Statutory Dues definition

Statutory Dues means (i) all Taxes and any other payment due and payable for the Relevant Period, to any governmental authority under any Applicable Law; and (ii) negative amount of PSDF Support Amount payable by the Successful Bidder to the Nodal Authority as per the PSDF Support Agreement.

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Statutory Dues for any Month, shall mean the taxes, duties, charges, cess, levies and other such analogous payments due under Applicable Law during such Month, as certified by the statutory auditor of the PE

Statutory Dues means all the amounts due and payable by the Company to any Central or State Government Department / Agency / Authority / Autonomous body etc. constituted under any Statute promulgated by the Central Government or State Government and includes any tax due, whether assessed or under assessment, additional tax, cess, interest, penalty and/any other charges as may be payable under the relevant statute from time to time;

Examples of Statutory Dues in a sentence

• The Purchaser(s) shall be further liable to pay such Statutory Dues as may be applicable on the Consideration payable in respect to the Flat.

• It is hereby agreed, understood and declared by and between the Parties that the Conveyance Deed shall be executed and got registered in favour of the Purchaser(s) only after the receipt of Total Price including all Charges and Statutory Dues including any enhancements and fresh incidence of tax as agreed hereinabove along with connected expenses.

• In case any Statutory Dues are levied after the execution of the Conveyance Deed, the same shall be payable by the Purchaser(s) on pro rata basis.

• The charges will be determined by the Developer in its sole and absolute discretion and shall not be challenged by the Purchaser(s); e Statutory Dues; and f Any other charge(s) for the amenities / facilities to be provided or asked to be provided by the However, it has been specifically agreed by and between the Parties herein that Statutory Dues shall be borne by the Purchaser(s) in proportion to the Carpet Area of the Flat.

More Definitions of Statutory Dues

Statutory Dues for any Month, shall mean the Tax liability of the SPC for such Month, as certified by a third party tax consultant in a certificate to be procured and submitted by the Company to the Escrow Bank by the 1st day of the preceding Month, and as revised by such third party tax consultant during the course of the preceding Month.

Statutory Dues means and include all, but not limited to taxes, levies, cess, charges, assessments, municipal taxes, goods and services tax (GST), property tax, infrastructure augmentation charges, infrastructure development tax, VAT, service tax, stamp duty / fines /