Infrastructure Development Charges (IDC) definition
Examples of Infrastructure Development Charges (IDC) in a sentence
The SPG agrees to pay the Infrastructure Development Charges (IDC) of Rs.25.75 lakhs per MW to the Distribution Licensee for establishing, operating and maintaining the Line / sub-station.
The Vendee agrees that any payment towards External Development Charges (EDC)/ Infrastructure Development Charges (IDC)/ Infrastructure Augmentation Charges (IAC) levied/leviable or any increase thereof by the Government or any other Governmental Authority (ies) shall be paid by the Vendee and any further imposition/levy/charges by whatever name called or in whatever form and with all such conditions imposed, by the Government and / or any Governmental Authority (ies) shall be paid the Vendee.
Basic Sale Price (BSP) @ Rs. per Sq. Mtrs.(Rupees only) of the Carpet Area of the Unit amounting to Rs. (Rs. It is clarified that only the External Development Charges (EDC) and the Infrastructure Development Charges (IDC) has been charged as per the rate levied by the Competent Authority at the time of grant of Licence as a part of the BSP.
The External Development Charges (EDC) for the external development / Infrastructure Development Charges (IDC) shall be provided by the said Statutory Authorities including interest charges levied by the said authorities will be charged on pro rata basis from all purchasers of the said Complex (taxes extra as may be applicable), on the basis of the rate fixed by the Haryana Government or the said Statutory Authorities.
While calculating the Total Price of the Said Plot, the Firm has taken into account External Development Charges (EDC) as applicable and as prevalent on the date of license and has not taken into account Infrastructure Development Charges (IDC), and other charges as levied or may be levied by Government of Punjab or any other competent authority(ies).
Rs. per Sq. Ft. of the Carpet Area of the Unit amounting to Rs. (Rs. It is clarified that only the External Development Charges (EDC) and the Infrastructure Development Charges (IDC) has been charged as per the rate levied by the Competent Authority at the time of grant of Licence as a part of the BSP.
The PURCHASER(S) agrees to pay for the External Development Charges (EDC) for the external development / Infrastructure Development Charges (IDC) shall be provided by the said Statutory Authorities and also for costs incurred for providing electric wiring, fire-fighting equipment and full power back up for Apartment and common areas.