(a) The Seller elects and the Buyer acknowledges that any GST payable on the supply of the Property to the Buyer under the terms of this Contract is to be calculated pursuant to Division 75 (“the Margin Scheme”) of the New Tax System (Goods and Services) Tax Act (“the Act”). (b) The parties acknowledge that […]
Read More… from Vendor to elect margin scheme and GST payable by Seller/Buyer
(a) The parties acknowledge and agree that the purchase price is exclusive of goods and services tax (GST) payable in respect of the supply of the property to the Buyer. (b) The Buyer shall pay to the Seller upon completion all GST in respect of the supply of the property to the Buyer. (c) The […]
Read More… from GST exclusive purchase price – Buyer pays GST
(a) The parties acknowledge and agree that the purchase price is exclusive of goods and services tax (GST) payable in respect of the supply of the property to the Buyer. (b) The Seller shall pay the GST in respect of the supply of the property to the Buyer when the same is due. (c) The […]
Read More… from GST exclusive purchase price – Seller pays GST
(a) The parties acknowledge and agree that the purchase price is inclusive of goods and services tax (GST) payable in respect of the supply of the property to the Buyer. (b) The Buyer shall pay to the Seller upon completion all GST in respect of the supply of the property to the Buyer. (c) The […]
Read More… from GST inclusive purchase price – Buyer pays GST
(a) The parties acknowledge and agree that the purchase price is inclusive of goods and services tax (GST) payable in respect of the supply of the property to the Buyer. (b) The Seller shall pay the GST in respect of the supply of the property to the Buyer when the same is due. (c) The […]
Read More… from GST inclusive purchase price – Seller pays GST
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