GST Amount definition

GST Amount means in relation to a Taxable Supply the amount of GST payable in respect of the Taxable Supply.
GST Amount means any Payment (or the relevant part of that Payment) multiplied by the appropriate rate of GST.
GST Amount means an amount equal to any GST for which an Invoicing Party is liable in respect of an Invoiced Party pursuant to this Operating Code.

Examples of GST Amount in a sentence

  • The Recipient need not pay the GST Amount in respect of a taxable supply made under or in connection with this Agreement until the Supplier has given the Recipient a tax invoice in respect of that taxable supply.

  • Subject to clause 10.3, the recipient must pay the GST Amount at the same time and in the same manner as the consideration for the supply is to be provided under this Agreement in full and without deduction, set off, withholding or counterclaim (unless otherwise provided in this Agreement).

  • If GST is payable in respect of any supply made by a supplier under this Agreement (GST Amount), the recipient must pay to the supplier an amount equal to the GST payable on the supply.

  • The GST Amount is due and payable by the Customer at the same time as the payment in respect of which it is payable is due under this Agreement.

  • The Contractor must provide a tax invoice to the recipient before the Contractor will be entitled to payment of the GST Amount under clause 10.3.


More Definitions of GST Amount

GST Amount means any Payment (or the relevant part of that Payment) multiplied by the appropriate rate of GST (currently 10%) together with any related interest, penalties, fines or other charge.
GST Amount means the GST payable in respect of a taxable supply under the Service Agreement, calculated at the rate of GST applicable at the time (10% as at the date of the Service Agreement);
GST Amount means the amount calculated by multiplying the monetary consideration payable by the recipient (excluding the amount payable as GST) for the relevant taxable supply by the prevailing GST rate.
GST Amount has the meaning given in clause 24.2(c).
GST Amount means the amount of GST payable in respect of any taxable supply under the Contract, calculated at the rate of GST applicable at the time;
GST Amount means the amount of any GST payable on a Finance Supply; and
GST Amount means, in relation to a Payment, an amount arrived at by multiplying the Payment (or the relevant part of a Payment if only part of a Payment is the consideration for a Taxable Supply) by the appropriate rate of GST prescribed under the GST Law from time to time (being 10% when the GST Law commenced) or any lower rate notified from time to time by the person making the relevant Supply.