NATIONAL ALUMINIUM COMPANY LIMITED - Rites

Tender Notice No. - …………..............
2.3 NOTE:
Sales Tax/ Service Tax, if documents are not found to be in order for claiming Cenvat/ VAT
benefits.”
(i) Final Handing Over:
Final Handing Over shall mean Commissioning including acceptance of PG Tests. However, in
case PG Test could not be conducted within 6 months from commissioning, for reasons not
attributable to vendor, last 10% payment will be released against a Bank Guarantee of equal
amount valid for 12 months initially and extendable thereafter.
(ii) Payment for indigenous supply shall be through Bank against dispatch documents. Payment
through bank shall be as per normal banking procedure.
Direct Payment can be made through e-payment mode through SBI as well as NEFT/RTGS mode
through designated enabled branches. In case of Direct Payment, duly filled Bank Mandate form in
duplicate should be furnished with due authentication from bidder’s Banker
3.0 TAXES & DUTIES
3.1 All taxes and duties including Excise Duty and concessional CST/ VAT but excluding Sales Tax on
Works Contract will be paid against Documentary Evidence at actuals limited to amount quoted in
price bids. However, statutory variations (on finished products) will be allowed against
documentary evidence. Vendor shall provide break up along with billing schedule subject to ceiling
limit quoted in price bid.
3.2 Service Tax and E-cess applicable should be clearly indicated with ceiling limit to be paid against
documentary evidence and invoice raised in line with Service Tax Rule to enable NALCO to avail
Cenvat.
3.3 Vendors are required to quote prices inclusive of Works Contract Tax and no variation is payable
on this account. In case vendor insists on WCT variation, rate of WCT and amount should be
mentioned in the bid, without which statutory variation will not be admissible.
3.4 It is to be noted that the Contractor shall be required to submit the documentary evidence(s) for
Excise Duty paid by them to concerned authorities for Owner to claim CENVAT benefit.
3.5 Necessary Cenvatable documents such as Transporter’s copy of Challan / Bill of Entry Triplicate
Copy for availing Cenvat benefit to be given in NALCO’s name indicating consignee as NALCO for
availing Excise Duty, Copy of Registration with Central Excise Authority and any other document
required by the Owner shall be furnished by Contractor to enable Owner to claim CENVAT.
3.6 The classification of goods as per Central Excise Customs Tariffs should be correctly done to
ensure that CENVAT benefits is not lost by the Owner on account of any error on the part of the
Contractor. The Owner shall be at liberty to withhold the payment of cenvatable duties (viz. Central
Page 2 of 11