5(a)).