GST Exclusive Consideration definition

GST Exclusive Consideration has meaning given to it in clause 21(b).

GST Exclusive Consideration means any consideration payable under this Agreement that either does not include an amount referable to GST or, if the consideration is inclusive of GST, is that consideration excluding the amount referable to GST using the rate of GST in force at the time the parties agreed on the consideration.

GST Exclusive Consideration means the consideration payable or to be provided for a Supply, but for the application of this clause 7.3;

Examples of GST Exclusive Consideration in a sentence

• Unless expressly included, the consideration for any supply made under or in connection with this Agreement does not include an amount on account of GST in respect of the supply ("GST Exclusive Consideration") except as provided under this clause.

• To the extent that GST is payable in respect of any supply made by a party ("Supplier") under or in connection with this Agreement, the consideration to be provided under this Agreement for that supply (unless it is expressly stated to include GST) is increased by an amount equal to the GST Exclusive Consideration (or its GST exclusive market value if applicable) multiplied by the rate at which GST is imposed in respect of the supply.

• If GST is chargeable on any supply made under or in connection with this Agreement the recipient must pay to the party that has made or will make the supply (the “Supplier”), in addition to the GST Exclusive Consideration, an additional amount equal to any GST chargeable on that supply (the “Additional Amount”).

• The recipient must pay the additional amount payable under clause 21.1(d) to the Supplier at the same time as the GST Exclusive Consideration is otherwise required to be provided.

More Definitions of GST Exclusive Consideration

GST Exclusive Consideration has the meaning given in clause 8.2.

GST Exclusive Consideration has the meaning given to that term in clause 16.4(c).

GST Exclusive Consideration has the meaning given to that term in clause 19.2. “HSR Condition” means the Condition set out in clause 3.1(b).

GST Exclusive Consideration has the meaning given in clause 13.2; “GST Act” means the Goods and Services Tax Act 1985; “Implementation Date” means:

GST Exclusive Consideration has the meaning given in clause 18.4(a).

GST Exclusive Consideration has the meaning set out in clause 19.3. GST Law has the same meaning as in the GST Act.

GST Exclusive Consideration has the meaning given in Clause 32.3(a);