Common use of Taxes and Other Statutory Dues Clause in Contracts

Taxes and Other Statutory Dues. 8.1 GST and Advertisement Tax, as applicable from time to time, shall also be borne by Licensee, in addition to the license fee. 8.2 The property tax applicable, if any, on the property of DMRC shall be borne by Licensee. 8.3 At present, DMRC is not liable to share its revenue generated from advertisements inside DMRC Metro stations with local bodies. However, if DMRC becomes liable to share revenue with local bodies from advertisements outside/Inside Selected Metro Stations in Phase-III in future, then DMRC shall deposit the due share to local bodies out of its own funds. Further, share of revenue from outdoor Branding, if any, with local bodies shall be deposited by DMRC out of its own funds. Licensee shall not be liable to part with any additional revenue on this account. In this regard, the following may be noted: a. DMRC assumes that the value of outside advertisement is 30% of total quote of the bid for the stations which have only outdoor inventory of 100 sqm with no indoor advertisement inventory. The sharing with MCD if needed would be done from this value. b. DMRC assumes that the value of outside advertisement is maximum 15% of total quote of the bid for the stations which have both outdoor and indoor inventory (250 sqm or 10 sqm). The sharing with MCD if needed, would be done out of this value. c. In case of stations which are having a reduced/limited scope/area for outdoor advertisement only, it is assumed by DMRC that the value of outdoor advertisement at this station is maximum 15% of the total quote of the bid for the said station. 8.4 All other statutory taxes, statutory dues, local levies, as applicable (other than, mentioned above in clause 8.3) shall be charged extra and will have to be remitted along with the License Fees for onward remittance to the Government. The Licensee shall indemnify DMRC from any claims that may arise from the statutory authorities in connection with this License. 8.5 Payment of stamp duty on agreement, if any, to be executed in pursuance of this contract will be borne by Licensee. 8.6 The selected bidder will of ask for any claim or compensation from DMRC. If advertisement are not permitted due to local laws/civil authorities. The maintenance of all advertisement inserts will be borne by the selected bidders.

Taxes and Other Statutory Dues. 8.1 GST and Advertisement Tax, as applicable from time to time, shall also be borne by Licensee, in addition to the license fee. 8.2 The property tax applicable, if any, on the property of DMRC shall be borne by LicenseeDMRC. 8.3 At present, DMRC is not liable to share its revenue generated from advertisements inside DMRC Metro stations with local bodies. However, if DMRC becomes liable to share revenue with local bodies from advertisements outside/Inside Selected Metro Stations in Phase-III in future, then DMRC shall deposit the due share to local bodies out of its own funds. Further, share of revenue from outdoor Branding, if any, with local bodies shall be deposited by DMRC out of its own funds. Licensee shall not be liable to part with any additional revenue on this account. In this regard, the following may be noted: a. DMRC assumes that the value of outside advertisement is 30% of total quote of the bid for the stations which have only outdoor inventory of 100 sqm with no indoor advertisement inventory. The sharing with MCD if needed needed, would be done from this value. b. DMRC assumes that the value of outside advertisement is maximum 15% of total quote of the bid for the stations which have both outdoor and indoor inventory (250 inventory(250 sqm or 10 sqm). The sharing with MCD if needed, would be done out of this value. c. In case of stations which are is having a reduced/limited scope/area for outdoor advertisement only, it is assumed by DMRC that the value of outdoor advertisement at this station is maximum 15% of the total quote of the bid for the said station. 8.4 All other statutory taxes, statutory dues, local levies, as applicable (other than, than those mentioned above in clause 8.3) shall be charged extra and will have to be remitted along with the License Fees for onward remittance to the Government. The Licensee shall indemnify DMRC from any claims that may arise from the statutory authorities in connection with this License. 8.5 Payment of stamp duty on agreement, if any, to be executed in pursuance of this contract will be borne by Licensee. 8.6 The selected bidder will of ask for any claim or compensation from DMRC. If advertisement are not permitted due to local laws/civil authorities. The maintenance of all advertisement inserts will be borne by the selected bidders.

Taxes and Other Statutory Dues. 8.1 GST and Advertisement Tax, as applicable from time to time, shall also be borne by Licensee, in addition to the license fee. 8.2 The property tax applicable, if any, on the property of DMRC shall be borne by Licensee. 8.3 At present, DMRC is not liable to share its revenue generated from advertisements inside DMRC Metro stations with local bodies. However, if DMRC becomes liable to share revenue with local bodies from advertisements outside/Inside Selected Metro Stations in Phase-III in future, then DMRC shall deposit the due share to local bodies out of its own funds. Further, share of revenue from outdoor Branding, if any, with local bodies shall be deposited by DMRC out of its own funds. Licensee shall not be liable to part with any additional revenue on this account. In this regard, the following may be noted: a. DMRC assumes that the value of outside advertisement is 30% of total quote of the bid for the stations which have only outdoor inventory of 100 sqm with no indoor advertisement inventory. The sharing with MCD if needed needed, would be done from this value. b. DMRC assumes that the value of outside advertisement is maximum 15% of total quote of the bid for the stations which have both outdoor and indoor inventory (250 sqm or 10 sqm). The sharing with MCD if needed, would be done out of this value. c. In case of stations which are is having a reduced/limited scope/area for outdoor advertisement only, it is assumed by DMRC that the value of outdoor advertisement at this station is maximum 15% of the total quote of the bid for the said station. 8.4 All other statutory taxes, statutory dues, local levies, as applicable (other thanthan those, mentioned above in clause 8.3) shall be charged extra and will have to be remitted along with the License Fees for onward remittance to the Government. The Licensee shall indemnify DMRC from any claims that may arise from the statutory authorities in connection with this License. 8.5 Payment of stamp duty on agreement, if any, to be executed in pursuance of this contract will be borne by Licensee. 8.6 The selected bidder will of ask for any claim or compensation from DMRC. If advertisement are not permitted due to local laws/civil authorities. The maintenance of all advertisement inserts will be borne by the selected bidders.

Taxes and Other Statutory Dues. 8.1 GST and Advertisement Tax, as applicable from time to time, shall also be borne by Licensee, in addition to the license fee. 8.2 The property tax applicable, if any, on the property of DMRC shall be borne by Licensee. 8.3 At present, DMRC is not liable to share its revenue generated from advertisements inside DMRC Metro stations with local bodies. However, if DMRC becomes liable to share revenue with local bodies from advertisements outside/Inside Selected Metro Stations in Phase-III in future, then DMRC shall deposit the due share to local bodies out of its own funds. Further, share of revenue from outdoor Branding, if any, with local bodies shall be deposited by DMRC out of its own funds. Licensee shall not be liable to part with any additional revenue on this account. In this regard, the following may be noted: a. DMRC assumes that the value of outside advertisement is 30% of total quote of the bid for the stations which have only outdoor inventory of 100 sqm with no indoor advertisement inventory. The sharing with MCD if needed would be done from this value. b. DMRC assumes that the value of outside advertisement is maximum 15% of total quote of the bid for the stations which have both outdoor and indoor inventory (250 sqm or 10 sqm). The sharing with MCD if needed, would be done out of this value. c. In case of stations which are having a reduced/limited scope/area for outdoor advertisement only, it is assumed by DMRC that the value of outdoor advertisement at this station is maximum 15% of the total quote of the bid for the said station. 8.4 All other statutory taxes, statutory dues, local levies, as applicable (other than, mentioned above in clause 8.3) shall be charged extra and will have to be remitted along with the License Fees for onward remittance to the Government. The Licensee shall indemnify DMRC from any claims that may arise from the statutory authorities in connection with this License. 8.5 Payment of stamp duty on agreement, if any, to be executed in pursuance of this contract will be borne by Licensee. 8.6 The selected bidder applicant will of not ask for any claim or compensation from DMRC. If advertisement are not permitted due to local laws/civil authorities. The maintenance of all advertisement inserts will be borne by the selected biddersApplicants.

Taxes and Other Statutory Dues. 8.1 GST and Advertisement Tax, as applicable from time to time, shall also be borne by Licensee, in addition to the license fee. 8.2 The property tax applicable, if any, on the property of DMRC shall be borne by LicenseeDMRC. 8.3 At present, DMRC is not liable to share its revenue generated from advertisements inside DMRC Metro stations with local bodies. However, if DMRC becomes liable to share revenue with local bodies from advertisements outside/Inside Selected Metro Stations in Phase-III in future, then DMRC shall deposit the due share to local bodies out of its own funds. Further, share of revenue from outdoor Branding, if any, with local bodies shall be deposited by DMRC out of its own funds. Licensee shall not be liable to part with any additional revenue on this account. In this regard, the following may be noted: a. DMRC assumes that the value of outside advertisement is 30% of total quote of the bid for the stations which have only outdoor inventory of 100 sqm with no indoor advertisement inventory. The sharing with MCD if needed needed, would be done from this value. b. DMRC assumes that the value of outside advertisement is maximum 15% of total quote of the bid for the stations which have both outdoor and indoor inventory (250 sqm or 10 sqm). The sharing with MCD if needed, would be done out of this value. c. In case of stations which are is having a reduced/limited scope/area for outdoor advertisement only, it is assumed by DMRC that the value of outdoor advertisement at this station is maximum 15% of the total quote of the bid for the said station. 8.4 All other statutory taxes, statutory dues, local levies, as applicable (other thanthan those, mentioned above in clause 8.3) shall be charged extra and will have to be remitted along with the License Fees for onward remittance to the Government. The Licensee shall indemnify DMRC from any claims that may arise from the statutory authorities in connection with this License. 8.5 Payment of stamp duty on agreement, if any, to be executed in pursuance of this contract will be borne by Licensee. 8.6 The selected bidder will of ask for any claim or compensation from DMRC. If advertisement are not permitted due to local laws/civil authorities. The maintenance of all advertisement inserts will be borne by the selected bidders.

Taxes and Other Statutory Dues. 8.1 GST and Advertisement Tax, as applicable from time to time, shall also be borne by Licensee, in addition to the license fee. 8.2 The property tax applicable, if any, on the property of DMRC shall be borne by LicenseeDMRC. 8.3 At present, DMRC is not liable to share its revenue generated from advertisements inside DMRC Metro stations with local bodies. However, if DMRC becomes liable to share revenue with local bodies from advertisements outside/Inside Selected Metro Stations in Phase-III in future, then DMRC shall deposit the due share to local bodies out of its own funds. Further, share of revenue from outdoor Branding, if any, with local bodies shall be deposited by DMRC out of its own funds. Licensee shall not be liable to part with any additional revenue on this account. In this regard, the following may be noted: a. DMRC assumes that the value of outside advertisement is 30% of total quote of the bid for the stations which have only outdoor inventory of 100 sqm with no indoor advertisement inventory. The sharing with MCD if needed needed, would be done from this value. b. DMRC assumes that the value of outside advertisement is maximum 15% of total quote of the bid for the stations which have both outdoor and indoor inventory (250 sqm or 10 sqm)inventory. The sharing with MCD if needed, would be done out of this value. c. In case of stations Delhi Gate Xxxxx xxxxxxx which are is having a reduced/limited scope/area for outdoor advertisement only, it is assumed by DMRC that the value of outdoor advertisement at this station is maximum 15% of the total quote of the bid for the said station. 8.4 All other statutory taxes, statutory dues, local levies, as applicable (other than, than those mentioned above in clause 8.3) shall be charged extra and will have to be remitted along with the License Fees for onward remittance to the Government. The Licensee shall indemnify DMRC from any claims that may arise from the statutory authorities in connection with this License. 8.5 Payment of stamp duty on agreement, if any, to be executed in pursuance of this contract will be borne by Licensee. 8.6 The selected bidder will of ask for any claim or compensation from DMRC. If advertisement are not permitted due to local laws/civil authorities. The maintenance of all advertisement inserts will be borne by the selected bidders.