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 Allotted Apartment 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 consideration for the Commercial Space and 18% on the Extras mentioned above) and the Allottee undertakes and confirms to pay the same to the Developer/Promoter with each installment/ payment and shall not raise any objection thereto.

Appears in 2 contracts

Samples: Sale Agreement, Sale Agreement

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Total Tax. The Goods and Services Tax (GST) or other similar taxes on the Total Consideration for the Allotted Apartment 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 consideration for the Commercial Space and 18% on the Extras mentioned above) and the 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: Sale Agreement

Total Tax. The Goods and Services Tax (GST) or other similar taxes on the Total Consideration for the Allotted Apartment 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 consideration for the Commercial Space and 18% on the Extras mentioned above) and the Allottee undertakes and confirms to pay the same to the Developer/Promoter with each installment/ 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: Sale Agreement

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Total Tax. The Goods and Services Tax (GST) or other similar taxes on the Total Consideration for the Allotted Said Apartment and And Appurtenances, 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 consideration Total Consideration for the Commercial Space Said Apartment And Appurtenances and 18% on the Extras mentioned above) and the Allottee Allottee(s) 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: Sale Agreement

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