Taxes, Levies and Duties. 1. The Initial Contract Price and each Initial Upgrade Price, as stated in Sub-Article 4(A) above, excludes any Tax. The Contract Price and each Upgrade Price shall without duplication be adjusted for any Tax imposed on or in connection with this Contract (including, without limitation, the execution and delivery of this Contract, the Work, the Upgrade Work and the Supplies, but excluding any Excluded Taxes) (any such Taxes, other than Excluded Taxes, are hereinafter referred to as "Contract Taxes"). Contractor has provided a good faith estimate of the Contract Taxes payable by the Purchaser; it being understood that the Contractor shall have no liability under this Contract or otherwise to the Purchaser for any errors or omissions in such estimate or any losses arising therefrom. The Contractor shall be responsible for any Excluded Tax that might be incurred by the Contractor as well as any Tax described in clause (iv) of the definition of Excluded Tax. 21 18
2. The Purchaser will be ultimately responsible for the payment of all Contract Taxes (including, without limitation, Contract Taxes that are VAT, octroi duties relating to Contract items and fiscal stamps, etc. connected with Contract legalizations to the authorities in their countries). In the case of any Contract Taxes paid by the Contractor, the Contractor shall submit payment on the Purchaser's behalf and Contractor will be reimbursed by the Purchaser in accordance with Article 5 (Terms of Payment by Purchaser).
3. The Contractor agrees to use reasonable efforts, including, without limitation, by registering for VAT and any applicable sales Taxes in any country, state or other jurisdiction where legally required, to cooperate with and assist Purchaser in its efforts (i) to have Supplies which are the subject of this Contract made exempt from Contract Taxes, whether in the manufacture of the Supplies or related to the importation or location or installation of the Supplies, (ii) to request revisions, drawbacks, remissions, reclassifications or the like to the jurisdictions identified by the Purchaser; or (iii) to reduce or eliminate Contract Taxes (including the provision of applicable certifications and forms) and to obtain any available refunds of Contract Taxes, provided that the Contractor shall not be required to act other than in accordance with the relevant Laws then in force. The Purchaser shall reimburse the Contractor, in accordance with Article 5, for any reasonable costs (including th...
Taxes, Levies and Duties. 1. The Initial Contract Price, as stated in Sub-Article 4(A) above, excludes all Contract Taxes. For purposes of this Article the term "Contract Tax" means: (i) customs duties, value added taxes ------------ ("VAT"), taxes, levies, fees and any similar fiscal cost imposed by the "Landing Jurisdiction" (the jurisdiction in which such -------------------- Supplies will be permanently located once incorporated into the System) on import of Supplies into the Landing Jurisdiction (hereinafter referred to collectively as "Import Fiscal Costs"); ------------------- (ii) VAT, sales tax, business tax, general sales tax, consumption tax, goods and services tax and any similar taxes imposed by the Landing Jurisdiction on the transfer of ownership of the Supplies from the Contractor to the Purchaser or provision of services in the Landing Jurisdiction by the Contractor on behalf of the Purchaser (hereinafter referred to collectively as "Transfer -------- Taxes"); and (iii) duties, levies, fees or fiscal stamps imposed ----- in respect of Contract legalizations, and use or property taxes imposed on the value of the Contract, or a portion thereof, by a Landing Jurisdiction (excluding any property taxes imposed on property owned by the Contractor that is not intended to be incorporated into the System) (hereinafter referred to collectively as "Purchase Taxes"). Any Taxes not addressed in this -------------- Contract are to be borne by the party upon whom they are imposed by the tax authorities.
Taxes, Levies and Duties. 38.1 Taxes and Importation. All taxes (excluding VAT), stamp duty and other duties in accordance with the Government regulations shall be the responsibility of the CONTRACTOR Any withholding tax shall be deducted directly by TELKOM from the payment to be made to CONTRACTOR in accordance with the prevailing laws which is applicable to this CONTRACTOR, (except the VAT shall be paid by TELKOM to CONTRACTOR to be paid to Indonesian Government). TELKOM confirms that under the present law WHT is only applicable on services and is only 4.5%.
38.2 All the Imported Goods under this Contract shall be conducted under DDU as referred to in Incoterm 2000. Therefore, it is agreed by the Parties hereto that:
a. All Goods which are imported shall be imported in the name of TELKOM and using TELKOM’s import license but under the physical arrangement and management of the CONTRACTOR;
b. CONTRACTOR shall initially fund the payment of any import tax, sales tax on luxury goods, if applicable, prepayment of income tax on import, import or custom duties and all clearance costs in relation to all imports;
c. CONTRACTOR shall be responsible for and carry out importation and custom clearance;
d. All the costs of material import to Indonesia until Location including storage, penalty, if any shall be the responsibility of the CONTRACTOR.
38.3 CONTRACTOR shall be responsible for any underpayment as per DDU Incoterms 2000 and all penalties under this contract which appear, if any, after audit conducted by custom office even this contract is already closed.
38.4 TELKOM shall reimburse CONTRACTOR for its prepayment of Import VAT on import and withholding tax within 30 (thirty) calendar day after receipt of a complete invoice from CONTRACTOR.
Taxes, Levies and Duties. Manufacturers/ Contractors/Service Providers /Suppliers shall quote statutory taxes and duties (GST, BOCW etc.) as applicable on the date of bid opening and shall be shown separately in the offer. This shall be to the account of the Xxxxxxx Valley Corporation (DVC), at actual limited to the amount as quoted by the Bidder, unless otherwise mentioned in the Purchase Order / Work Order. Any upward/downward variation in statutory taxes and duties after bid opening and up to the scheduled delivery period / work completion period shall be to the Xxxxxxx Valley Corporation account. Since such statutory taxes shall be on the account of DVC, benefits of any decrease in the same shall be retained by the DVC irrespective of decrease taking place during period of submission of bid and opening of bid. Taxes & duties shall always be paid as applicable. Extra Tax liabilities due to any upward DVC/Tender/Head Quarter/FUEL/CMM/Works and Service/00023 Dated 31/10/22 XXXXXXX VALLEY CORPORATION (ESTABLISHED BY ACT XIV OF 1948) Rate Contract for Loading, Transportation of Coal by Road with dumpers/ tippers/ hyva from different collieries of BCCL/ECL/ CCL/any other coal company to RTPS Coal yard under distance Slab-B (71 Km to 100 Km) and unloading thereof at RTPS Coal Yard, for a period of 180 Days Page 54 of 148 variation in statutory taxes and duties beyond the contractual delivery period / work completion period will be attributable to the vendor. Any new taxes & duties imposed by statutory bodies after opening of the bid as applicable will be to the account of DVC as per rate ruling within contractual delivery period / work completion period, if applicable.Changes in the tax rate dependant on the volume of turn over Shall not be payable by DVC and to be payable by the bidder. 5. CLARIFICATIONS ON BID DOCUMENT: Bidder may seek clarifications on the bidding documents (GCC + SCC, if any + Technical Specification Booklet + NIT {Tender Notice} along with annexure + Proforma & Check List of BG against EMD), if required, upto 7 days before the scheduled bid opening date. Any clarification sought by the bidders must be sent in writing to the Tender Inviting Authority. Besides this, a Pre-bid Conference may also be held at the Tender Inviting Office at the discretion of Tender Inviting Authority. If agreed by Tender Inviting Authority, date, time and place for holding the Pre-bid Conference to be mentioned in the bidding document (NIT).
Taxes, Levies and Duties. XXXXXXXX solely shall be liable for payment and shall pay all taxes including service tax, if any, fees or charges for the services rendered, customs duties, stamp duties, registration fees, taxes on property, levies, fees or charges generally applicable from time to time in India or of the Country where any activity mentioned in this agreement are conducted. The taxes shall include all personnel and corporate taxes as well as all other taxes including service taxes arising out of this agreement shall be borne by XXXXXXXX.
Taxes, Levies and Duties. 13.2.1 The Contractor acknowledges that the Contract Price has included all taxes, duties, levies and fees that may be imposed or levied in connection with the Work, whether in the country/territory of the Contractor, the Purchasers' countries/territories, or any other country/territory. Taxes incurred by the Contractor in the countries/territories, of the Purchasers in respect of its personnel and Sub-Contractors including but not limited to business income tax, income tax, payroll tax and other taxes, contributions and levies that may be levied on the Contractor or the personnel, local agent or site office of the Contractor shall be borne by the Contractor except for GST and VAT relating to the Contract items as contained in Part 2 (Price Schedule).
13.2.2 The Contractor is required to pay appropriate GST and VAT relating to the Contract items as contained in Part 2 (Price Schedule) to the authorities in the purchasers' countries/territories. The Contractor will be reimbursed by the Purchasers in conjunction with the settlement of the Contract Price on bi-monthly and actual basis. The Contractor shall, if required, provide the fiscal and billing documentation to allow the Purchasers to be compliant with the international and local fiscal laws and regulations. Any one of the Purchasers shall have the option to withhold any portion of the GST and/or VAT relating to any of the Contract items as contained in Part 2 (Price Schedule) to pay directly to the relevant authorities in their countries/territories, in which case, the foregoing procedure of reimbursement under this sub-clause 13.2.2 shall apply only to the portion of the GST and/or VAT that has not been withheld by any one of the Purchasers. Purchasers shall give a written notification to the Contractor of the GST and/or VAT that the Purchasers withhold. The Contractor shall pay the appropriate GST and/VAT that is not withheld by the Purchasers.
Taxes, Levies and Duties. Manufacturers / Contractors shall quote statutory taxes and duties (Sales Tax, VAT, Excise Duty,
Taxes, Levies and Duties
