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

  • 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.

  • 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.

  • No payment of any amount pursuant to clause 9.1, and no payment of the GST Amount where the Consideration for a Taxable Supply is expressly agreed to be GST inclusive, is required until the supplier has provided a Tax Invoice or Adjustment Note as the case may be to the recipient.

  • 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 an adjustment event occurs in relation to a supply made under or in connection with this Agreement, the GST Amount will be recalculated to reflect that adjustment and an appropriate payment will be made between the parties.


More Definitions of GST Amount

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 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 has the meaning given in clause 18.3 (“Payment of GST”).
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 (being 10% when the GST Law commenced) or any lower rate notified from time to time by the person making the relevant Supply;
GST Amount means the amount of any GST payable on a Finance Supply; and
GST Amount. = in relation to a Payment, means 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.