Payment of GST Clause Samples
The 'Payment of GST' clause defines the parties' obligations regarding the payment and handling of Goods and Services Tax (GST) in a contract. It typically specifies which party is responsible for paying GST on taxable supplies, how GST should be calculated, and the timing of such payments. For example, the clause may require the supplier to add GST to their invoices and the recipient to pay the GST amount in addition to the agreed price. This clause ensures clarity and compliance with tax laws, preventing disputes over tax liabilities and ensuring that GST is properly accounted for in the transaction.
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Payment of GST. If GST is payable on any supply made by a Party (or any entity through which that Party acts) (Supplier) under or in connection with this Agreement, the recipient will pay to the Supplier an amount equal to the GST payable on the supply.
Payment of GST. If GST is payable on any supply made under this Agreement, the recipient of the supply must pay an amount equal to the GST payable on the supply at the same time as payment of the consideration for the supply.
Payment of GST. (a) If GST is imposed on any Supply made under or in accordance with this Agreement, the Recipient of the Taxable Supply must pay to the Supplier an additional amount equal to the GST payable on or for the Taxable Supply, subject to the Recipient receiving a valid Tax Invoice in respect of the Supply at or before the time of payment.
(b) Payment of the additional amount must be made at the same time and in the same way as payment for the Taxable Supply is required to be made in accordance with this Agreement.
Payment of GST. Payment of the additional amount will be made at the same time as payment for the supply is required to be made under this Contract.
Payment of GST. (a) If GST is payable, or notionally payable, on a supply made in connection with this document, the party providing the consideration for the supply agrees to pay to the supplier an additional amount equal to the amount of GST payable on that supply (“GST Amount”).
(b) Subject to the prior receipt of a tax invoice, the GST Amount is payable at the same time as the GST-exclusive consideration for the supply, or the first part of the GST-exclusive consideration for the supply (as the case may be), is payable or is to be provided.
(c) This clause does not apply to the extent that the consideration for the supply is expressly stated to include GST or the supply is subject to a reverse-charge.
Payment of GST. 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 the GST chargeable on that supply (the “Additional Amount”). The recipient must pay the Additional Amount without set- off, demand or deduction, at the same time and in the same manner as any GST Exclusive Consideration for that supply is required to be paid, except that the recipient is not required:
(a) to pay the Additional Amount unless and until the Supplier has issued a tax invoice under clause 19.4; or
(b) to pay any GST Default Amounts included in the Additional Amount if those GST Default Amounts result from the Supplier failing to comply with its obligations under the GST Act.
Payment of GST. If a party makes a Taxable Supply in connection with this Agreement for a Consideration which represents its Value, then the party liable to pay for the Taxable Supply will also pay, at the same time and in the same manner as the Value is otherwise payable, the amount of any GST payable in respect of the Taxable Supply. A party’s right to payment under this clause is subject to a valid Tax Invoice being delivered to the party liable to pay for the Taxable Supply.
Payment of GST. Any GST Amount must be paid by the Recipient to the Supplier at the same time and in the same manner as the relevant Consideration is paid or given under this Agreement, without any right of set-off or deduction (unless otherwise provided in this Agreement).
Payment of GST. Subject to clause 8.3 the recipient will pay the GST Amount at the same time and in the same manner as the consideration for the supply is to be provided under this Lease.
Payment of GST. If GST is payable by a supplier on any supply made under this Agreement, the recipient of the supply will pay to the supplier an amount equal to the GST payable on the supply, in addition to and at the same time that the consideration for the supply is to be provided under this Agreement.