Common use of Allottees to Mutate and Pay Rates & Taxes Clause in Contracts

Allottees to Mutate and Pay Rates & Taxes. The Allottees shall (1) pay the Khazna and Statutory Tax, Municipal Taxes/Panchayat Taxes, surcharge, levies, cess etc. (collectively “Rates & Taxes”)(proportionately for the Said Block/Building and/or the Said Complex and wholly for the Said Apartment And Appurtenances and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottees, on the basis of the bills to be raised by the Owners/Promoters/the Association (upon formation)/the Apex Body (upon formation), such bills being conclusive proof of the liability of the Allottees in respect thereof and (2) have mutation completed at the earliest. The Allottees further admits and accepts that the Allottees shall not claim any deduction or abatement in the bills of the Owners/Promoters/the Facility Manager or the Association (upon formation)/the Apex Body (upon formation).

Allottees to Mutate and Pay Rates & Taxes. The Allottees shall (1) pay the Khazna and Statutory Tax, Municipal Taxes/Panchayat Taxes, surcharge, levies, cess cess, lease premium, rent etc. (collectively “Rates & Taxes”)(proportionately for the Said Block/Building and/or the Said Complex and wholly for the Said Apartment And Appurtenances and until the Said Apartment And Appurtenances is separately mutated and assessed in favour of the Allottees, on the basis of the bills to be raised by the Owners/PromotersPromoter/the Association (upon formation)/the Apex Body (upon formation), such bills being conclusive proof of the liability of the Allottees in respect thereof and (2) have mutation completed at the earliest. The Allottees further admits and accepts that the Allottees shall not claim any deduction or abatement in the bills of the Owners/PromotersPromoter/the Facility Manager or the Association (upon formation)/the Apex Body (upon formation).