LPSC (M)/PT/04/2013-14 (sl No 3) - ISRO

COMPLIANCE STATEMENT REQUIRED TO BE FILLED AND ENCLOSED ALONG
WITH THE TECHNICAL AND COMMERCIAL BID BY THE VENDOR.
Sr. Commercial terms
No.
1. Delivery terms -Ex-works/FOB/ FCA etc.
1.1 Purchaser is having an air consolidation
contract and their freight forwarder will
arrange to collect the consignment from your
premises/will take the responsibility for
onward transmission from the point of delivery
as per INCOTERMS 2010. This is applicable
for import cases.
2. Packing charges inclusive/exclusive.
3. Delivery period – in weeks/months
4. Payment terms :
Our standard term is - Sight Draft (import)
/within 30 days from the date of acceptance
(indigenous).
5. Country of origin – to be declared in the
invoice.
6. Name and address of the Indian Agent.
7. Percentage of agency commission included in
the quoted price – payable in Indian Rupees
only directly to the Indian Agent.
8. Validity of the offer- minimum of 120 days
from the date of opening.
9. If you are an Indian Agent, please enclose the
authorization letter of your Principal and
confirm that whether you have enrolled with
DGS&D as per rules.
10. Cost of spares included in the price bid not
included.
11. Will you able to provide consumables/spares
for 10 years?
12.
12.1
12.2
12.3
12.4
Taxes and duties :
Taxes in India to the account of Purchaser.
Outside India to Seller’s/Contractor’s account.
Please indicate your Tax Registration Number.
Wherever installation involved, Income Tax @
2% will be deducted from the bill and a
certificate issued.
Installation in India will attract Service Tax @
12.36%. If required, orders for supply and
installation can be issued separately.
Work order will attract work contract tax as per
rules. Please confirm whether you have
included WCT in your offer.
Compliance