TAXES/ DUTIES/ CESS ETC. 14.1 With effect from the Appointed Date, all taxes (including sales tax, excise duty, custom duty, service tax, sales tax, value added tax, etc), duties, cess received/ receivable/ paid/ payable by Demerged Company 1 relating to the Demerged Undertaking 1, including all or any refunds/ input credit/ claims/ tax losses/ unabsorbed depreciation relating thereto shall be treated as the asset/ liability or refunds/ input credit/ claims/ tax losses/ unabsorbed depreciation, as the case may be, of Resulting Company.
TAXES/ DUTIES/ CESS ETC. 15.1 The unutilized credits relating to excise duties, sales tax, service tax, VAT, GST or any other Taxes by whatever name called as applicable which remain unutilised in the electronic ledger of the Demerged Company pertaining to the Demerged Undertaking shall be transferred to and vest in the Resulting Company upon filing of requisite forms. Thereafter the unutilized credit so specified shall be credited to the electronic credit ledger of the Demerged Company and the input and capital goods shall be duly adjusted by the Resulting Company in its books of account.
TAXES/ DUTIES/ CESS ETC. 7.1. Any and all, present and future open access expenses, losses & charges, statutory taxes, levy, duties, demand charges, cess or any other similar imposition(s) imposed/charged by GoI or GoAP and/or any other local bodies/authorities ("Taxes and Duties") in relation to supply of electricity to the Purchaser, shall be borne by the Purchaser. For the sake of clarity, the above does not include any prior period, but period pertaining after the Effective Date of this Agreement, which DISCOM/ TRANSCOM/GoAP or any other relevant body may impose on the current consumption of electricity by Purchaser. (Any new charges or taxes or duties or other levies introduced in future on Import / Export of Power from / to DISCOM/ TRANSCOM shall be borne by the Purchaser).
