GST definition
Examples of GST in a sentence
Notwithstanding anything contained anywhere in the Order, in the event that the input tax credit of the GST charged by Xxxxxx is denied by the tax authorities to Buyer, Buyer shall be entitled to recover such amount from the Seller by way of adjustment from the next invoice, In addition to the amount of GST, Buyer shall also be entitled to recover interest at the applicable rate and penalty, in case any penalty is imposed by the tax authorities on Buyer.
Notwithstanding the foregoing, Buyer shall pay Goods & Service Tax (G.S.T) & TCS u/s 206C (1H) of Income Tax Act and any other tax, if applicable.
Provided, however, that all payments made by the Concessionaire with respect to GST levied on or in respect of any services provided by the Concessionaire to the Authority for and in respect of the Resort and the Project Infrastructure shall be paid by the Authority upon receipt of particulars thereof.
The Licensee agrees to pay in advance the total of the daily, weekly, monthly or annual moorage fees and electricity fees, plus applicable GST.
The Successful Contractor will be required to furnish an amount @ 10% of Total Annual Contract Value (inclusive of GST) as a performance security in the form of Fixed Deposit Receipt or Bank Guarantee from any Nationalized Bank duly pledged in the name of the "All India Institute of Medical Sciences, Jodhpur" payable at Jodhpur within 30 days from the award of contract.