Common use of Obligation Regarding Taxes Clause in Contracts

Obligation Regarding Taxes. In the event of the Owners and/or the Developer being made liable for payment of any tax (excepting Income Tax, if any, levied in regard to the Development Agreement), fee, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as =GST, or any other tax, fee and imposition levied by the State Government, Central Government or any other authority or body) or if the Owners and/or Developer are advised by their consultant that the Owners and/or Developer are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Owners and/or Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, fee, duty, levy or other liability and hereby indemnifies and agrees to keep the Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Owners’ and/or Developer’s consultant shall be paid by the Buyer at or before the Date Of Possession.

Appears in 2 contracts

Samples: Agreement for Sale, Agreement

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Obligation Regarding Taxes. In the event of the Owners and/or the Developer being made liable for payment of any tax (excepting Income Tax and Service Tax, if any, is levied in regard to the Development Agreement), fee, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as =GSTService Tax, Works Contract Tax, Value Added Tax or any other tax, fee tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Owners and/or the Developer are advised by their consultant that the Owners and/or Developer are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Owners and/or Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, fee, duty, levy or other liability and hereby indemnifies and agrees to keep the Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Owners' and/or Developer’s 's consultant shall be paid by the Buyer at or before the Date Of Possession.

Appears in 1 contract

Samples: www.siddhagroup.com

Obligation Regarding Taxes. In the event of the Owners and/or the Developer being made liable for payment of any tax (excepting Income Tax and Service Tax, if any, levied in regard to the Development Agreement), fee, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as =GSTService Tax, Works Contract Tax, Value Added Tax or any other tax, fee tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Owners and/or the Developer are advised by their consultant that the Owners and/or Developer are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Owners and/or Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, fee, duty, levy or other liability and hereby indemnifies and agrees to keep the Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Owners' and/or Developer’s 's consultant shall be paid by the Buyer at or before the Date Of Possession.

Appears in 1 contract

Samples: www.siddhagroup.com

Obligation Regarding Taxes. In the event of the Owners and/or the Developer Owners/Promoters being made liable for payment of any tax ([excepting Income Tax, Tax and GST (if any, any levied in regard to the Development Co-operation Cum Construction Agreement)], fee, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as =GST, GST or any other tax, fee and imposition levied by the State Government, Central Government or any other authority or body) or if the Owners and/or Developer Owners/Promoters are advised by their consultant that the Owners and/or Developer Owners/Promoters are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Owners and/or Developer Owners/Promoters having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer Allottee shall be liable to pay all such tax, fee, duty, levy xxxx or other liability and hereby indemnifies and agrees to keep the Owners and/or the Developer Owners/Promoters indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the OwnersPromoters’/Promotersand/or Developer’s consultant shall be paid by the Buyer Allottee at or before the Date Of PossessionConveyance.

Appears in 1 contract

Samples: Agreement

Obligation Regarding Taxes. In the event of the Owners and/or the Developer being made liable for payment of any tax (excepting tax(excepting Income Tax and Service Tax, if any, levied in regard to the Development Agreement), fee, duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as =GSTService Tax, Works Contract Tax, Value Added Tax or any other tax, fee tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Owners and/or the Developer are advised by their consultant that the Owners and/or Developer are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Owners and/or Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, fee, duty, levy or other liability and hereby indemnifies and agrees to keep the Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Owners' and/or Developer’s 's consultant shall be paid by the Buyer at or before the Date Of Possession.

Appears in 1 contract

Samples: www.siddhagroup.com

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Obligation Regarding Taxes. In the event of the Owners Owner and/or the Developer being made liable for payment of any tax (excepting Income TaxTax and GST, if any, levied in regard to the Development Agreement), fee, ) duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as =GST, Works Contract Tax, Value Added Tax or any other tax, fee tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Owners Owner and/or the Developer are advised by their consultant that the Owners Owner and/or Developer are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Owners Owner and/or Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, fee, duty, levy or other liability and hereby indemnifies and agrees to keep the Owners Owner and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Owners’ Owner’s and/or Developer’s consultant shall be paid by the Buyer at or before the Date Of Possession.

Appears in 1 contract

Samples: Agreement

Obligation Regarding Taxes. In the event of the Owners and/or the Developer being made liable for payment of any tax (excepting Income Tax, if any, levied in regard to the Development Agreement), fee, ) duty, levy or any other liability under any statute or law for the time being in force or enforced in future (such as =GST, Works Contract Tax, Value Added Tax or any other tax, fee tax and imposition levied by the State Government, Central Government or any other authority or body) or if the Owners and/or the Developer are advised by their consultant that the Owners and/or Developer are liable or shall be made liable for payment of any such tax, fee, duty, levy or other liability on account of the Owners and/or Developer having agreed to perform the obligations under this Agreement or having entered into this Agreement, then and in that event, the Buyer shall be liable to pay all such tax, fee, duty, levy or other liability and hereby indemnifies and agrees to keep the Owners and/or the Developer indemnified against all actions, suits, proceedings, costs, charges and expenses in respect thereof. The taxes, fees, duties, levies or other liabilities so imposed or estimated by the Owners’ and/or Developer’s consultant shall be paid by the Buyer at or before the Date Of Possession.

Appears in 1 contract

Samples: Agreement

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