Cancelation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking amount paid for the allotment. It is clarified that all amounts collected as GST and deposited with the appropriate authorities concerned shall not be returned by the Promoter and the Allottee shall be free to approach the authorities concerned for refund of such GST.
Appears in 4 contracts
Samples: Agreement for Sale, Agreement for Sale, Agreement for Sale
Cancelation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project Project without any fault of the promoterPromoter, the promoter Promoter herein is entitled to forfeit the booking amount paid for the allotment. It is clarified that all amounts collected as GST and deposited with The balance amount of money paid by the appropriate authorities concerned Allottee shall not be returned by the Promoter and to the Allottee shall be free to approach the authorities concerned for refund within 45 (forty- five) days of such GSTcancellation.
Appears in 4 contracts
Samples: Agreement for Sale, Agreement for Sale, Greement for Sale
Cancelation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where thatwhere the Allottee proposes to cancel/withdraw from the project Project without any fault of the promoterPromoter, the promoter herein is entitled to forfeit 10% (ten percent) of the booking Total Price . The balance amount of money paid for by the allotment. It is clarified that all amounts collected as GST Allottee (other than Taxes paid by the Allottee and/or stamp duty and deposited with registration charges incurred by the appropriate authorities concerned Allottee) shall not be returned by the Promoter and to the Allottee shall be free to approach the authorities concerned for refund within 45 (forty-five) days of such GSTcancellation save and except with proper legal recourse.
Appears in 2 contracts
Samples: Agreement for Transfer, Agreement for Transfer
Cancelation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project Project without any fault of the promoterPromoter, the promoter Promoter herein is entitled to forfeit the booking amount paid for the allotment. It is clarified that all amounts collected as GST and deposited with The balance amount of money paid by the appropriate authorities concerned Allottee shall not be returned by the Promoter and to the Allottee shall be free to approach the authorities concerned for refund within 45 (forty-five) days of such GSTcancellation.
Appears in 2 contracts
Samples: Greement for Sale, A Greement for Sale
Cancelation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee proposes to cancel/withdraw from the project Project without any fault of the promoterOwner, Xxxxxxxx & the Promoter, the promoter herein Promoter/ Xxxxxxxx is entitled to forfeit the booking amount paid for the allotment. It is clarified that all amounts collected as GST and deposited with The balance amount of money paid by the appropriate authorities concerned Allottee shall not be returned by the Promoter and Promoter/ Xxxxxxxx to the Allottee shall be free to approach the authorities concerned for refund within 45 (forty-five) days of such GSTcancellation.
Appears in 1 contract
Samples: Agreement for Sale
Cancelation by Allottee. The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: The Allottee shall have the right to cancel/withdraw his allotment in the Project as provided in the Act: Provided that where the Allottee allottee proposes to cancel/withdraw from the project without any fault of the promoter, the promoter herein is entitled to forfeit the booking amount paid for the allotment. It is clarified that all amounts collected as GST and deposited with The balance amount of money paid by the appropriate authorities concerned allottee shall not be returned by the Promoter and promoter to the Allottee shall be free to approach the authorities concerned for refund allottee within 45 days of such GSTcancellation.
Appears in 1 contract
Samples: Draft Format