GST Exclusive Consideration. Fees and charges are quoted exclusive of goods and services tax (GST and GST Exclusive Consideration). Where any fees and charges are expressed to be inclusive of GST and the applicable GST rate changes, the fees and charges will be automatically adjusted to reflect the new rate.
GST Exclusive Consideration. Unless otherwise stated, all amounts payable or the value of other consideration provided in respect of supplies made in relation to this Agreement are exclusive of GST (if any). If GST is levied or imposed on any supply made (or deemed to have been made) under or in accordance with this Agreement, the amounts payable or the value of the consideration provided for that supply (or deemed supply) (Payment) shall be increased by such amount as is necessary to ensure that the amount of the Payment net of GST is the same as it would have been prior to the imposition of GST.
GST Exclusive Consideration. Unless otherwise specified in this Agreement, the consideration expressed in this Agreement for any taxable supply made under this Agreement does not include GST (GST exclusive consideration).
GST Exclusive Consideration. Unless this Agreement expressly states otherwise, all consideration to be provided under this Agreement is exclusive of GST. The parties have entered this Agreement on the assumption that, in accordance with the principles set out in public GST ruling GSTR 2001/6 – GST and non-monetary consideration and GST Determination GSTD 2005/3 – Goods and services tax: are contracts for difference and financial spread betting contracts financial supplies?, that: upon execution of this Agreement, the following supplies will be made for GST purposes: the Commonwealth is making an input taxed financial supply of entry into the arrangements specified under Schedule 4, in return for the Operator's entry into the arrangements specified under Schedule 4; the Operator is making an input taxed financial supply of entry into the arrangements specified under Schedule 4, in return for the Commonwealth's entry into the arrangements specified under Schedule 4; as a result, any payments by the parties to each other under Schedule 4 represent further consideration for the input taxed supply of entry (by the recipient of those payments) into the arrangements specified under Schedule 4, and therefore are not subject to GST – consistent with paragraph 27 of GSTD 2005/3; and neither party makes a taxable supply to the other party under the provisions of, or by agreeing to the obligations set out in, this Agreement. Notwithstanding clause 20.3, if a party (Supplier) makes a supply under or in connection with this Agreement on which GST is imposed, in whole or in part (not being a supply the consideration for which is specifically described in this Agreement as inclusive of GST) then: the consideration payable or to be provided for that supply under this Agreement but for the application of this clause (GST Exclusive Consideration) is increased by, and the recipient of the supply (Recipient) must also pay to the Supplier, an amount equal to the GST payable on the supply (GST Amount); and the GST Amount must be paid to the Supplier by the Recipient without set off, deduction or requirement for demand, at the same time as the GST Exclusive Consideration is payable or to be provided, subject to the Supplier giving the Recipient a tax invoice in respect of that taxable supply.
GST Exclusive Consideration. (a) Any consideration to be paid or provided for a supply made under or in connection with a Refining Agreement, unless specifically described in the Refining Agreement as “GST inclusive”, does not include an amount on account of GST.
(b) Despite any other provision in a Refining Agreement, if a party (“Supplier”) makes a supply under or in connection with the Refining Agreement on which GST is imposed to any extent (not being a supply the consideration for which is specifically described in the Refining Agreement as “GST inclusive”):
(i) The consideration payable or to be provided for that supply under the Contract is increased by, and the recipient of the supply (“Recipient”) must also pay to the Supplier, an amount equal to the GST payable by the Supplier on that supply;
(ii) The amount by which the GST exclusive consideration is increased must be paid to the Supplier by the Recipient at the same time as the GST exclusive consideration is payable or to be provided; and
(iii) Notwithstanding any other provision of the Refining Agreement, the Recipient is not required to pay any amount unless it has received a valid tax invoice (or valid adjustment note) for that taxable supply.
GST Exclusive Consideration. All consideration which the Recipient provides to the Supplier for a supply under or in connection with this document is exclusive of any GST payable on the supply.
GST Exclusive Consideration. Unless expressly stated to the contrary, all amounts under this contract are exclusive of GST.
