Examples of MDL in a sentence
MDL shall not be responsible for any error in HSN code for goods &/or services specified by supplier / contractor.
MDL reserves right to recover any interest, penalty or loss from any amount due to Supplier /Contractor or otherwise.
If the transaction is delayed for reason of incomplete or incorrect information, we would not hold MDL responsible.
Further, if the ITC is delayed / denied to MDL / reversed subsequently as per GST Laws due to non / delayed receipt of goods and / or services and / or tax invoice or expiry of timelines prescribed in GST Laws for availing ITC, non-payment of taxes or non-filing of returns or any other reason not attributable to MDL, Supplier /Contractor shall pay any loss of amount along with interest and penalty on MDL under GST Laws for the number of days the ITC was delayed.
Supplier /Contractor shall pay penalty and/ or interest imposed on MDL or any loss due to delay in availing ITC by MDL or any loss of ITC to MDL due to errors by vendors at any stage.