Common use of Taxes, Penalties and Third Party Dues Clause in Contracts

Taxes, Penalties and Third Party Dues. 4.2.1. The applicable Goods and Service Tax (GST) along with applicable cess (if any) or any other taxes as applicable shall be payable extra, as applicable, from time to time. 4.2.2. All other statutory taxes, Statutory dues / liabilities, local levies, third party dues (i.e. electricity, water consumption charges etc.), damage/ penal charges, pending arrears, etc. as applicable from time to time shall be charged extra and shall have to be remitted along with the license fees for onward remittance to the respective Government agencies. 4.2.3. The Licensee shall indemnify Maha-Metro from any claims that may arise from the statutory authorities in connection with this tender document / license agreement. Any change in Tax structure or Govt. guidelines will be imposed on the property business space separately. 4.2.4. In the event of termination of the license agreement before the completion of the Lockin period, the License Fees and any other payment along with Performance Security and Security Deposit as the case may be submitted to the Maha-Metro till date shall be forfeited and the Licensee shall be blacklisted. 4.2.5. Along with License Fee, Licensee shall also pay other dues i.e. Goods and Service Tax, Statutory dues / liabilities, electricity charges, damage/ penal charges, pending arrears, etc. as applicable time to time.

Taxes, Penalties and Third Party Dues. 4.2.1. The applicable Goods and Service Tax (GST) along with applicable cess (if any) or any other taxes as applicable shall be payable extra, as applicable, from time to time. 4.2.2. All other statutory taxes, Statutory dues / liabilities, local levies, third party dues (i.e. electricity, water consumption charges etc.), damage/ penal charges, pending arrears, etc. as applicable from time to time shall be charged extra and shall have to be remitted along with the license fees for onward remittance to the respective Government agencies. 4.2.3. The Licensee shall indemnify Maha-Metro from any claims that may arise from the statutory authorities in connection with this tender document / license agreement. Any change in Tax structure or Govt. guidelines will be imposed on the property business space separately. 4.2.4. In the event of termination of the license agreement before the completion of the Lockin Locking period, the License Fees and any other payment along with Performance Security and Security Deposit as the case may be submitted to the Maha-Metro till date shall be forfeited and the Licensee shall be blacklisted. 4.2.5. Along with License Fee, Licensee shall also pay other dues i.e. Goods and Service Tax, Statutory dues / liabilities, electricity other charges, damage/ penal charges, pending arrears, etc. as applicable time to time.

Taxes, Penalties and Third Party Dues. 4.2.14.6.1. The applicable Goods and Service Tax (GST) along with applicable cess (if any) or any other taxes as applicable shall be payable extra, as applicable, from time to time. 4.2.24.6.2. All other statutory taxes, Statutory dues / liabilities, local levies, third party dues (i.e. electricity, water consumption charges etc.), damage/ penal charges, pending arrears, etc. as applicable from time to time shall be charged extra and shall have to be remitted along with the license fees for onward remittance to the respective Government agencies. 4.2.34.6.3. The Licensee shall indemnify Maha-Metro from any claims that may arise from the statutory authorities in connection with this tender document / license agreement. Any change in Tax structure or Govt. guidelines will be imposed on the property business space Project separately. 4.2.44.6.4. In the event of termination of the license agreement before the completion of the Lockin period, the License Fees and any other payment along with Performance Security and Security Deposit as the case may be submitted to with the Maha-Metro till date date, shall be forfeited and the Licensee shall be blacklisted. 4.2.54.6.5. Along with License Fee, Licensee shall also pay other dues i.e. Goods and Service Tax, Statutory dues / liabilities, electricity other charges, damage/ penal charges, pending arrears, etc. as applicable time to time.