GST Statement

GST Applies to Australian Domestic Market Only.

Goods and Services Tax

For all intensive purposes the New Tax System commences on 1 July 2000. A major element of the New Tax System is the introduction of Goods and Services Tax on the supply of most goods and services consumed in Australia, along with the abolition of wholesale sales tax and an extension of the Diesel Fuel Rebates Scheme. The New Tax System will have a substantial impact on all business entities.

Nu-Lec Industries

All quotations and tenders issued by Nu-Lec Industries are priced on a GST exclusive basis. If GST becomes payable on any taxable supply, as defined in the new GST legislation, pursuant to any contract of supply for goods or services between Nu-Lec Industries and its Customers, the amount payable by the Customer will be increased by multiplying the quoted price by the GST rate. Nu-Lec Industries have applied for an Australian Business Number and GST registration under the New Tax System. Tax invoices will be supplied to all customers for taxable supplies made within Australia on or after 1 July 2000. Nu-Lec Industries is committed to complying with all aspects of the New Tax System.

Please do not hesitate to contact the following Nu-Lec Industries personnel should you have any interim queries in relation to this statement.

Distribution Equipment Products and Services : Mr Kevin Campbell
General Enquiries : Mr Chris Pittman