Tender Document - ONGC Videsh Limited
Tender Document - ONGC Videsh Limited
Tender Document - ONGC Videsh Limited
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In case, the quoted information related to various taxes and duties subsequently proves<br />
wrong, incorrect or misleading:-<br />
a) OVL will have no liability to reimburse the difference in the duty/tax, if the<br />
finally assessed amount is on the higher side.<br />
b) OVL will have the right to recover the difference in case the rate of<br />
duty/tax finally assessed is on the lower side.<br />
(i) The Service Provider should have a valid Service Tax registration certificate with the<br />
concerned authorities of Service Tax department and a copy of such registration<br />
certificate should be submitted alongwith the offer. In case the registration certificate is<br />
not available at the time of submission of offer, an undertaking should be furnished for<br />
submission of copy of requisite Service Tax registration certificate alongwith the first<br />
invoice under the contract.<br />
10.5.2 For some of the Services received by OVL, covered under Notification No.<br />
30/2012-S.T. dated 20th June, 2012, the liability to pay Service Tax shall be discharged<br />
partly by OVL and the respective service provider as per clause No. 10.5.2.1 below.<br />
However, bidder shall include 100% Service Tax in their quoted prices but payment to the<br />
contractor shall be made after deducting the portion of Service Tax to be paid by OVL<br />
directly to the tax authorities.<br />
10.5.2.1 The services in which Service Tax liability is to be discharged by OVL and the<br />
respective Service Provider(s) are mentioned below which shall be applicable only if the<br />
Service Provider is an Individual, HUF, or Proprietary Firm, Partnership Firm whether<br />
registered or not, including association of persons (AOP). However, if the<br />
Contractor (Service Provider) is a company and registered under Companies Act, 1956.<br />
In such cases, OVL shall not be liable to pay Service Tax under reverse charge<br />
mechanism for the services indicated below and in such situations the total Service Tax<br />
amount shall be paid by Contractor (Service Provider).<br />
Sl.<br />
No.<br />
(i)<br />
Description of service<br />
Services provided or agreed<br />
to be provided by way of<br />
renting or hiring any motor<br />
vehicle designed to carry<br />
passenger on non - abated<br />
value i.e. bidder is availing<br />
CENVAT credit on input/ Input<br />
services /Capital goods<br />
Percentage of Percentage of Service<br />
Service Tax Tax payable by OVL<br />
payable by<br />
Service<br />
provider<br />
60% 40%<br />
Note: OVL to pay 40% of Service Tax amount directly to service tax authorities , if<br />
contractor is an Individual, HUF, or Proprietary Firm, Partnership Firm whether<br />
registered or not, including association of persons (AOP).<br />
(ii) Services provided or agreed 25% 75 %<br />
to be provided by way of<br />
supply of manpower for any<br />
purpose.<br />
Note: OVL to pay Service Tax on 75% of service tax amount directly to service<br />
tax authority, at applicable rate of tax, if contractor is an Individual, HUF, or<br />
Proprietary Firm, Partnership Firm whether registered or not, including association<br />
of persons (AOP).
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