Common use of Total Tax Clause in Contracts

Total Tax. The Goods and Services Tax (GST) or other similar taxes on the Total Consideration for the Said Apartment And Appurtenances, the Extras shall be as per the applicable rates from time to time (presently the same being 5% on the Total Consideration for the Said Apartment And Appurtenances and 18% on the Extras mentioned above) and the Allottee(s) undertakes and confirms to pay the same to the Promoter with each installment/payment and shall not raise any objection thereto.

Appears in 1 contract

Samples: Agreement for Sale

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Total Tax. The Goods and Services Tax (GST) or other similar taxes on the Total Consideration for the Said Allotted Apartment And Appurtenances, and the Extras and Deposits shall be as per the applicable rates from time to time (presently the same being 1% or 5% (as applicable) on the consideration for the Residential Apartment, 12% on the Total Consideration consideration for the Said Apartment And Appurtenances Commercial Space and 18% on the Extras mentioned above) and the Allottee(s) Allottee undertakes and confirms to pay the same to the Promoter with each installment/payment and shall not raise any objection thereto.

Appears in 1 contract

Samples: Agreement for Sale

Total Tax. The Goods and Services Tax (GST) or other similar taxes on the Total Consideration for the Said Allotted Apartment And Appurtenances, and the Extras and Deposits shall be as per the applicable rates from time to time (presently the same being 1% or 5% (as applicable) on the consideration for the Residential Apartment, 12% on the Total Consideration consideration for the Said Apartment And Appurtenances Commercial Space and 18% on the Extras mentioned above) and the Allottee(s) Allottee undertakes and confirms to pay the same to the Developer/Promoter with each installment/installment/ payment and shall not raise any objection thereto.

Appears in 1 contract

Samples: Agreement for Sale

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Total Tax. The Goods and Services Tax (GST) or other similar taxes on the Total Consideration for the Said Allotted Apartment And Appurtenances, and the Extras and Deposits shall be as per the applicable rates from time to time (presently the same being 5% on the Total Consideration for the Said Apartment And Appurtenances and 18% on the Extras mentioned above) and the Allottee(s) Allottee undertakes and confirms to pay the same to the Promoter with each installment/payment and shall not raise any objection thereto. Presently, GST on the consideration for the Allotted Apartment mentioned in Clause 1.2.1 above is payable @1%.

Appears in 1 contract

Samples: Agreement for Sale

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