Import Billing Clause Samples
The Import Billing clause defines how charges and payments related to imported goods or services will be handled between the parties. Typically, it outlines the process for invoicing, the timing and method of payment, and any applicable taxes or duties that must be included in the billing. This clause ensures that both parties have a clear understanding of their financial obligations regarding imports, thereby reducing the risk of disputes over payment terms and responsibilities.
Import Billing. The Solar Power Developer shall be permitted to use ten percent (10%) of the installed capacity for startup after inspection by the concerned officer of APDCL and one hundred and fifteen percent (115%) of such energy provided by APDCL for startup power shall be deducted from the energy pumped in to the grid by the Solar Power Developer for determining the amount payable by APDCL to the Solar Power Developer. If energy other than the above requirement is drawn from the grid, the same shall be billed under the tariff applicable to HT industries including demand charges.
Import Billing. The Solar Power Developer shall be permitted to use ten percent (10%) of the installed capacity for startup after inspection by the concerned officer of ESCOM and one hundred and fifteen percent (115%) of such energy provided by ESCOM for startup power shall be deducted from the energy pumped in to the grid by the Solar Power Developer for determining the amount payable by ESCOM to the Solar Power Developer. If energy other than the above requirement is drawn from the grid, the same shall be billed under the tariff applicable to HT industries including demand charges.
Import Billing. The Developer shall be permitted to use ten percent (10%) of the installed capacity for startup after inspection by the concerned officer of BESCOM and one hundred and fifteen percent (115%) of such energy provided by BESCOM for startup power shall be deducted from the energy pumped in to the grid by the Developer for determining the amount payable by BESCOM to the Developer. If energy other than the above requirement is drawn from the grid, the same shall be billed under the tariff applicable to HT industries including demand charges.
Import Billing. The Developer shall be permitted to use 10% of the installed capacity for startup after inspection by the concerned officer of ESCOM and 115% of such energy provided by ESCOM for startup power shall be deducted from the energy pumped in to the grid by the Developer for determining the amount payable by ESCOM to the Developer. If energy over and above the requirement is drawn from the grid, the same shall be billed under the tariff applicable to HT industries demand charges.
Import Billing. The SPG shall be permitted to use ten percent (10%) of the installed capacity for startup after inspection by the concerned officer of ESCOM and one hundred and fifteen percent (115%) of such energy provided by ESCOM for startup power shall be deducted from the energy pumped in to the grid by the SPG for determining the amount payable by ESCOM to the SPG. If energy drawn during non-generation and energy drawn other than the above requirement shall be billed under the tariff applicable to HT industries including demand charges.
Import Billing. Deleted.