GST definition

GST means Goods and Services Tax charged on the supply of material(s) and services. The term “GST” shall be construed to include the Integrated Goods and Services Tax (hereinafter referred to as “IGST”) or Central Goods and Services Tax (hereinafter referred to as “CGST”) or State Goods and Services Tax (hereinafter referred to as “SGST”) or Union Territory Goods and Services Tax (hereinafter referred to as “UTGST”) depending upon the import / interstate or intrastate supplies, as the case may be. It shall also mean GST compensation Cess, if applicable.

GST means Goods and Services Tax

GST means the Goods and Services Tax payable under a GST Law.

Examples of GST in a sentence

• If either party is entitled under this agreement to be reimbursed or indemnified by the other party for a cost or expense incurred in connection with this agreement, the reimbursement or indemnity payment will not include any GST component of the cost or expense for which an Input Tax Credit may be claimed by the party entitled to be reimbursed or indemnified.

• Milestone number Milestone name and description Due date <No> <milestone name> <milestone description> <dd/mm/yyyy> Payment of the Grant The total amount of the Grant is <grant amount> (plus GST if applicable).

• If a payment under an indemnity in this agreement gives rise to a liability to pay GST, the payer must pay and indemnify the payee against the amount of that GST.

• If a party is a member of a GST group, references to GST which the party must pay, and to input tax credits to which the party is entitled, include GST which the representative member of the GST group must pay and input tax credits to which the representative member is entitled.

• If an adjustment event arises for a supply made in connection with this document the GST Amount must be recalculated to reflect that adjustment.

More Definitions of GST

GST means any tax imposed on the supply of goods and/or services under GST Law.

GST means Goods and Services Tax as defined within the “A New Tax System (Goods and Services Tax) Act 1999” (Cth).

GST means the tax payable and imposed pursuant to Part IX of the Excise Tax Act (Canada), as amended or replaced from time to time;

GST means any tax imposed on Supplies by or through the New Tax System (Goods and Services Tax) Act 1999 (‘Act’) and any related Tax Imposition Act and "New Tax System Changes" has the meaning it bears in the New Tax System (Trade Practices Amendment) Act 1999 (‘TPA’). Where any other term is used in this clause which is defined in the Act or the TPA it shall have the meaning which it bears in the Act, or (if the term is not defined in the Act) then the meaning which it bears in the TPA;

GST means the tax imposed by the GST Law;

GST means a tax that is payable under GST law as defined in the A New Tax System (Goods and Services Tax) Xxx 0000 (Cth).

GST means goods and services tax and has the meaning assigned to it in the Goods and Services Tax Act 2014 (“GST Act”).