Common use of Liability for GST Clause in Contracts

Liability for GST. Subject to any other provision of this Agreement expressing a contrary intention, if GST is imposed on a supply made under it, then the party paying for the supply must pay the amount of the GST to the party making the supply, at the same time as, and in addition to, the amount payable for the supply. Tax invoice A party making a taxable supply under this Agreement must give the recipient a tax invoice for the taxable supply when that supply is made. Terms defined in GST Act In this clause “GST” refers to goods and services tax under A New Tax System (Goods and Services) Act 1999 (Cwlth) (“GST Act”) and the terms used have the same meanings as in the GST Act. Entire agreement Entire agreement The covenants, warranties, agreements and provisions contained in this Agreement comprise the entire agreement between the parties about its subject matter. Nothing to be implied No other covenants, warranties, disclaimers, agreements or provisions are to be implied into this Agreement or to arise between the parties as a collateral or other agreement because of a promise, representation, warranty or undertaking given or made by or on behalf of one party to another before or after it was signed. All parties expressly deny and disclaim the existence of any such implication, or collateral or other agreement. Continuing obligations The termination or expiration of this Agreement does not extinguish a debt, obligation or liability of either of the parties which has accrued under the Agreement and in particular the provisions, rights and obligations described in the following clauses will survive and continue to apply:

Liability for GST. Subject to any other provision of this Agreement expressing a contrary intention, if GST is imposed on a supply made under it, then the party paying for the supply must pay the amount of the GST to the party making the supply, at the same time as, and in addition to, the amount payable for the supply. Tax invoice A party making a taxable supply under this Agreement must give the recipient a tax invoice for the taxable supply when that supply is made. Terms defined in GST Act In this clause “GST” refers to goods and services tax under A New Tax System (Goods and Services) Act 1999 (Cwlth) (“GST Act”) and the terms used have the same meanings as in the GST Act. Entire agreement Entire agreement The covenants, warranties, agreements and provisions contained in this Agreement comprise the entire agreement between the parties about its subject matter. Nothing to be implied No other covenantscovenant, warrantieswarranty, disclaimersdisclaimer, agreements agreement or provisions are provision is to be implied into this Agreement or to arise between the parties as a collateral or other agreement because of a promise, representation, warranty or undertaking given or made by or on behalf of one party to another before or after it was signed. All parties expressly deny and disclaim the existence of any such implication, or collateral or other agreement. Continuing obligations The termination or expiration of this Agreement does not act to extinguish a debt, obligation or liability of either of the parties which has accrued under the Agreement and in particular the provisions, rights and obligations described in the following clauses will survive and continue to apply: