Examples of HST Act in a sentence
The actual consideration for the Purchased Home, exclusive of Extras, changes, upgrades or adjustments as herein provided, is the amount derived by subtracting the HST payable herein (less all refunds, credits and rebates, if any, including the Rebate, available to the Purchaser pursuant to the HST Act, if any) from the Purchase Price.
The Purchaser covenants and agrees to pay the HST exigible on the purchase of the Purchased Home as required by the HST Act and the Vendor shall remit the HST to the Canada Revenue Agency on behalf of the Purchaser following the Closing of the transaction.
The Purchaser will file such election in prescribed form (more particularly CRA Form GST44) and within the time limits contained in the HST Act.
Each of the Vendors and QEP Canada acknowledge and agree that the Vendors are selling, and QEP Canada is acquiring, all or substantially all of the assets used in the Vendors’ business in Canada and each party agrees to jointly prepare and execute an election pursuant to section 167 of the HST Act.
Kraus Canada is duly registered for purposes of the HST Act and the QST Act, Kraus Properties is duly registered for purposes of the HST Act, and Kraus Carpet is duly registered for the purposes of the HST Act and the QST Act.
The Purchaser shall, at the Purchaser’s own cost and expense, be responsible for payment of all taxes including the tax exigible pursuant to the HST Act and any transaction tax, value added tax, sales, use, transfer tax or non-resident speculation tax and any increase in the rate of such taxes imposed by any of the Government of Canada, Government of Ontario or City of Toronto, on all amounts payable under this Purchase Agreement, including without limitation for Extras.
The Purchaser and Vendor acknowledge and agree that the Purchase Price includes a component equivalent to the harmonized sales tax exigible on the purchase of the Purchased Home less the Rebate as defined below (“HST”) payable pursuant to the HST Act.