Common use of Covenants of LCO Clause in Contracts

Covenants of LCO. 11.6.1 LCO to inform immediately Goods & Services Taxpayer Identification Number (“GSTIN”) if applicable. If due to non-compliance by the LCO for the provisions of GST Act and rules enacted thereunder (which inter-alia includes non-registration or providing any details of GSTIN or paying of the tax, incorrect / incomplete / non-compliance on behalf of the LCO), if MSO incurs any loss or penalty, then the LCO shall indemnify MSO and its directors, officers, employees and agents for all such loss and/or penalty levied upon MSO for such non-compliance and the cost of litigation. 11.6.2 In the event the MSO is entitled for any exemption or lower rate of tax than the one determined by the LCO, then MSO shall provide such lower tax rate certificate issued by the Revenue Authorities and accordingly LCO will deduct the tax. 11.6.3 The harmonized system of nomenclature (“HSN”) code of goods/services supplied under this MIA shall be mentioned by MSO on requisite documents. 11.6.4 In case, MSO uploads the GST details of the LCO (as provided by the LCO), and the same is disputed/or is litigated with SITI by the Tax authorities, in such a case LCO undertakes and agrees to indemnify MSO and its directors, officers, employees and agents for any tax liability and other related interest, penalties and cost of litigation etc. payable by MSO to Tax authorities / court/tribunal. Provided further that in case the input tax credit to the LCO is not allowed to the LCO due to his non- provision of the correct details to MSO, MSO shall not be responsible for such non-allowance to LCO. 11.6.5 It is further agreed that if any proceedings are initiated against any party under any law including the GST Laws, the Parties agree that it shall co-operate with the other Party and shall provide all the information as may be reasonably required for such proceedings. 11.6.6 The Parties agree that non-registration by LCO under the GST Laws or suspension or cancellation of such registration does not preclude MSO from charging the applicable GST under this MIA and the LCO shall be liable to pay such GST, regardless of its GST registration. The LCO undertakes and agrees the LCO is responsible for timely submission of GSTINs and other details as required and non-submission of GSTINs will be construed as non-registered under GST laws and the LCO shall have no claim against SITI for non-provisioning of GSTINs or late submission of GSTINs. 11.6.7 The Parties hereby further agree to execute appropriate addendum/amendments to the terms of this MIA in order to incorporate the provisions of Goods & Service Tax Act/Rules/Laws (GST Laws) (if required) in order to comply with the provisions of GST Laws.

Appears in 2 contracts

Samples: Interconnection Agreement, Interconnection Agreement

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Covenants of LCO. 11.6.1 LCO to inform immediately Goods & Services Taxpayer Identification Number (“GSTIN”) if applicable. If due to non-compliance by the LCO for the provisions of GST Act and rules enacted thereunder (which inter-alia includes non-registration or providing any details of GSTIN or paying of the tax, incorrect / incomplete / non-compliance on behalf of the LCO), if MSO incurs any loss or penalty, then the LCO shall indemnify MSO and its directors, officers, employees and agents for all such loss and/or penalty levied upon MSO for such non-compliance and the cost of litigation. 11.6.2 In the event the MSO is entitled for any exemption or lower rate of tax than the one determined by the LCO, then MSO shall provide such lower tax rate certificate issued by the Revenue Authorities and accordingly LCO will deduct the tax. 11.6.3 The harmonized system of nomenclature (“HSN”) code of goods/services supplied under this MIA shall be mentioned by MSO on requisite documents. 11.6.4 In case, MSO uploads the GST details of the LCO (as provided by the LCO), and the same is disputed/or is litigated with SITI MSO by the Tax authorities, in such a case LCO undertakes and agrees to indemnify MSO and its directors, officers, employees and agents for any tax liability and other related interest, penalties and cost of litigation etc. payable by MSO to Tax authorities / court/tribunal. Provided further that in case the input tax credit to the LCO is not allowed to the LCO due to his non- provision of the correct details to MSO, MSO shall not be responsible for such non-allowance to LCO. 11.6.5 It is further agreed that if any proceedings are initiated against any party under any law including the GST Laws, the Parties agree that it shall co-operate with the other Party and shall provide all the information as may be reasonably required for such proceedings. 11.6.6 The Parties agree that non-registration by LCO under the GST Laws or suspension or cancellation of such registration does not preclude MSO from charging the applicable GST under this MIA and the LCO shall be liable to pay such GST, regardless of its GST registration. The LCO undertakes and agrees the LCO is responsible for timely submission of GSTINs and other details as required and non-submission of GSTINs will be construed as non-registered under GST laws and the LCO shall have no claim against SITI MSO for non-provisioning of GSTINs or late submission of GSTINs. 11.6.7 The Parties hereby further agree to execute appropriate addendum/amendments to the terms of this MIA in order to incorporate the provisions of Goods & Service Tax Act/Rules/Laws (GST Laws) (if required) in order to comply with the provisions of GST Laws.

Appears in 1 contract

Samples: Interconnection Agreement

Covenants of LCO. 11.6.1 11.3.1 LCO to inform immediately Goods & Services Taxpayer Identification Number (“GSTIN”) if applicable. If due to non-non- compliance by the LCO for the provisions of GST Act and rules enacted thereunder (which inter-alia alia, includes non-registration or providing any details of GSTIN or paying of the tax, incorrect / incomplete / non-non- compliance on behalf of the LCO), if MSO GTPLKCBPL incurs any loss or penalty, then the LCO shall indemnify MSO GTPLKCBPL and its directors, officers, employees and agents for all such loss and/or penalty levied upon MSO GTPLKCBPL for such non-non- compliance and the cost of costof litigation. 11.6.2 In the event the MSO is entitled for any exemption or lower rate of tax than the one determined by the LCO, then MSO shall provide such lower tax rate certificate issued by the Revenue Authorities and accordingly LCO will deduct the tax. 11.6.3 11.3.2 The harmonized system of nomenclature (“HSN”) code of goods/services supplied under this MIA Agreement shall be mentioned by MSO on GTPLKCBPLon requisite documents. 11.6.4 11.3.3 In case, MSO GTPLKCBPL uploads the GST details of the LCO (as provided by the LCO), and the same is disputed/or is litigated with SITI by the GTPLKCBPL bythe Tax authorities, in such a case LCO undertakes and agrees to indemnify MSO and GTPLKCBPLand its directors, officers, employees and agents for agentsfor any tax liability and other related interest, penalties and cost of litigation etc. payable by MSO to GTPLKCBPLto Tax authorities / court/tribunal. . 11.3.4 Provided further that in case the input tax credit to the LCO is not allowed to the LCO due to his non- non-provision of the correct details to MSOGTPLKCBPL, MSO GTPLKCBPL shall not be responsible for such non-non- allowance to LCO. 11.6.5 11.3.5 It is further agreed that if any proceedings are initiated against any party under any law including the GST Laws, the Parties agree that it shall co-operate with the other Party and shall provide all the information as may be reasonably required reasonablyrequired for such proceedings. 11.6.6 11.3.6 The Parties agree that non-registration by LCO under the GST Laws or suspension or cancellation of such registration does not preclude MSO GTPLKCBPL from charging the applicable GST under this MIA Agreement and the LCO shall be liable to pay such GST, regardless of its GST registration. The LCO undertakes and agrees the LCO is responsible for timely submission of GSTINs and other details as required and non-non- submission of GSTINs will be construed as non-non- registered under GST laws and the LCO shall have no claim against SITI for GTPLKCBPLfor non-provisioning of GSTINs or late submission of GSTINs. 11.6.7 11.3.7 The Parties hereby further agree to execute appropriate addendum/amendments to the terms of this MIA Agreement in order to incorporate the provisions of Goods & Service Tax Act/Rules/Laws (GST Laws) (if required) in order to comply with the provisions of GSTLaws. 11.3.8 It is clearly understood and accepted by each Party that each Party shall be responsible for its respective compliances and payment of tax under GST Lawslaw and the Entertainment Tax laws and that for the services provided by the LCO to its Subscribers in theTerritory, the responsibility of compliances under GST law, Entertainment Tax Law including payment of taxes to the appropriate authority will lie on the LCO and not on GTPLKCBPL.

Appears in 1 contract

Samples: Interconnection Agreement

Covenants of LCO. 11.6.1 LCO to inform immediately Goods & Services Taxpayer Identification Number (“GSTIN”) if applicable. If due to non-compliance by the LCO for the provisions of GST Act and rules enacted thereunder (which inter-alia includes non-registration or providing any details of GSTIN or paying of the tax, incorrect / incomplete / non-compliance on behalf of the LCO), if MSO incurs any loss or penalty, then the LCO shall indemnify MSO and its directors, officers, employees and agents for all such loss and/or penalty levied upon MSO for such non-compliance and the cost of litigation. 11.6.2 In the event the MSO is entitled for any exemption or lower rate of tax than the one determined by the LCO, then MSO shall provide such lower tax rate certificate issued by the Revenue Authorities and accordingly LCO will deduct the tax. 11.6.3 The harmonized system of nomenclature (“HSN”) code of goods/services supplied under this MIA shall be mentioned by MSO on requisite documents. 11.6.4 In case, MSO uploads the GST details of the LCO (as provided by the LCO), and the same is disputed/or is litigated with SITI by the Tax authorities, in such a case LCO undertakes and agrees to indemnify MSO and its directors, officers, employees and agents for any tax liability and other related interest, penalties and cost of litigation etc. payable by MSO to Tax authorities / court/tribunal. Provided further that in case the input tax credit to the LCO is not allowed to the LCO due to his non- provision of the correct details to MSO, MSO shall not be responsible for such non-allowance to LCO. 11.6.5 It is further agreed that if any proceedings are initiated against any party under any law including the GST Laws, the Parties agree that it shall co-operate with the other Party and shall provide all the information as may be reasonably required for such proceedings. 11.6.6 The Parties agree that non-registration by LCO under the GST Laws or suspension or cancellation of such registration does not preclude MSO from charging the applicable GST under this MIA and the LCO shall be liable to pay such GST, regardless of its GST registration. The LCO undertakes and agrees the LCO is responsible for timely submission of GSTINs and other details as required and non-non- submission of GSTINs will be construed as non-registered under GST laws and the LCO shall have no claim against SITI for non-provisioning of GSTINs or late submission of GSTINs. 11.6.7 The Parties hereby further agree to execute appropriate addendum/amendments to the terms of this MIA in order to incorporate the provisions of Goods & Service Tax Act/Rules/Laws (GST Laws) (if required) in order to comply with the provisions of GST Laws.

Appears in 1 contract

Samples: Interconnection Agreement

Covenants of LCO. 11.6.1 LCO to inform immediately Goods & Services Taxpayer Identification Number (“GSTIN”) if applicable. If due to non-compliance by the LCO for the provisions of GST Act and rules enacted thereunder (which inter-alia includes non-registration or providing any details of GSTIN or paying of the tax, incorrect / incomplete / non-compliance on behalf of the LCO), if MSO incurs any loss or penalty, then the LCO shall indemnify MSO and its directors, officers, employees and agents for all such loss and/or penalty levied upon MSO for such non-compliance and the cost of litigation. 11.6.2 In the event the MSO is entitled for any exemption or lower rate of tax than the one determined by the LCO, then MSO shall provide such lower tax rate certificate issued by the Revenue Authorities and accordingly LCO will deduct the tax. 11.6.3 The harmonized system of nomenclature (“HSN”) code of goods/services supplied under this MIA shall be mentioned by MSO on requisite documents. 11.6.4 In case, MSO uploads the GST details of the LCO (as provided by the LCO), and the same is disputed/or is litigated with SITI ANI Data Services by the Tax authorities, in such a case LCO undertakes and agrees to indemnify MSO and its directors, officers, employees and agents for any tax liability and other related interest, penalties and cost of litigation etc. payable by MSO to Tax authorities / court/tribunal. Provided further that in case the input tax credit to the LCO is not allowed to the LCO due to his non- provision of the correct details to MSO, MSO shall not be responsible for such non-allowance to LCO. 11.6.5 It is further agreed that if any proceedings are initiated against any party under any law including the GST Laws, the Parties agree that it shall co-operate with the other Party and shall provide all the information as may be reasonably required for such proceedings. 11.6.6 The Parties agree that non-registration by LCO under the GST Laws or suspension or cancellation of such registration does not preclude MSO from charging the applicable GST under this MIA and the LCO shall be liable to pay such GST, regardless of its GST registration. The LCO undertakes and agrees the LCO is responsible for timely submission of GSTINs and other details as required and non-submission of GSTINs will be construed as non-registered under GST laws and the LCO shall have no claim against SITI ANI Data Services for non-provisioning of GSTINs or late submission of GSTINs. 11.6.7 The Parties hereby further agree to execute appropriate addendum/amendments to the terms of this MIA in order to incorporate the provisions of Goods & Service Tax Act/Rules/Laws (GST Laws) (if required) in order to comply with the provisions of GST Laws.

Appears in 1 contract

Samples: Interconnection Agreement

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Covenants of LCO. 11.6.1 LCO to inform immediately Goods & Services Taxpayer Identification Number (“GSTIN”) if applicable. If due to non-compliance by the LCO for the provisions of GST Act and rules enacted thereunder (which inter-alia includes non-registration or providing any details of GSTIN or paying of the tax, incorrect / incorrect/ incomplete / non-compliance on behalf of the LCO), if MSO incurs any loss or penalty, then the LCO shall indemnify MSO and its directors, officers, employees and agents for all such loss and/or penalty levied upon MSO for such non-compliance and the cost of litigation. 11.6.2 In the event the MSO is entitled for any exemption or lower rate of tax than the one determined by the LCO, then MSO shall provide such lower tax rate certificate issued by the Revenue Authorities and accordingly LCO will deduct the tax. 11.6.3 The harmonized system of nomenclature (“HSN”) code of goods/services supplied under this MIA shall be mentioned by MSO on requisite documents. 11.6.4 In case, MSO uploads the GST details of the LCO (as provided by the LCO), and the same is disputed/or is litigated with SITI SKYNET by the Tax authorities, in such a case LCO undertakes and agrees to indemnify MSO and its directors, officers, employees and agents for any tax liability and other related interest, penalties and cost of litigation etc. payable by MSO to Tax authorities / court/tribunal. Provided further that in case the input tax credit to the LCO is not allowed to the LCO due to his non- provision of the correct details to MSO, MSO shall not be responsible for such non-allowance to LCO. 11.6.5 It is further agreed that if any proceedings are initiated against any party under any law including the GST Laws, the Parties agree that it shall co-operate with the other Party and shall provide all the information as may be reasonably required for such proceedings. 11.6.6 The Parties agree that non-registration by LCO under the GST Laws or suspension or cancellation of such registration does not preclude MSO from charging the applicable GST under this MIA and the LCO shall be liable to pay such GST, regardless of its GST registration. The LCO undertakes and agrees the LCO is responsible for timely submission of GSTINs and other details as required and non-non- submission of GSTINs will be construed as non-registered under GST laws and the LCO shall have no claim against SITI SKYNET for non-provisioning of GSTINs or late submission of GSTINs. 11.6.7 The Parties hereby further agree to execute appropriate addendum/amendments to the terms of this MIA in order to incorporate the provisions of Goods & Service Tax Act/Rules/Laws (GST Laws) (if required) in order to comply with the provisions of GST Laws.

Appears in 1 contract

Samples: Interconnection Agreement

Covenants of LCO. 11.6.1 LCO to inform immediately Goods & Services Taxpayer Identification Number (“GSTIN”) if applicable. If due to non-compliance by the LCO for the provisions of GST Act and rules enacted thereunder (which inter-alia includes non-registration or providing any details of GSTIN or paying of the tax, incorrect / incomplete / non-compliance on behalf of the LCO), if MSO incurs any loss or penalty, then the LCO shall indemnify MSO and its directors, officers, employees and agents for all such loss and/or penalty levied upon MSO for such non-compliance and the cost of litigation. 11.6.2 In the event the MSO is entitled for any exemption or lower rate of tax than the one determined by the LCO, then MSO shall provide such lower tax rate certificate issued by the Revenue Authorities and accordingly LCO will deduct the tax. 11.6.3 The harmonized system of nomenclature (“HSN”) code of goods/services supplied under this MIA shall be mentioned by MSO on requisite documents. 11.6.4 In case, MSO uploads the GST details of the LCO (as provided by the LCO), and the same is disputed/or is litigated with SITI MRMPL by the Tax authorities, in such a case LCO undertakes and agrees to indemnify MSO and its directors, officers, employees and agents for any tax liability and other related interest, penalties and cost of litigation etc. payable by MSO to Tax authorities / court/tribunal. Provided further that in case the input tax credit to the LCO is not allowed to the LCO due to his non- provision of the correct details to MSO, MSO shall not be responsible for such non-allowance to LCO. 11.6.5 It is further agreed that if any proceedings are initiated against any party under any law including the GST Laws, the Parties agree that it shall co-operate with the other Party and shall provide all the information as may be reasonably required for such proceedings. 11.6.6 The Parties agree that non-registration by LCO under the GST Laws or suspension or cancellation of such registration does not preclude MSO from charging the applicable GST under this MIA and the LCO shall be liable to pay such GST, regardless of its GST registration. The LCO undertakes and agrees the LCO is responsible for timely submission of GSTINs and other details as required and non-submission of GSTINs will be construed as non-registered under GST laws and the LCO shall have no claim against SITI MRMPL for non-provisioning of GSTINs or late submission of GSTINs. 11.6.7 The Parties hereby further agree to execute appropriate addendum/amendments to the terms of this MIA in order to incorporate the provisions of Goods & Service Tax Act/Rules/Laws (GST Laws) (if required) in order to comply with the provisions of GST Laws.

Appears in 1 contract

Samples: Interconnection Agreement

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