Examples of Goods and Services Tax in a sentence
If a party makes a 'taxable supply' (as that term is defined in the A New Tax System (Goods and Services Tax) Act 1999 (Cth) as varied from time to time) under or in connection with the Agreement, the other party must pay to the supplying party at the same time, and in addition to the GST-exclusive consideration, an amount equal to the GST payable on that supply.
If any GST (as defined in A New Tax System (Goods and Services Tax) Act 1999 (Cth)) is payable on any taxable supply made to Buyer by Seller under this Order, Buyer must pay the GST to Seller at the time of, and in the same manner as, making payment of any monetary consideration on which the GST is calculated.
The Purchase Price excludes Goods and Services Tax (GST), and any other duty, tax or charge that is payable in respect of the Supply.
In this clause, expressions defined in the A New Tax System (Goods and Services Tax) 1999 (Cth) have the meaning given to them in that Act.
Arising from changes to the Goods and Services Tax Act, Singtel is required to amend the above to refer to Goods and Services Tax Act 1993.