Time for payment of GST amount. Subject to first receiving a tax invoice, the receiving party must pay the GST amount when it is liable to provide the consideration.
Time for payment of GST amount. The GST Amount is payable no later than the time the consideration to which the GST Amount relates is payable by the recipient under this Contract, provided the supplier has issued a tax invoice to the recipient.
Time for payment of GST amount. Subject to first receiving a tax invoice or adjustment note as appropriate, the receiving party must pay the GST amount when it is liable to provide the consideration. Indemnity and Reimbursement Payments If one party must indemnify or reimburse another party (payee) for any loss or expense incurred by the payee, the required payment does not include any amount that the payee (or an entity that is in the same GST group as the payee) is entitled to claim as an input tax credit, but will be increased under clause 15.1 if the payment is consideration for a taxable supply.
