Statutory Dues definition

Statutory Dues means: (i) all Taxes and any other payment due and payable for the Relevant Period, to any governmental authority under any Applicable Law; and (ii) negative amount of PSDF Support Amount payable by the Successful Bidder to the Nodal Authority as per the PSDF Support Agreement.
Sample 1
Statutory Dues for any Month, shall mean the taxes, duties, charges, cess, levies and other such analogous payments due under Applicable Law during such Month, as certified by the statutory auditor of the PE
Sample 1
Statutory Dues for any Month, shall mean the Tax liability of the SPC for such Month, as certified by a third party tax consultant in a certificate to be procured and submitted by the Company to the Escrow Bank by the 1st day of the preceding Month, and as revised by such third party tax consultant during the course of the preceding Month.
Sample 1

Examples of Statutory Dues in a sentence

  • According to the information & explanations given to us, none of the undisputed statutory dues including Provident Fund, Employees State Insurance, Income Tax, Custom Duty, Goods & Service Tax, Cess and any other material Statutory Dues were outstanding as at last day of the financial year concerned for a period of more than six months.

  • Details of defaults, if any, including the amounts involved, duration of default, and present status, in repayment of: (i) Statutory Dues: NIL(ii) Bonds and interest thereon: NIL(iii) Deposits and interest thereon: NIL(iv) Loans from banks and financial institutions and interest thereon: NIL VIII.

  • Any requests for transfer and withdrawal of funds from the Statutory Dues Account shall be in accordance with Schedule - III.

  • The payment shall be on monthly basis made on submission of the bills (In triplicate) after the satisfactory completion of the work assigned, at approved rates after deducting penalties & Statutory Dues if any.

  • According to the records of the Company, it has been regular in depositing undisputed statutory dues including provident fund, Income tax, Sales tax, Excise Duty, Customs Duty, Cess and other Statutory Dues and there are no arrears outstanding as at year end for a period of more than six months from the date they became payable.

  • Other Current LiabilitiesCurrent maturities of long-term borrowings ( Refer Note No 4) 4,312.68Interest accrued but not due on borrowing 362.71Unpaid dividends 29.20Others- Creditors for capital goods 976.84- Statutory Dues 1,076.96- Amount due to Employees and Others 417.86- Advance from Customers 521.02- Retention Money 111.26- Deposits from Customers 55.13- Outstanding Expenses 1,465.54 Total 9,329.2011.

  • Statutory Dues- PF, ESI, Service Tax, TDS etc.1,611.65749.15Advance from Customers810.70887.04Excise Duty on Stock-94.48Other Payables264.07264.07Total2,686.421,994.74(INR.

  • Hence, it can be concluded that the Company is not irregular in depositing Statutory Dues.

  • Old pending Statutory Dues, to the extent ascertainable, are in the process of settlement with the authorities and already Sales Tax, Luxury Tax and Service Tax Outstanding’s having been paid.

  • There are no qualifications, reservations or adverse remarks made by the Statutory Auditors in their report or by the Practicing Company Secretary in the secretarial audit report.Auditors Observation in the Report1) Auditor's comment on delay in payment of Statutory Dues in their Annexure to the Report :-Reply: The Company is planning to liquidate some of its non-core assets.


More Definitions of Statutory Dues

Statutory Dues means all the amounts due and payable by the Company to any Central or State Government Department / Agency / Authority / Autonomous body etc. constituted under any Statute promulgated by the Central Government or State Government and includes any tax due, whether assessed or under assessment, additional tax, cess, interest, penalty and/any other charges as may be payable under the relevant statute from time to time;
Sample 1

Related to Statutory Dues

  • Statutory Declaration means a declaration made in writing according to the requirements of the Oaths Act 2001 (Tas). It is an offence under section 113 of the Criminal Code, as contained in Schedule 1 of the Criminal Code Act 1924 (Tas), to make a false statement in a Statutory Declaration.

  • Statutory Rape means sexual intercourse with a person who is under the statutory age of consent.

  • Statutory Holiday means New Year’s Day, Family Day, Good Friday, Victoria Day, Canada Day, Civic Holiday, Labour Day, Thanksgiving Day, Christmas Day, and Boxing Day; and

  • STATUTORY OFF means the off day per week or the compensatory off day in lieu thereof which the Transport Supplier is required to give to his/her operating crew as per the Motor Transport Workers Act, 1961 in respect of which adequate relief driver/crew shall be provided at no extra cost.

  • statutory parental bereavement pay means a payment to which a person is entitled in accordance with section 171ZZ6 of the Social Security Contribution and Benefits Act 1992;

  • Statutory Penalties are those amounts awarded as a penalty, but are fixed in amount by statute.

  • statutory body means any body declared under clause 13 to be a statutory body for the purposes of this Schedule;

  • statutory authority This agreement implements Iowa Code § 280.25 and is consistent with 34 C.F.R. 99.38 (2012).

  • Statutory Reserve Rate means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board to which the Administrative Agent is subject for eurocurrency funding (currently referred to as “Eurocurrency Liabilities” in Regulation D of the Board). Such reserve percentages shall include those imposed pursuant to such Regulation D. Eurodollar Loans shall be deemed to constitute eurocurrency funding and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D or any comparable regulation. The Statutory Reserve Rate shall be adjusted automatically on and as of the effective date of any change in any reserve percentage.

  • Statutory Requirements means all approvals, consents, permits, or licences necessary for the purposes of the Project from the State, any government department, authority, instrumentality or local government authority, and includes, without limiting the generality of the foregoing, all approvals, consents, permits, and licences, for engineering drawings, construction plans, earthworks and structures necessary for the purposes of the Project;

  • Next of kin of a covered servicemember means the nearest blood relative other than the covered servicemember’s spouse, parent, son, or daughter, in the following order of priority: blood relatives who have been granted legal custody of the covered servicemember by court decree or statutory provisions, brothers and sisters, grandparents, aunts and uncles, and first cousins, unless the covered servicemember has specifically designated in writing another blood relative as his or her nearest blood relative for purposes of military caregiver leave under the FMLA. When no such designation is made and there are multiple family members with the same level of relationship to the covered servicemember, all such family members shall be considered the covered servicemember’s next of kin, and the employee may take FMLA leave to provide care to the covered servicemember, either consecutively or simultaneously. When such designation has been made, the designated individual shall be deemed to be the covered servicemember’s only next of kin.

  • Statutory Surplus means, with respect to any Insurance Subsidiary at any time, the statutory capital and surplus of such Insurance Subsidiary at such time, as determined in accordance with SAP ("Liabilities, Surplus and Other Funds" statement, page 3, line 25 of the Annual Statement for the 1995 Fiscal Year entitled "Surplus as Regards Policyholders").

  • STATUTORY ACTS means all the State and Central Government statutes and regulations effecting the operation of the services under this Agreement as may be in force from time to time and shall particularly include but not be limited to the following;

  • Federal safety requirements means applicable provisions of 49 U.S.C. § 30101 et seq. and all

  • Statutory Reserves means a fraction (expressed as a decimal), the numerator of which is the number one and the denominator of which is the number one minus the aggregate of the maximum reserve percentages (including any marginal, special, emergency or supplemental reserves) expressed as a decimal established by the Board and any other banking authority, domestic or foreign, to which the Administrative Agent or any Lender (including any branch, Affiliate or other fronting office making or holding a Loan) is subject for Eurocurrency Liabilities (as defined in Regulation D of the Board). Eurodollar Loans shall be deemed to constitute Eurocurrency Liabilities (as defined in Regulation D of the Board) and to be subject to such reserve requirements without benefit of or credit for proration, exemptions or offsets that may be available from time to time to any Lender under such Regulation D. Statutory Reserves shall be adjusted automatically on and as of the effective date of any change in any reserve percentage.

  • Son or daughter of a covered servicemember means a covered servicemember's biological, adopted, or foster child, stepchild, legal ward, or a child for whom the covered servicemember stood in loco parentis, and who is of any age.

  • Class Licence Allowance Gross All-Purpose Wage A" Class Licence per week per hour 1 945.50 69.45 1,014.95 26.7092 2 989.15 69.45 1,058.60 27.8579 3 1,032.80 69.45 1,102.25 29.0066 4 1,076.45 69.45 1,145.90 30.1553 5 1,120.10 69.45 34.05 1,223.60 32.2000 50.60 1,274.20 33.5317 6 1,163.75 69.45 34.05 1,267.25 33.3487 50.60 1,317.85 34.6804 7 1,251.05 69.45 34.05 1,354.55 35.6461 50.60 1,405.15 36.9778 8 1,338.35 69.45 34.05 1,441.85 37.9434 50.60 1,492.45 39.2751 9 1,382.00 69.45 34.05 1,485.50 39.0921 50.60 1,536.10 40.4238 10 1,512.95 69.45 34.05 1,616.45 42.5382 50.60 1,667.05 43.8699

  • Public Health Laws means all applicable Laws relating to the development, pre-clinical testing, clinical testing, manufacture, production, analysis, distribution, importation, exportation, use, handling, quality, sale or promotion of any drug, biologic or medical device (including any ingredient or component of the foregoing products) intended for any medical or clinical use subject to regulation under the Federal Food, Drug, and Cosmetic Act (21 U.S.C. § 301 et seq.) or similar federal, state or foreign Laws.

  • Privacy Commissioner means the person occupying the position of Privacy Commissioner from time to time pursuant to the Privacy Xxx 0000.

  • relevant minimum wage means the minimum wage and includes any incremental adjustment prescribed in this award for the class of work for which an employee is engaged

  • Safety Requirements means Prudent Electrical Practices, CPUC General Order No. 167, Contractor Safety Program Requirements, and all applicable requirements of Law, PG&E, the Utility Distribution Company, the Transmission Provider, Governmental Approvals, the CAISO, CARB, NERC and WECC.

  • FMC Act means the Financial Markets Conduct Act 2013.

  • Commercial sex act means any sex act on account of which anything of value is given to or received by any person.

  • Minimum wage means wages as defined under the Minimum Wages Act-1948 and amended from time to time.

  • Statutory Plans means statutory benefit plans which a Party and any of its Subsidiaries are required to participate in or comply with, including any benefit plan administered by any federal or provincial government and any benefit plans administered pursuant to applicable health, tax, workplace safety insurance, and employment insurance legislation;

  • Uniformed service veteran means a former uniformed service member who has been discharged under conditions other than dishonorable.