Common use of TAXES AND DUTIES INCURRED IN CHINA Clause in Contracts

TAXES AND DUTIES INCURRED IN CHINA. The SELLER shall bear and pay all taxes, duties stamps, dues levies and fees of whatsoever nature incurred or imposed in China in connection with the execution and/or performance of this Contract by the SELLER and its sub-contractors, and any payments to be made hereunder by the BUYER. The SELLER warrants that BUYER’s supplies for the construction or use of the VESSEL maybe imported into China without taxes, duties or restrictions, however. The Buyer’s supplies list shall be approved by the Seller before steel cutting, the amount for Buyer’s supplies to be less than 10% of contract price and in compliance with the laws of the People’s Republic of China.

TAXES AND DUTIES INCURRED IN CHINA. The SELLER shall bear and pay all taxes, duties duties, stamps, dues levies and fees of whatsoever nature incurred or imposed in China in connection with the execution and/or performance of this Contract by the SELLER and its sub-contractors, and any payments to be made hereunder by the BUYER. The SELLER warrants that BUYER’s supplies for the construction or use of the VESSEL maybe imported into China without taxes, duties or restrictions, however. , The Buyer’s supplies list shall be approved by the Seller before steel cutting, the amount for Buyer’s supplies to be less than 10% of contract price and in compliance with the laws of the People’s Republic of China.

TAXES AND DUTIES INCURRED IN CHINA. The SELLER shall bear and pay all taxes, duties duties, stamps, dues levies and fees of whatsoever nature incurred or imposed in China in connection with the execution and/or performance of this Contract by the SELLER and its sub-contractors, and any payments to be made hereunder by the BUYER. The SELLER warrants that BUYER’s supplies for the construction or use of the VESSEL maybe imported into China without taxes, duties or restrictions, however. , The Buyer’s supplies list shall be approved by the Seller before steel cutting, the amount for Buyer’s supplies to be less than 10% of contract price and in compliance with the laws of the People’s Republic of China.