GOODS AND SERVICES TAX-RECIPIENT CREATED TAX INVOICE “RCTI AGREEMENT"

In consideration of the supplier agreeing to make supplies to the recipient and the recipient agreeing to
receive such supplies from the supplier on or after 1st Jul 2000 “the supplies, the parties agree as follows:

1. The recipient can issue tax invoices in respect of the supplies.
2. The supplier will not issue tax invoices in respect of the supplies.
3. The supplier acknowledges that it is registered for GST when it enters into this agreement. The supplier
will notify the recipient if it ceases to be registered.
4. The recipient acknowledges that it is registered for GST when it enters into this agreement and it will
notify the supplier if it ceases to be registered or if it ceases to satisfy any of the requirements of GST
ruling 1999/D

I/We, have read, understood, and hereby agree to be bound by the terms and conditions specified above.