Common use of Tax invoices Clause in Contracts

Tax invoices. (a) (Supplies by the Trustee) The Parties agree that: (i) the Landholder will issue a recipient created tax invoice (RCTI) in respect of any taxable supply which the Trustee makes to the Landholder under or in connection with this Agreement (Trustee Supplies); (ii) the Trustee will not issue tax invoices in respect of the Trustee Supplies; (iii) the Trustee is registered for GST as at the date of this Agreement and must notify the Landholder if it ceases to be registered; (iv) the Landholder is registered for GST as at the date of this Agreement and must notify the Trustee if it ceases to be registered; (v) the Landholder will issue an adjustment note to the Trustee for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vi) each RCTI to be issued in accordance with this Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (vii) the agreement in this clause 21.4(a) will terminate immediately if the Landholder or the Trustee cease to satisfy any of the requirements under the GST Law for issuing a RCTI. (b) (Supplies by the Landholder) The Landholder must deliver a tax invoice or an adjustment note to the Trustee before the Landholder is entitled to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides a tax invoice or an adjustment note, as appropriate.

Appears in 3 contracts

Samples: User Funding – Rail Corridor Agreement, User Funding – Rail Corridor Agreement, User Funding – Rail Corridor Agreement

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Tax invoices. (a) (Supplies by the Trustee) The Parties agree thatthat VicForests shall issue RCTIs in respect of taxable supplies made by the Contractor, by reference to or in connection with the Agreement, and the Parties effect a written agreement in accordance with the conditions set out by the Commissioner of Taxation in GST Ruling 2000/10 as follows: (i) the Landholder will VicForests can issue a recipient created tax invoice (RCTI) invoices in respect of any taxable supply which the Trustee makes to Services provided by the Landholder under or Contractor in connection accordance with this Agreement (Trustee Supplies)the Agreement; (ii) subject to clause 4.3 the Trustee Contractor will not issue tax invoices in respect of the Trustee SuppliesServices in accordance with the Agreement; (iii) the Trustee Contractor acknowledges that it is registered for GST as at the date of this the Agreement and must notify that it will maintain such registration during the Landholder if it ceases to be registeredTerm; (iv) the Landholder VicForests acknowledges that it is registered for GST as at the date of this the Agreement and must notify that it will maintain such registration during the Trustee if it ceases to be registeredTerm; (v) the Landholder VicForests will issue an adjustment note to the Trustee Contractor for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vi) each VicForests and the Contractor acknowledge that the RCTI to be issued in accordance with this the Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (vii) the agreement in this clause 21.4(aparagraph (a) will terminate immediately if the Landholder VicForests or the Trustee Contractor cease to satisfy any of the requirements under the GST Law Act for issuing a an RCTI. (b) In respect of taxable supplies to which paragraph (Supplies by a) above does not apply, no payment of any amount pursuant to clause 20.3 is required until the Landholder) The Landholder must deliver supplier has provided a tax invoice or an adjustment note as appropriate to the Trustee before recipient. (c) The Contractor must ensure that Invoices issued under this Agreement contain the Landholder is entitled information necessary to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides be a tax invoice for the purposes of the GST Law including the following: (i) invoices for taxable supplies that total $1000 or an adjustment notemore must contain: (A) the words “tax invoice’ stated prominently; (B) the name of the supplier; (C) the ABN of the supplier; (D) the name of the recipient; (E) the address or ABN of the recipient; (F) the date of issue of the tax invoice; (G) the quantity of the goods or the extent of the services sold; (H) a brief description of the services supplied; and (I) the total price of the sale (including GST); and (ii) where the GST to be paid is: (A) exactly one-eleventh of the total price, show the GST amount separately or provide a statement such as appropriate“total price includes GST"; or (B) less than one-eleventh of the total price, show the GST amount and the total amount excluding GST for the sales.

Appears in 2 contracts

Samples: Linked Haulage Agreement, Haulage Agreement

Tax invoices. (a) (Supplies by the Trustee) The Parties agree thatthat VicForests shall issue RCTIs in respect of taxable supplies made by the Contractor, by reference to or in connection with the Agreement, and the Parties effect a written agreement in accordance with the conditions set out by the Commissioner of Taxation in GST Ruling 2000/10 as follows: (i) the Landholder will VicForests can issue a recipient created tax invoice (RCTI) invoices in respect of any taxable supply which the Trustee makes to Harvest Services provided by the Landholder under or Contractor in connection accordance with this Agreement (Trustee Supplies)Agreement; (ii) subject to clause 4.3, the Trustee Contractor will not issue tax invoices in respect of the Trustee SuppliesHarvest Services in accordance with this Agreement; (iii) the Trustee Contractor acknowledges that it is registered for GST as at the date of this Agreement and must notify that it will maintain such registration during the Landholder if it ceases to be registeredTerm; (iv) the Landholder VicForests acknowledges that it is registered for GST as at the date of this Agreement and must notify that it will maintain such registration during the Trustee if it ceases to be registeredTerm; (v) the Landholder VicForests will issue an adjustment note to the Trustee Contractor for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vi) each VicForests and the Contractor acknowledge that the RCTI to be issued in accordance with this the Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (vii) the agreement in this clause 21.4(aparagraph (a) will terminate immediately if the Landholder VicForests or the Trustee Contractor cease to satisfy any of the requirements under the GST Law Act for issuing a an RCTI. (b) In respect of taxable supplies to which paragraph (Supplies by a) does not apply, no payment of any amount pursuant to clause 20.3 is required until the Landholder) The Landholder must deliver supplier has provided a tax invoice or an adjustment note as appropriate to the Trustee before recipient. (c) The Contractor must ensure that Invoices issued under this Agreement contain the Landholder is entitled information necessary to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides be a tax invoice for the purposes of the GST Law including the following: (i) invoices for taxable supplies that total $1000 or an adjustment notemore must contain: (A) the words “tax invoice’ stated prominently; (B) the name of the supplier; (C) the ABN of the supplier; (D) the name of the recipient; (E) the address or ABN of the recipient; (F) the date of issue of the tax invoice; (G) the quantity of the goods or the extent of the services sold; (H) a brief description of the services supplied; and (I) the total price of the sale (including GST); and (ii) where the GST to be paid is: (A) exactly one-eleventh of the total price, show the GST amount separately or provide a statement such as appropriate“total price includes GST"; or (B) less than one-eleventh of the total price, show the GST amount and the total amount excluding GST for the sales.

Appears in 2 contracts

Samples: Harvest Agreement, Linked Harvest Agreement

Tax invoices. (a) (Supplies by the Trustee) The Parties agree thatthat VicForests shall issue RCTIs in respect of taxable supplies made by the Contractor, by reference to or in connection with the Agreement, and the Parties effect a written agreement in accordance with the conditions set out by the Commissioner of Taxation in GST Ruling 2000/10 as follows: (i) the Landholder will VicForests can issue a recipient created tax invoice (RCTI) invoices in respect of any taxable supply which the Trustee makes to Harvest Services provided by the Landholder under or Contractor in connection accordance with this Agreement (Trustee Supplies)Agreement; (ii) subject to clause 4.3, the Trustee Contractor will not issue tax invoices in respect of the Trustee SuppliesHarvest Services in accordance with this Agreement; (iii) the Trustee Contractor acknowledges that it is registered for GST as at the date of this Agreement and must notify that it will maintain such registration during the Landholder if it ceases to be registeredTerm; (iv) the Landholder VicForests acknowledges that it is registered for GST as at the date of this Agreement and must notify that it will maintain such registration during the Trustee if it ceases to be registeredTerm; (v) the Landholder VicForests will issue an adjustment note to the Trustee Contractor for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vi) each VicForests and the Contractor acknowledge that the RCTI to be issued in accordance with this the Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (vii) the agreement in this clause 21.4(aparagraph (a) will terminate immediately if the Landholder VicForests or the Trustee Contractor cease to satisfy any of the requirements under the GST Law Act for issuing a an RCTI. (b) In respect of taxable supplies to which paragraph (Supplies by a) does not apply, no payment of any amount pursuant to clause 20.3 is required until the Landholder) The Landholder must deliver supplier has provided a tax invoice or an adjustment note as appropriate to the Trustee before the Landholder is entitled to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides a tax invoice or an adjustment note, as appropriaterecipient.

Appears in 2 contracts

Samples: Harvest Agreement, Harvest Agreement

Tax invoices. (a) (Supplies by the Trustee) The Parties agree thatthat VicForests shall issue RCTIs in respect of taxable supplies made by the Contractor, by reference to or in connection with the Agreement, and the Parties effect a written agreement in accordance with the conditions set out by the Commissioner of Taxation in GST Ruling 2000/10 as follows: (i) the Landholder will VicForests can issue a recipient created tax invoice (RCTI) invoices in respect of any taxable supply which the Trustee makes to Services provided by the Landholder under or Contractor in connection accordance with this Agreement (Trustee Supplies)the Agreement; (ii) subject to clause 4.3 the Trustee Contractor will not issue tax invoices in respect of the Trustee SuppliesServices in accordance with the Agreement; (iii) the Trustee Contractor acknowledges that it is registered for GST as at the date of this the Agreement and must notify that it will maintain such registration during the Landholder if it ceases to be registeredTerm; (iv) the Landholder VicForests acknowledges that it is registered for GST as at the date of this the Agreement and must notify that it will maintain such registration during the Trustee if it ceases to be registeredTerm; (v) the Landholder VicForests will issue an adjustment note to the Trustee Contractor for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vi) each VicForests and the Contractor acknowledge that the RCTI to be issued in accordance with this the Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (vii) the agreement in this clause 21.4(aparagraph (a) will terminate immediately if the Landholder VicForests or the Trustee Contractor cease to satisfy any of the requirements under the GST Law Act for issuing a an RCTI. (b) In respect of taxable supplies to which paragraph (Supplies by a) above does not apply, no payment of any amount pursuant to clause 18.3 is required until the Landholder) The Landholder must deliver supplier has provided a tax invoice or an adjustment note as appropriate to the Trustee before recipient. (c) The Contractor must ensure that Invoices issued under this Agreement contain the Landholder is entitled information necessary to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides be a tax invoice for the purposes of the GST Law including the following: (i) invoices for taxable supplies that total $1000 or an adjustment notemore must contain: (A) the words “tax invoice’ stated prominently; (B) the name of the supplier; (C) the ABN of the supplier; (D) the name of the recipient; (E) the address or ABN of the recipient; (F) the date of issue of the tax invoice; (G) the quantity of the goods or the extent of the services sold; (H) a brief description of the services supplied; and (I) the total price of the sale (including GST); and (ii) where the GST to be paid is: (A) exactly one-eleventh of the total price, show the GST amount separately or provide a statement such as appropriate“total price includes GST"; or (B) less than one-eleventh of the total price, show the GST amount and the total amount excluding GST for the sales.

Appears in 2 contracts

Samples: Haulage Agreement, Haulage Agreement

Tax invoices. (a) To the extent the Contractor does not have the requisite information to issue an Invoice and VicForests does have such information, the parties agree that VicForests shall issue Recipient Created Tax Invoices (Supplies RCTIs) in respect of taxable supplies made by the Trustee) The Parties agree thatContractor, by reference to or in connection with this Agreement, and the parties effect a written agreement in accordance with the conditions set out by the Commissioner of Taxation in GST Ruling 2000/10 as follows: (i) the Landholder will VicForests can issue a recipient created tax invoice (RCTI) invoices in respect of any taxable supply which the Trustee makes to Services provided by the Landholder under or Contractor in connection accordance with this Agreement (Trustee Supplies)Agreement; (ii) the Trustee Contractor will not issue tax invoices in respect of the Trustee SuppliesServices in accordance with this Agreement; (iii) VicForests will be required to withhold tax from payments to suppliers, who do not provide an ABN; (iv) the Trustee Contractor acknowledges that it is registered for GST as at the date of this Agreement and must will promptly notify the Landholder VicForests if it ceases to be registered; (ivv) the Landholder VicForests acknowledges that it is registered for GST as at the date of this Agreement and must will promptly notify the Trustee Contractor if it ceases to be registered; (vvi) the Landholder VicForests will issue an adjustment note to the Trustee Contractor for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vivii) each VicForests and the Contractor acknowledge that the RCTI to be issued in accordance with this Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (viiviii) the agreement in this clause 21.4(a17.4(a) will terminate immediately if the Landholder VicForests or the Trustee Contractor cease to satisfy any of the requirements under the GST Law for issuing a RCTI. (b) (Supplies by In respect of taxable supplies to which clause 17.4(a) does not apply, no payment of any amount pursuant to clause 17.3 is required until the Landholder) The Landholder must deliver supplier has provided a tax invoice or an adjustment note as appropriate to the Trustee before the Landholder is entitled recipient. (c) The Contractor must ensure that invoices issued pursuant to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides a tax invoice or an adjustment note, as appropriate.4.1

Appears in 1 contract

Samples: Contractor Agreement

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Tax invoices. (a) To the extent the Contractor does not have the requisite information to issue an Invoice and VicForests does have such information, the parties agree that VicForests shall issue Recipient Created Tax Invoices (Supplies RCTIs) in respect of taxable supplies made by the Trustee) The Parties agree thatContractor, by reference to or in connection with this Agreement, and the parties effect a written agreement in accordance with the conditions set out by the Commissioner of Taxation in GST Ruling 2000/10 as follows: (i) the Landholder will VicForests can issue a recipient created tax invoice (RCTI) invoices in respect of any taxable supply which the Trustee makes to Services provided by the Landholder under or Contractor in connection accordance with this Agreement (Trustee Supplies)Agreement; (ii) the Trustee Contractor will not issue tax invoices in respect of the Trustee SuppliesServices in accordance with this Agreement; (iii) VicForests will be required to withhold tax from payments to suppliers, who do not provide an ABN; (iv) the Trustee Contractor acknowledges that it is registered for GST as at the date of this Agreement and must will promptly notify the Landholder VicForests if it ceases to be registered; (ivv) the Landholder VicForests acknowledges that it is registered for GST as at the date of this Agreement and must will promptly notify the Trustee Contractor if it ceases to be registered; (vvi) the Landholder VicForests will issue an adjustment note to the Trustee Contractor for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vivii) each VicForests and the Contractor acknowledge that the RCTI to be issued in accordance with this Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (viiviii) the agreement in this clause 21.4(a17.4(a) will terminate immediately if the Landholder VicForests or the Trustee Contractor cease to satisfy any of the requirements under the GST Law Act for issuing a RCTI. (b) (Supplies by In respect of taxable supplies to which clause 17.4(a) does not apply, no payment of any amount pursuant to clause 17.3 is required until the Landholder) The Landholder must deliver supplier has provided a tax invoice or an adjustment note as appropriate to the Trustee before the Landholder is entitled recipient. (c) The Contractor must ensure that invoices issued pursuant to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides a tax invoice or an adjustment note, as appropriate.4.1

Appears in 1 contract

Samples: Contractor Agreement

Tax invoices. (a) (Supplies by the Trustee) The Parties agree thatthat VicForests shall issue RCTIs in respect of taxable supplies made by the Contractor, by reference to or in connection with the Agreement, and the Parties effect a written agreement in accordance with the conditions set out by the Commissioner of Taxation in GST Ruling 2000/10 as follows: (i) the Landholder will VicForests can issue a recipient created tax invoice (RCTI) invoices in respect of any taxable supply which the Trustee makes to Harvest Services and Haulage Services provided by the Landholder under or Contractor in connection accordance with this Agreement (Trustee Supplies)Agreement; (ii) subject to clause 4.3, the Trustee Contractor will not issue tax invoices in respect of the Trustee SuppliesHarvest Services and Haulage Services in accordance with this Agreement; (iii) the Trustee Contractor acknowledges that it is registered for GST as at the date of this Agreement and must notify that it will maintain such registration during the Landholder if it ceases to be registeredTerm; (iv) the Landholder VicForests acknowledges that it is registered for GST as at the date of this Agreement and must notify that it will maintain such registration during the Trustee if it ceases to be registeredTerm; (v) the Landholder VicForests will issue an adjustment note to the Trustee Contractor for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vi) each VicForests and the Contractor acknowledge that the RCTI to be issued in accordance with this the Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (vii) the agreement in this clause 21.4(aparagraph (a) will terminate immediately if the Landholder VicForests or the Trustee Contractor cease to satisfy any of the requirements under the GST Law Act for issuing a an RCTI. (b) In respect of taxable supplies to which paragraph (Supplies by a) does not apply, no payment of any amount pursuant to clause 20.3 is required until the Landholder) The Landholder must deliver supplier has provided a tax invoice or an adjustment note as appropriate to the Trustee before recipient. (c) The Contractor must ensure that Invoices issued under this Agreement contain the Landholder is entitled information necessary to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides be a tax invoice for the purposes of the GST Law including the following: (i) invoices for taxable supplies that total $1000 or an adjustment notemore must contain: (A) the words “tax invoice’ stated prominently; (B) the name of the supplier; (C) the ABN of the supplier; (D) the name of the recipient; (E) the address or ABN of the recipient; (F) the date of issue of the tax invoice; (G) the quantity of the goods or the extent of the services sold; (H) a brief description of the services supplied; and (I) the total price of the sale (including GST); and (ii) where the GST to be paid is: (A) exactly one-eleventh of the total price, show the GST amount separately or provide a statement such as appropriate“total price includes GST"; or (B) less than one-eleventh of the total price, show the GST amount and the total amount excluding GST for the sales.

Appears in 1 contract

Samples: Harvest and Haulage Agreement

Tax invoices. (a) (Supplies by the Trustee) The Parties agree that: (i) the Landholder Aurizon will issue a recipient created tax invoice (RCTI) in respect of any taxable supply which the Trustee makes to the Landholder Aurizon under or in connection with this Agreement (Trustee Supplies); (ii) the Trustee will not issue tax invoices in respect of the Trustee Supplies; (iii) the Trustee is registered for GST as at the date of this Agreement and must notify the Landholder Aurizon if it ceases to be registered; (iv) the Landholder Aurizon is registered for GST as at the date of this Agreement and must notify the Trustee if it ceases to be registered; (v) the Landholder Aurizon will issue an adjustment note to the Trustee for any adjustment events that arise in relation to a supply for which a RCTI has been issued; (vi) each RCTI to be issued in accordance with this Agreement is a tax invoice belonging to the class of invoices that the Commissioner of Taxation has determined in writing may be issued by the recipient of a taxable supply; and (vii) the agreement in this clause 21.4(a18.4(a) will terminate immediately if the Landholder Aurizon or the Trustee cease to satisfy any of the requirements under the GST Law for issuing a RCTI. (b) (Supplies by the Landholder) The Landholder must deliver a tax invoice or an adjustment note to the Trustee before the Landholder is entitled to payment of an amount on account of GST under clause 21.3 in respect of the supplies it makes to the Trustee. The Trustee can withhold payment of the amount on account of GST until the Landholder provides a tax invoice or an adjustment note, as appropriate.

Appears in 1 contract

Samples: User Funding – Extension Infrastructure Sub Lease

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