GST Amount definition

GST Amount means in relation to a Taxable Supply the amount of GST payable in respect of the Taxable Supply.
GST Amount means any Payment (or the relevant part of that Payment) multiplied by the appropriate rate of GST.
GST Amount means an amount equal to any GST for which an Invoicing Party is liable in respect of an Invoiced Party pursuant to this Operating Code.

Examples of GST Amount in a sentence

  • As per the GST Act, the bid and contract must show the GST Tax Rates (and GST Cess if applicable) and GST Amount explicitly and separate from the bid/ contract price (exclusive of GST).

  • The GST Amount is payable by the Customer in addition to and at the same time as any consideration for the supply.

  • Tenderers are requested to quote Base Rate and GST Amount separately for each item as specified in the portal.

  • GST Amount means in relation to a Taxable Supply the amount of GST payable in respect of that Taxable Supply.

  • The amount of any indemnity payable under clause105.1 or 105.2 will include an additional amount ( GST Amount) equal to any GST payable by the officer being indemnified (Indemnified Officer) in connection with the indemnity (less the amount of any input tax credit claimable by the Indemnified Officer in connection with the indemnity).


More Definitions of GST Amount

GST Amount means the GST payable in respect of a taxable supply under the Service Agreement, calculated at the rate of GST applicable at the time (10% as at the date of the Service Agreement);
GST Amount means any Payment (or the relevant part of that Payment) multiplied by the appropriate rate of GST (currently 10%) together with any related interest, penalties, fines or other charge.
GST Amount means the amount calculated by multiplying the monetary consideration payable by the recipient (excluding the amount payable as GST) for the relevant taxable supply by the prevailing GST rate.
GST Amount has the meaning given in clause 24.2(c).
GST Amount means the amount of GST payable in respect of any taxable supply under the Contract, calculated at the rate of GST applicable at the time;
GST Amount means the amount of any GST payable on a Finance Supply; and
GST Amount means, in relation to a Payment, an amount arrived at by multiplying the Payment (or the relevant part of a Payment if only part of a Payment is the consideration for a Taxable Supply) by the appropriate rate of GST (being 10% when the GST Law commenced) or any lower rate notified from time to time by the person making the relevant Supply;