Obligations relating to Taxes Sample Clauses

Obligations relating to Taxes. The Supplier shall pay, at all times during the subsistence of this Agreement, all taxes, levies, duties, cesses and all other statutory charges payable in respect of the Power Station. Provided, however, that all payments made by the Supplier with respect to service tax, value added tax, general sales tax or electricity duty, if any, levied on or in respect of the supply of electricity to the Utility under this Agreement shall be reimbursed by the Utility upon receipt of particulars thereof.
AutoNDA by SimpleDocs
Obligations relating to Taxes. The Concessionaire shall pay, at all times during the subsistence of this Agreement, all Taxes, fees, levies, duties, cesses and all other statutory charges payable in respect of the Resort and Project Infrastructure. Provided, however, that all payments made by the Concessionaire with respect to GST levied on or in respect of any services provided by the Concessionaire to the Authority for and in respect of the Resort and the Project Infrastructure shall be paid by the Authority upon receipt of particulars thereof.
Obligations relating to Taxes. The Concessionaire shall pay, at all times during the subsistence of this Agreement, all Taxes, levies, duties, cesses and all other statutory charges payable in respect of the District Hospital and the Medical College. Provided, however, that all payments made by the Concessionaire with respect to GST levied on or in respect of any services provided by the Concessionaire to the Authority for and in respect of the District Hospital shall be paid by the Authority upon receipt of particulars thereof.
Obligations relating to Taxes. The Aggregator shall pay, at all times during the subsistence of this Agreement, all taxes, levies, duties, cesses and all other statutory charges payable in respect of the supply of electricity under this Agreement.
Obligations relating to Taxes. The Concessionaire shall pay, at all times during the subsistence of this Agreement, all taxes, levies, duties, cesses and all other statutory charges payable in respect of the Project Facility and Associated Infrastructure.
Obligations relating to Taxes. 5.6.1. It shall be the joint obligation of the Mine Operator and Authority to comply with all necessary Tax related statutory compliances, including but not limited to the payment of GST at the rates prescribed under the Applicable Laws, in relation to the Agreement. In this regard the Mine Operator will cooperate with the Authority for all statutory compliances. 5.6.2. The Authority shall, upon receiving the GST invoice or debit note (as applicable under the GST Laws) and other supporting documents in relation to the revenue share of Mine Operator (inclusive of GST), remit the revenue share of Mine Operator to the Mine Operator along with the amount of GST indicated in GST invoice, in reference to Article 28 and 29. The Mine Operator shall issue a GST credit note within the time limit as prescribed under the GST Laws. The Authority shall, upon receiving the credit note adjust the basic amount and taxes thereon while making remittance towards the GST invoice raised/issued by the Mine Operator. 5.6.3. In case of any loss of input tax credit or any other benefit or incidence of interest or penalty suffered by the Authority in relation to GST due to any non-compliance by the Mine Operator of the Applicable Laws (including but not limited to the Mine Operator’s failure to upload details of sale on the GSTN portal, failure to issue GST compliant document(s) within the prescribed time frame or furnishing incorrect or incomplete documents with the relevant Government Instrumentality), the Authority shall have the right to: (a) be compensated by the Mine Operator for such amount of loss or penalty suffered by the Authority, or (b) set-off such loss or penalty against any next amounts payable by the Authority to the Mine Operator under the Agreement. For the avoidance of doubt, it is hereby clarified that any loss of input tax credit or any other benefit or incidence of interest or penalty shall be recovered/adjusted from next Monthly Invoice or against the Performance Security, as the case may be, at the discretion of the Authority and in case award/loss amount is greater than value of Monthly Invoice or the Performance Security, as the case may be, the Mine Operator shall pay such differential amount to the Authority within 30 (thirty) days from the date of demand raised by the Authority. In addition, any delay in uploading the details of sale on the GSTN portal by the Mine Operator resulting in deferment of input tax credit in accordance with the GST Laws, shall...
Obligations relating to Taxes. The Mine Developer and Operator shall pay, at all times during the subsistence of this Agreement, all Taxes, and duties excluding statutory fee, royalty, District Mineral Foundation (DMF) Fund, National Mineral Exploration Trust (NMET) Fund & GST Compensation Cess. MDO shall directly claim to respective Government tax authority for the Input Tax Credit of GST towards the tax paid by the MDO. Further MDO shall also assist TANGEDCO in claiming TANGEDCO’s Input Tax Credit (ITC) and other eligible set-offs.
AutoNDA by SimpleDocs
Obligations relating to Taxes. The Service Provider shall pay, at all times during the subsistence of this Agreement, all Taxes, levies, charges, fees, impositions and / or duties (whether Central, State or local) on the goods, materials, equipment and services incorporated in and forming part of the Specialized Wagons and / or the Project charged, levied or imposed by any Government Instrumentality, as may be applicable, from time to time.
Obligations relating to Taxes. The Concessionaire shall pay, at all times during the subsistence of this Agreement, all taxes, levies, duties, cess and all other statutory charges payable in respect of the Renewable Energy Project Facilities, except royalty charges payable to the irrigation department (which shall be borne by NMMC).
Obligations relating to Taxes. ‌ The Mine Operator shall pay, at all times during the subsistence of this Agreement, all Taxes, levies, duties, royalties, cesses and all other statutory charges payable in respect of excavation and Delivery thereof. Provided however, that all payments made by the Mine Operator with respect to such Taxes, levies, duties, royalties, cesses and other statutory charges shall be reimbursed, as applicable, by the Authority upon receipt of particulars thereof.
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!