Examples of Documentary Taxes in a sentence
The consolidated financial statements are prepared and presented in accordance with Indian Generally Accepted Accounting Principles (GAAP) under the historical cost convention on the accrual basis.
Documentary Taxes No stamp duty (or equivalent) is payable on granting a loan, guarantee or security interest.
MISCELLANEOUS 54 Section 12.1. Withholding Taxes 54 Section 12.2. No Waiver, Cumulative Remedies 55 Section 12.3. Non-Business Days 55 Section 12.4. Documentary Taxes 55 Section 12.5. Survival of Representations 55 Section 12.6. Survival of Indemnities 56 Section 12.7. Sharing of Set-Off 56 Section 12.8. Notices 56 Section 12.9. Counterparts 56 Section 12.10.
The Borrower shall indemnify the Lender, and hold it harmless, against the full amount of Taxes or Documentary Taxes.
Within 30 days after the date of any payment of Taxes or Documentary Taxes, the Borrower shall furnish to the Lender, at its address, the original or a certified copy of a receipt evidencing such payment.