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b-1 tender form - Maharashtra Industrial Development Corporation

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59<br />

MAHARASHTRA INDUSTRIAL DEVELOPMENT CORPORATION<br />

( A Government of <strong>Maharashtra</strong> Undertaking )<br />

CLAUSE FOR REIMBURSEMENT OF TAXES/ DUTIES.<br />

While submitting the <strong>tender</strong>, the contractor shall consider prevailing<br />

taxes and duties on the date of submission. In case there is statutory increase in the<br />

taxes/ duties, the contractor shall submit documentary evidence for the payment of<br />

the same. On verification of the documents, the reimbursement will be made if there<br />

is increase. In case there is reduction in the statutory taxes, duties, deduction will be<br />

effected. It may also be noted that this clause is not applicable if there is in increase<br />

in the octroi during execution of the work.<br />

Contractor.<br />

Executive Engineer(E&M).

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