QSL definition

QSL means Quebec Stevedoring Limited.

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QSL means Queensland Sugar Limited ACN 090 152 211.

QSL means each qualified prospective Institutional Customer generated by Nelnet on behalf of INFINET as defined by the following: prospective Institutional Customer has a need for the INFINET Products, has the budget approved for the INFINET Products, the key decision makers have been in contact with the Nelnet sales representative and the Nelnet Product Specialist has had at least one meeting with the Institutional Customer where they provided a demonstration of the INFINET Products and they have confirmed that the prospective Institutional Customer is a serious target account for both Nelnet and INFINET. All information including contacts, notes, background, etc., must be released to INFINET as part of the QSL process.

Examples of QSL in a sentence

• For Growers registered on a cash basis, it should be noted that attribution of GST will likely arise at the time the Cane Payables are directed to QSL, notwithstanding that the Grower will not physically receive this amount from Wilmar.

• For ease of illustration, we have used the following values (excluding GST): IPS Sugar price: $500 Deductions: $100 QSL Pool Price: $600 In the example below, the cane payment of $400 (excluding GST) (i.e. the sugar price less deductions) is redirected to QSL when a Grower nominates QSL to be its GEI marketer.

• Under the GPA, the Grower agrees to direct Wilmar to pay the Cane Payables to QSL in return for QSL making an alternative payment to the Grower based on the actual pool prices achieved.

• All of the supplies described above are consistent with the supplies that were formerly made under the previous arrangements that existed before Wilmar pulled out of its RSSA with QSL.

• As exports are GST-free, there is typically no GST applicable in respect of sugar sold by QSL.

• In such a case, the customer will pay an additional 10% to enable QSL to meet this GST liability to ATO.

• The cane payment is offset against the sugar payments of $500 (excluding GST) for Wilmar’s supply of GEI sugar to QSL.

• QSL is able to claim an input tax credit in its BAS in respect of the GST applicable to Wilmar’s supply of sugar.

• Most of the sugar that is sold by QSL to customers is sold to customers outside Australia.

• QSL will make a net payment of $100 (excluding GST) to Wilmar following the offset.