GOODS & SERVICES TAX. 26.1 The Parties agree and acknowledge, all amounts payable by one party to the other party in relation to a supply under this Agreement have been calculated exclusive of GST which may be imposed on the supply.
26.2 If any supply made under this Agreement is, or becomes, subject to GST, the party to whom the supply is made (“Recipient”) must pay to the party making the supply (“Supplier”), as consideration, in addition to any consideration payable or to be provided elsewhere in this Agreement, subject to issuing a Valid Tax Invoice, an additional amount on account of GST, such amount to be calculated by multiplying the consideration by the applicable rate of GST.
26.3 Any amount in respect of GST payable under clause 26.2 must be paid to the Supplier immediately on receipt of the Valid Tax Invoice.
26.4 If any party is required to reimburse or indemnify the other party for a cost or expense (“Cost”) incurred by the other party, the amount of that Cost for the purpose of this Agreement is the amount of the Cost incurred, less the amount of any credit for, or refund of, GST, which the party incurring the Cost is entitled to claim in respect of the Cost.
GOODS & SERVICES TAX. 26.1 The Parties agree and acknowledge, all amounts payable by one party to the other party in relation to a supply under this Agreement have been calculated exclusive of GST which may be imposed on the supply.
26.2 If any supply made under this Agreement is, or becomes, subject to GST, the party to whom the supply is made (“Recipient”) must pay to the party making the supply (“Supplier”), as consideration, in addition to any consideration payable or to be provided elsewhere in this Agreement, subject to issuing a Valid Tax Invoice, an additional amount on account of GST, such amount to be calculated by multiplying the consideration by the applicable rate of GST.
26.3 Any amount in respect of GST payable under clause 26.2 must be paid to the Supplier immediately on receipt of the Valid Tax Invoice.
26.4 If any party is required to reimburse or indemnify the other party for a cost or expense (“Cost”) incurred by the other party, the amount of that Cost for the purpose of this Agreement is the amount of the Cost incurred, less the amount of any credit for, or refund of, GST, which the party incurring the Cost is entitled to claim in respect of the Cost.
26.5 If GST is linked with the abolition or reduction of other taxes and charges, all amounts payable by the Recipient to the Supplier under this Agreement (excluding GST) must be reduced by the same proportion as the actual total costs of the Supplier (excluding GST) are reduced either directly as a result of the abolition or reduction of other taxes and charges payable by the Supplier or indirectly by way of any reduction in prices (excluding GST) charged to the Supplier.
GOODS & SERVICES TAX. 23.1 In this clause the expressions “consideration”, “GST”, “input tax credit”, “recipient”, and “supplier”, “supply” and “tax invoice” have the meanings given to those expressions in the A New Tax System (Goods and Services Tax) Act 1999.
GOODS & SERVICES TAX. 27.1 The Borrower undertakes that as at the date of execution of this Loan Contract the Borrower is registered for GST and that the property so mortgaged may be subject to GST upon its sale.
27.2 The Borrower's GST No. is .
27.3 The Borrower shall forthwith advise the Mortgagee in writing should the Borrower terminate its registration with the Inland Revenue Department for GST pursuant to the Goods & Services Tax Act 1985.
GOODS & SERVICES TAX. Unless otherwise noted, all fees (including advertising and expenses) quoted by us and payable under these Terms are exclusive of GST, which we will add to our invoice at the prevailing rate.
GOODS & SERVICES TAX. 31.1 Where the Council is obliged to account for goods and services tax (“GST”) imposed under the Goods and Services Tax Act 1985 on any goods and services supplied under this Agreement, the Council will render a GST invoice to the Hirer and the Hirer will be obliged to pay GST in addition to the consideration for those supplies at the same time as that consideration is payable.
GOODS & SERVICES TAX. 11.1 But for this clause 11, all prices and amounts expressed or described in these Terms and Conditions, by the Owner in the Quote, verbally or in writing are exclusive of GST.
11.2 The price for the supply of the Equipment and Labour Services and any other things by the Owner to the Hirer is increased by the amount of the GST liability that the Owner incurs in making the supply and that amount is payable at the same time as the consideration that is payable in respect of that supply before that increase.
11.3 The Owner will provide the Hirer with a tax invoice at the time the Equipment is delivered under the Contract, or on request.
GOODS & SERVICES TAX. The GNWT certifies that the Work to be purchased from the Contractor will be purchased with government funds and are not, therefore, subject to the Goods and Services Tax (GST) or the Harmonized Sales Tax (HST). Even though the Contractor will not charge GST or HST, the Contractor may be eligible to receive input tax credits with respect to any GST or HST liability incurred in providing the Work if such a refund would be available in other circumstances. It is the sole responsibility of the Contractor to determine if input tax credits are available in respect of the provision of the Work to the GNWT. The GNWT will not compensate the Contractor for any GST or HST liability incurred in the provision of the Work.
GOODS & SERVICES TAX. The Parties agree and acknowledge, all amounts payable by one party to the other party in relation to a supply under this Agreement have been calculated exclusive of GST which may be imposed on the supply.
