Recovery of GST Sample Clauses

Recovery of GST. If GST is payable on a Taxable Supply made under, by reference to or in connection with this Agreement, the party providing the Consideration for that Taxable Supply must also pay the GST Amount as additional Consideration. Subject to the prior receipt of a Tax Invoice, the GST Amount is payable at the same time that the other Consideration for the Taxable Supply is provided. This clause 19.2 does not apply to the extent that the Consideration for the Taxable Supply is expressly stated to be GST inclusive.
Recovery of GST. If GST is payable, or notionally payable, on a supply made under or in connection with this Contract, the party providing the consideration for that supply must pay as additional consideration an amount equal to the amount of GST payable, or notionally payable, on that supply (the "GST Amount"). Subject to the prior receipt of a tax invoice, the GST Amount is payable at the same time that the other consideration for the supply is provided. If a tax invoice is not received prior to the provision of that other consideration, the GST Amount is payable within 10 days of the receipt of a tax invoice. This Section 4.2 does not apply to the extent that the consideration for the supply is expressly stated to be GST inclusive or the supply is subject to reverse charge.
Recovery of GST. If one party makes a taxable supply and the consideration for that supply does not expressly include GST, the party that is liable to provide the GST-exclusive consideration must also pay an amount equal to the GST payable in respect of that supply.
Recovery of GST. If a Supply under this Lease is subject to GST: (a) the Recipient of the Supply must pay, in addition to the other consideration payable or to be provided for the Supply, an additional amount equal to the GST; and (b) the Recipient must pay the additional amount to the supplier at the same time as the other consideration. However, the Recipient need not pay the additional amount until the supplier gives the Recipient a Tax Invoice.
Recovery of GST. If GST is imposed on any supply made under this deed by one party (the supplying party) to another party (the receiving party) and the consideration payable or to be provided for the supply under any other clause in this deed is not expressed to be inclusive of GST, the receiving party must pay, in addition to and at the same time as any GST exclusive consideration is payable or to be provided for the supply, an amount calculated by multiplying the value of that GST exclusive consideration (without deduction or set-off) by the prevailing GST rate.
Recovery of GST. If GST is payable, or notionally payable, on a supply made under or in connection with this Agreement, the party providing the consideration for that supply must pay as additional consideration an amount equal to the amount of GST payable, or notionally payable, on that supply (the “GST Amount”). Subject to the prior receipt of a tax invoice, the GST Amount is payable at the same time that the other consideration, or the first part of the other consideration for the supply (as the case may be) is payable or is to be provided. This clause does not apply to the extent that the consideration for the supply is expressly stated to be GST inclusive or the supply is subject to reverse charge.
AutoNDA by SimpleDocs
Recovery of GST. (a) Unless expressly provided otherwise, all amounts and other consideration payable under or in connection with this Agreement (including the Charges) are exclusive of GST. (b) If GST is payable on a taxable supply made by a party (the GST Supplier) to another party (the GST Recipient), the GST Supplier may recover from the GST Recipient the amount of that GST (GST Amount) in addition to any consideration otherwise payable or provided for the supply. (c) The GST Recipient must make the payment of the GST Amount at the same time and in the same manner as it provides the consideration for the relevant supply subject to the GST Recipient receiving a tax invoice or adjustment note before the due date for payment. (d) If a party is entitled to be reimbursed or indemnified under this Agreement for an amount, the amount reimbursed or indemnified is reduced by the amount of GST for which the party has an entitlement to claim an input tax credit. It is to be assumed that there is an entitlement to a full input tax credit on an acquisition associated with the reimbursement or indemnity, unless the party to be reimbursed or indemnified demonstrates otherwise before the date the payment is to be made.
Recovery of GST. Terms that are defined in the GST Act have the same meaning when used in this clause 9.
Recovery of GST. (a) Unless otherwise expressly stated, all amounts referred to in this agreement, including amounts used to determine a payment to be made by one party to the other, are exclusive of GST. (b) If one party (supplying party) makes a taxable supply, the party that is liable to provide the consideration (receiving party) must also pay an amount (GST amount) equal to the GST payable in respect of that supply.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!