Taxable Supplies definition

Taxable Supplies has the meaning given in sections 9-5, 78-50, 84-5 and 105-5 of A New Tax System (Goods and Services Tax) ▇▇▇ ▇▇▇▇; and

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Taxable Supplies means any transaction for sale of goods or the performances of a service, for a consideration in money or money's worth;

Taxable Supplies essentially means the turnover or total sales made.

Examples of Taxable Supplies in a sentence

• Taxable Supplies by a Taxable Person in the Member State Territory.

• If any Taxable Supplies are made under this Agreement, the Crown will provide the Service Provider with a recipient created tax invoice.

• The Taxable Person may deduct from the Tax Due and Payable by him in a Member State the value of Deductible Tax borne in the same State in the course of making Taxable Supplies.

• If Input Tax is related to Goods and Services used to make Taxable Supplies and non-Taxable Supplies, then Input Tax cannot be deducted save within the limits of the proportion referable to the Taxable Supplies.

• If any Taxable Supplies are made under this Agreement, the Organisation must provide the Commonwealth with a Tax Invoice within 20 Business Days of the Taxable Supply being made.

• You must promptly inform Bupa if your supplies are not Taxable Supplies and not subject to GST.

• Any refund under clause 18.5 (c) must be inclusive of GST and must be accompanied by an Adjustment Note under the GST Act relating to Taxable Supplies for which the Organisation previously issued to AusAID a tax invoice.

• The Grants paid by AusAID under this Agreement include GST for supplies provided by the Organisation to AusAID in accordance with this Agreement and which are Taxable Supplies within the meaning of the GST Act.

• The Funds payable to You under this Agreement include an amount in respect of Your liability for GST on any Taxable Supplies under this Agreement.

• The GST applicable to any Taxable Supplies made in connection with this Agreement is payable at the same time as the Consideration for those Supplies.

More Definitions of Taxable Supplies

Taxable Supplies means any supply of goods or services made by a taxable person in the course of or in furtherance of his business after the start of the VAT and includes –

Taxable Supplies means any supply of goods or services which is chargeable with tax under s7(1)(a), including tax chargeable at a rate of zero% under s11.