Input Tax Credit means the credit of input tax;
Input Tax Credit has the meaning given by the GST Law and a reference to an Input Tax Credit entitlement of a party includes an Input Tax Credit for an acquisition made by that party but to which another member of the same GST Group is entitled under the GST Law. Taxable Supply has the meaning given by the GST Law excluding (except where expressly agreed otherwise) a supply in respect of which the supplier chooses to apply the Margin Scheme in working out the amount of GST on that supply.
Input Tax Credit has the meaning given to that term by the GST Law.
Examples of Input Tax Credit in a sentence
The supplier must, as a precondition to the payment of GST, give the other party a valid tax invoice and shall do all things reasonably necessary to assist the recipient to enable it to claim and obtain any Input Tax Credit available to it in respect of a supply.
More Definitions of Input Tax Credit
Input Tax Credit means the input tax claimable by a registered person.
Input Tax Credit means credit of ‘input tax’ as defined in section 2(56);
Input Tax Credit means credit of ‘input tax’ as defined in sub-section (55);
Input Tax Credit has the meaning given in section 195-1 of the A New Tax System (Goods And Services Tax) Xxx 0000 (Cwlth);
Input Tax Credit has the meaning given in section 195-1 of the GST Act. 'Inspector' means a person appointed as such under the WHS Act. ‘Instance’ means the provision of Program Services to a Participant receiving Flexible Ongoing Support, in accordance with any Guidelines. ‘Intellectual Property Rights’ includes: all copyright (including rights in relation to phonograms and broadcasts); all rights in relation to inventions (including patent rights), plant varieties, trademarks (including service marks), designs, circuit layouts; and all other rights resulting from intellectual activity in the industrial, scientific, literary or artistic fields, but does not include: Moral Rights; the non-proprietary rights of performers; or rights in relation to confidential information.
Input Tax Credit means the amount You are entitled to claim as a credit against GST that You have paid.