Correctly Rendered Tax Invoice definition

Correctly Rendered Tax Invoice means a tax invoice that:

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Correctly Rendered Tax Invoice means a tax invoice that: complies with the requirements of the GST Law; sets out details of the Activity undertaken for which the Funding or the relevant Instalment is claimed, applicable GST and the total amount payable; and contains any other details and is accompanied by any other supporting information reasonably required by the Agency. Existing Material means Material developed independently of this Agreement by either Party and includes Existing Material that is incorporated in or supplied as part of the Activity Material.

Correctly Rendered Tax Invoice means an invoice where: the amount claimed in the invoice is due for payment, is correctly calculated, is GST compliant and correctly refers to the relevant Milestones.

Examples of Correctly Rendered Tax Invoice in a sentence

• If Goods and Services Tax (GST) is payable by a supplier on any supply made under this Agreement and the supplier is registered for GST, subject to receipt of a Correctly Rendered Tax Invoice (or in conjunction with the issue of an RCTI if applicable and agreed) 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.

• If GST is payable by a supplier on any supply made under this Agreement and the supplier is registered for GST, the recipient must provide a Correctly Rendered Tax Invoice (or in conjunction with the issue of an RCTI if applicable and agreed) at the same time that the consideration for the supply is to be provided under this Agreement.

More Definitions of Correctly Rendered Tax Invoice

Correctly Rendered Tax Invoice means an invoice:

Correctly Rendered Tax Invoice means an invoice that is provided to the Customer in accordance with all the requirements of the Contract. Customer Data means all data, information and materials relating to the Customer that are created, generated, placed in, stored in, accessed or retrieved by using the Goods or receiving the Services; Goods means the goods manufactured by or on behalf of the Supplier for the Customer in accordance with the Purchase Order; Government Agency means any government or governmental, administrative, monetary, fiscal or judicial body, department, commission, authority, tribunal, agency or entity in any part of the world; GST has the meaning given in the GST Law;

Correctly Rendered Tax Invoice means a tax invoice as intended by the GST Law: