STATUTORY LEVIES Sample Clauses

STATUTORY LEVIES i. The Cost of Construction and other charges as mentioned above includes taxes as applicable as on (date as mentioned in Clause J), and taxes by way of Goods and Services Tax (GST) or other taxes, duties, cesses, levies, charges which are leviable or becomes leviable under the provisions of the relevant laws or any amendments thereto pertaining or relating to the sale of Said Apartment. ii. Any additional taxes levied after the date of this Agreement shall be paid by the Allottee upon the demand made by the Promoter within 30 (Thirty) working days, and the Allottee shall indemnify and keep indemnified the Promoter from and against the same. iii. Provided that in case there is any change / modification in the taxes after the date mentioned in Clause J, the subsequent amount payable by the Allottee to the Promoter shall be increased/reduced based on such change / modification: iv. Provided further that if there is any increase in the taxes after the expiry of the scheduled date of completion of the Project as per registration with the Authority, which shall include the extension of registration, if any, granted to the Project by the Authority, as per the Act, the same shall not be charged to the Allottee;

STATUTORY LEVIES a. The Consideration above includes Taxes (consisting of tax paid or payable by the Promoter by way of Goods Service Tax (GST), cess, levies, duties etc. by whatsoever name called or any other similar taxes, which may be levied, in connection with the sale and transfer of the said Plot by the Promoter to the Allottee as envisaged in this Agreement, (but shall exclude all such levies that may be applicable on the development/construction of the said Plot in the Project which shall be recoverable by the Promoter from the Allottee) up to the date of handing over the possession of the Plot; b. Provided that in case there is any change / modification in the existing taxes and/or any other new Taxes become applicable on this Agreement after the execution of these presents, the subsequent amount payable by the Allottee/s to the Promoter shall be increased/reduced based on such change/ modification. x. Xx the above case, the Promoter shall periodically intimate to the Allottee/s, the amount payable as stated in (2.3)(i) and (ii) above and the Allottee/s shall make payment within 30 days from the date of such written intimation. d. The Allottee/s shall also be liable to pay interest/penalty/loss incurred to the Promoter on account of the Allottee/s’s failure and/or delay to pay the such other levies, statutory charges etc., within 30 (thirty) days of being called upon to do so by Promoter. e. The Allottee/s hereby agrees that the Allottee/s shall be liable to pay any taxes, levies, statutory charges imposed by Appropriate Authorities applicable to the transfer and sale of said Plot with retrospective effect, and if any recovery proceedings in consequence thereof are initiated. x. Xx is further agreed by the Allottee/s that the Allottee/s shall before obtaining the possession of the said Plot pay to the Promoter in full all the requisite statutory dues and any other tax (if applicable) for construction / sale of the Plot. g. From the date of notice in writing being given by the Promoter to the Allottee/s that the Schedule B Property is ready for possession, the Allottee/s shall be liable to bear and pay local taxes, cess, betterment charges or such other levies charged by the concerned local authority and/or Government.

STATUTORY LEVIES. 1. The Cost of Construction as mentioned above includes taxes as applicable as on (date as mentioned in Clause J), and taxes by way of Goods and Services Tax (GST) or other taxes, duties, cesses, levies, charges which are leviable or becomes leviable under the provisions of the relevant laws or any amendments thereto pertaining or relating to the sale of Said Apartment. 2. Any additional taxes levied after the date of this Agreement shall be paid by the Allottee upon the demand made by the Promoter within 30 (Thirty) working days, and the Allottee shall indemnify and keep indemnified the Promoter from and against the same. 3. Provided that in case there is any change / modification in the taxes after the date of Application as mentioned in Recital J, the subsequent amount payable by the Allottee to the Promoter shall be increased/reduced based on such change / modification: 4. Provided further that if there is any increase in the taxes after the expiry of the scheduled date of completion of the Project as per registration with the Authority, which shall include the extension of registration, if any, granted to the Project by the Authority, as per the Act, the same shall not be charged to the Allottee;

STATUTORY LEVIES. The rates as offered and accepted in this contract are inclusive of all taxes and statutory levies such as income Tax, Octroi/terminal tax, Sales tax/turn-over tax, royalty contribution under Employee's State-Insurance and local taxes payable under there respective statutes (ESI contribution etc.)

STATUTORY LEVIES. A. The Contractor accepts full and exclusive liability for the payment of any and all taxes, duties, cess, levies and statutory payments payable under all or any of the statutes. Variations of taxes and duties arising out of the amendments to the Central / State enactments, in respect of sale of goods / services covered under this bid shall be to AGL’s account, so long as: • They relate to the period after the opening of the price bid, but before the contracted completion period ( excluding permitted extensions due to delay on account of the contractors, if any) or the actual completion period, whichever is earlier; and • The vendor furnishes documentary evidence of incurrence of such variations, in addition to the invoices/documents for claiming Input Tax credit, wherever applicable. B. The rates quoted should be inclusive of all taxes. Xxxxx er, wherever the tax is to be deducted at source, the same will be deducted from the bills of the Contractor and paid to the concerned authorities. The proof of such payments of tax will be furnished to the contractor. The Vendor shall comply with all the provisions of the GST Act / Rules / requirements like providing of tax invoices, payment of taxes to the authorities within the due dates, filing of returns within the due dates etc. to enable AGL to take Input Tax Credit. In case of imports, vendor shall provide import documents and invoice fulfilling the requirement of Customs Act and Rules. Vendor will be fully responsible for complying with the Customs provisions to enable AGL to take input Tax Credit. In case, AGL is not able to take Input Tax Credit due to any noncompliance/default/negligence of the seller of goods I service provider, the same shall be recovered from the pending bills/dues (including security deposit, BG etc.). Vendor shall be responsible to indemnify the AGL for any loss, direct or implied, accrued to the AGL on account of supplier/service provider failure to discharge his statutory liabilities like paying taxes on time, filing appropriate returns within the prescribed time etc.

STATUTORY LEVIES. 7.d.1 The Contractor accepts full and exclusive liability for the payment of any and all taxes, duties, cess, levies and statutory payments payable under all or any of the statutes etc. Variations of taxes and duties arising out of the amendments to the Central / State enactments, in respect of sale of goods / services covered under this bid shall be to HPCL’s account, so long as : They relate to the period after the opening of the price bid, but before the contracted completion period ( excluding permitted extensions due to delay on account of the contractors, if any) or the actual completion period, whichever is earlier; and The vendor furnishes documentary evidence of incurrence of such variations, in addition to the invoices/documents for claiming Cenvat /Input Tax credit, wherever applicable. All contributions and taxes for unemployment compensation, insurance and old age pensions or annuities now or hereafter imposed by Central or State Governmental authorities which are imposed with respect to or covered by the wages, salaries or other compensations paid to the persons employed by the Contractor and the Contractor shall be responsible for the compliance with all obligations and restrictions imposed by the Labour Law or any other law affecting employer-employee relationship and the Contractor further agrees to comply and to secure the compliance of all sub-contractors with all applicable Central, State, Municipal and local laws, and regulations and requirements of any Central, State or Local Government agency or authority. Contractor further agrees to defend, indemnify and hold harmless from any liability or penalty which may be imposed by the Central, State or Local authorities by reason of any violation by Contractor or sub-contractor of such laws, regulations or requirements and also from all claims, suits or proceedings that may be brought against the Owner arising under, growing out of, or by reasons of the work provided for by this contract by third parties, or by Central or State Government authority or any administrative sub-division thereof. The Contractor further agrees that in case any such demand is raised against the Owner, and Owner has no way but to pay and pays/makes payment of the same, the Owner shall have the right to deduct the same from the amounts due and payable to the Contractor. The Contractor shall not raise any demand or dispute in respect of the same but may have recourse to recover/receive from the concerned authorities o...

STATUTORY LEVIES. 3.1.1 Price is inclusive of GST @18%. While claiming GST, supplier shall submit a certificate as per format in section – D. 3.1.2 The purchaser shall not be liable to pay any increase in GST or any other statutory levies that might come into force after expiry of contractual delivery period if the delivery is delayed beyond the contractual delivery period, due to the reasons not attributable to the Purchaser. 3.1.3 Considering the Anti-profiteering measures provided in relevant provision of CGST Act and SGST Act, it is obligatory for the Supplier/ Contractor to pass on the benefit of additional input tax credits / lower output tax in GST regime to the purchaser by way of Price Reduction. The Supplier / Contractor shall submit a certificate as per format Section – ‘C’ along with their invoice. 3.1.4 Contractor’s GST No. 00XXXXX0000X0XX

STATUTORY LEVIES i. The Cost of Construction and other charges as mentioned above includes taxes as applicable as on (date as mentioned in Clause J), and taxes by way of Goods and Services Tax (GST) or other taxes, duties, cesses, levies, charges which are leviable or becomes leviable under the provisions of the relevant laws or any ii. Any additional taxes levied after the date of this Agreement shall be paid by the Allottee/s upon the demand made by the Promoter within 30 (Thirty) working days, and the Allottee/s shall indemnify and keep indemnified the Promoter from and against the same. iii. Provided that in case there is any change / modification in the taxes after the date mentioned in Clause J, the subsequent amount payable by the Allottee/s to the Promoter shall be increased/reduced based on such change / modification: iv. Provided further that if there is any increase in the taxes after the expiry of the scheduled date of completion of the Project as per registration with the Authority, which shall include the extension of registration, if any, granted to the Project by the Authority, as per the Act, the same shall not be charged to the Allottee/s;

STATUTORY LEVIES i. The Promoter represents that since the construction of the said Building EDINA is already complete, no taxes are further payable by way of Goods Service Tax (GST). ii. Provided that in case there is any change / modification in the existing taxes and/or any other new Taxes become retrospectively applicable on this Agreement after the execution of these presents, the Promoter reserves the right to raise a demand on the Allottee on such additional tax/cess even after handing over of possession of the said Apartment to the Allottee. iii. The Allottee shall also be liable to pay interest/penalty/loss incurred to the Promoter on account of the Allottee’s failure and/or delay to pay the such other levies, statutory charges etc., within 30 (thirty) days of being called upon to do so by Promoter. iv. The Allottee hereby agrees that the Allottee shall be liable to pay any taxes, levies, statutory charges imposed by Appropriate Authorities applicable to the transfer and sale of said Apartment with retrospective effect, and if any recovery proceedings in consequence thereof are initiated.

STATUTORY LEVIES. The Contractor accepts full and exclusive liability for the payment of any and all taxes, duties, octroi, rates, cess, levies and statutory payments payable under all or any of the statutes etc. Variations of taxes and duties arising out of the amendments to the Central / State enactments, in respect of sale of goods / services covered under this bid shall be to HPCL’s account, so long as : employed by the Contractor and the Contractor shall be responsible for the compliance with all obligations and restrictions imposed by the Labour Law or any other law affecting employer-employee relationship and the Contractor further agrees to comply and to secure the compliance of all sub-contractors with all applicable Central, State, Municipal and local laws, and regulations and requirements of any Central, State or Local Government agency or authority. Contractor further agrees to defend, indemnify and hold harmless from any liability or penalty which may be imposed by the Central, State or Local authorities by reason of any violation by Contractor or sub-contractor of such laws, regulations or requirements and also from all claims, suits or proceedings that may be brought against the Owner arising under, growing out of, or by reasons of the work provided for by this contract by third parties, or by Central or State Government authority or any administrative sub- division thereof. The Contractor further agrees that in case any such demand is raised against the Owner, and Owner has no way but to pay and pays/makes payment of the same, the Owner shall have the right to deduct the same from the amounts due and payable to the Contractor. The Contractor shall not raise any demand or dispute in respect of the same but may have recourse to recover/receive from the concerned authorities on the basis of the Certificate of the Owner issued in that behalf.