Statutory levies definition

Statutory levies means State and Central Taxes, including import and export duties as notified by Govt. of India and paid by the project authorities but excludes water, electricity charges and Petroleum, Oil & Lubricants (POL) price increases.
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Examples of Statutory levies in a sentence

  • The Contractor shall prepare and maintain in original at an office in India accurate and current books, records, reports and accounts of its activities for and in connection with Petroleum Operations so as to present a fair, clear and accurate record of all its activities, expenditures , income, cost petroleum, profit petroleum and Statutory levies / taxes.

  • Statutory levies or any other tax on materials in respect of this contract shall be payable by Contractor and NIRM shall not entertain any claim what-so-ever in this respect.

  • All other Charges, Commissions and Fees shall be applicable at the rates mentioned in the application form or as stipulated by the Bank from time to time and are exclusive of Taxes and Statutory levies as applicable.

  • Perfect Africa reserves the right to amend and increase any quotation, even after acceptance by the client, in the event of any adverse currency fluctuations, increases in Government or Statutory levies, increases levied by third party suppliers, such as airlines, providers of accommodation and transportation and other third party suppliers, in respect of the services.

  • Apart from Statutory levies, other charges like handling, P&F etc.

Related to Statutory levies

  • Statutory Rape means sexual intercourse with a person who is under the statutory age of consent.

  • Levies means an amount in respect of Body Corporate levies, an estimate of which described in clause 6;

  • Assessments means Claims of Her Majesty the Queen in Right of Canada or of any province or territory or municipality or any other Taxing Authority in any Canadian or foreign jurisdiction, including amounts which may arise or have arisen under any notice of assessment, notice of objection, notice of reassessment, notice of appeal, audit, investigation, demand or similar request from any Taxing Authority;

  • Environmental, Health or Safety Requirements of Law means all Requirements of Law derived from or relating to foreign, federal, state and local laws or regulations relating to or addressing pollution or protection of the environment, or protection of worker health or safety, including, but not limited to, the Comprehensive Environmental Response, Compensation and Liability Act, 42 U.S.C. § 9601 et seq., the Occupational Safety and Health Act of 1970, 29 U.S.C. § 651 et seq., and the Resource Conservation and Recovery Act of 1976, 42 U.S.C. § 6901 et seq., in each case including any amendments thereto, any successor statutes, and any regulations or guidance promulgated thereunder, and any state or local equivalent thereof.

  • statutory body means any body declared under clause 13 to be a statutory body for the purposes of this Schedule;