Common use of GST Clause in Contracts

GST. (1) Unless otherwise specified in this contract, the Purchase Price includes any GST payable on the supply of the Property to the Buyer. (2) If a party is required to make any other payment or reimbursement under this contract, that payment or reimbursement will be reduced by the amount of any input tax credits to which the other party (or the representative member for a GST group of which it is a member) is entitled.

Appears in 51 contracts

Sources: Contract for Houses and Residential Land, Contract for Houses and Residential Land, Contract for Houses and Residential Land

GST. (1) Unless otherwise specified in this contract, the Purchase Price includes any GST payable on the supply of the Property to the Buyer. (2) If a party is required to make any other payment or reimbursement under this contractContract, that payment or reimbursement will be reduced by the amount of any input tax credits to which the other party (or the representative member for a GST group of which it is a member) is entitled.

Appears in 3 contracts

Sources: Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme, Contract for Residential Lots in a Community Titles Scheme

GST. (1) 2.1.1. Unless otherwise specified in this contract, the Purchase Price includes any GST payable on the supply of the Property Land to the Buyer. (2) 2.1.2. If a party is required to make any other payment or reimbursement under this contract, that payment or reimbursement will be reduced by the amount of any input tax credits to which the other party (or the representative member for a GST group of which it is a member) is entitled.

Appears in 3 contracts

Sources: Contract for Sale of Land, Contract for Sale of Land, Contract for Sale of Land

GST. (1) Unless otherwise specified in this contract, the Purchase Price includes any GST payable on the supply of the Property to the Buyer. (2) If a party is required to make any other payment or reimbursement under this contract, that payment or reimbursement will be reduced by the amount of any input tax credits to which the other party (or the representative member for a GST group of which it is a member) is entitled.

Appears in 1 contract

Sources: Land Sale Contract

GST. DRAFT (1) Unless otherwise specified in this contract, the Purchase Price includes any GST payable on the supply of the Property to the Buyer. (2) If a party is required to make any other payment or reimbursement under this contract, that payment or reimbursement will be reduced by the amount of any input tax credits to which the other party (or the representative member for a GST group of which it is a member) is entitled.

Appears in 1 contract

Sources: Contract for Houses and Residential Land