Taxable supplies Sample Clauses

Taxable supplies. 9.3.1 Where GST applies to any supply (except a supply to which Special Conditions 9.2 of this Agreement applies) made to the Purchaser, under or in connection with this Agreement, the consideration for that supply is to be increased by an additional amount equal to the consideration for that supply multiplied by the prevailing GST rate at the time of that supply.
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Taxable supplies. ‌ If a Supply made under or in connection with this Contract is a Taxable Supply, then at or before the time the consideration for the Supply is payable:
Taxable supplies. (a) Any consideration or amount payable under this agreement, including any non-monetary consideration (as reduced in accordance with clause 23.2(e) if required) (Consideration) is exclusive of GST.
Taxable supplies. Subject to clause 38.1 any specific terms to the contrary under this Agreement: in relation to any taxable supply made under or in connection with this Agreement unless the consideration otherwise payable for the supply is expressly stated to be inclusive of GST, the recipient must pay to the supplier, in addition to and at the same time as the consideration otherwise payable for the supply, an amount equal to any GST charged on the supply, provided that the supplier has issued to the recipient a Tax Invoice in respect of the supply (and provided further that if, in respect of the relevant taxable supply, the statutory criteria for zero-rating under section 11(1)(mb) or any other provision of the GST Act are satisfied, the supply will be zero-rated); and‌ unless expressly provided otherwise, where any amount payable under or in connection with this Agreement is calculated or determined by reference to an expense, cost, loss or outgoing of a party (Relevant Expense) for the purpose of calculating the amount payable the amount of the Relevant Expense is to be reduced by an amount equal to any deduction for input tax or any other deduction from output tax available to that party as a result of incurring the Relevant Expense, provided that if the amount payable is the consideration, or part of the consideration, for any taxable supply, clause 38.2(a) will apply, as appropriate.
Taxable supplies. (a) This clause sets out the GST consequences of this agreement.

Related to Taxable supplies

  • Tax Returns Except as set forth on Schedule 3.13:

  • Inventory; Returns Keep all Inventory in good and marketable condition, free from material defects. Returns and allowances between Borrower and its Account Debtors shall follow Borrower’s customary practices as they exist at the Effective Date. Borrower must promptly notify Bank of all returns, recoveries, disputes and claims that involve more than One Hundred Thousand Dollars ($100,000).

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