WESTERN RAILWAY GOVERNMENT OF INDIA TENDER ...
WESTERN RAILWAY GOVERNMENT OF INDIA TENDER ...
WESTERN RAILWAY GOVERNMENT OF INDIA TENDER ...
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Tender No DRM/S&T(ADI)/ Tele/ 02 of 2012-13<br />
Chapter – II – Special Condition of Contract<br />
provisions of contract are Contractor’s obligations will be deducted by Railways<br />
from progress payment Bills/Invoice of Contractor, as and when it is understood<br />
that such an expenses has been incurred or paid for. All such claims of Railways<br />
shall, however, be duly supported by appropriate and certified vouchers, receipts<br />
or explanations as are available to enable the Contractor to identify such claims.<br />
2.28.2 Cess & Water charges, if applicable will be recovered from the contractor as per<br />
rules.<br />
2.28.4 TAXES –<br />
Deduction of Income Tax at source as per provisions of Finance Act and Income<br />
tax in force shall be made from the Contractor/Sub-Contractor and the amount so<br />
deducted will be credited to the central Government. Settlement of Income Tax<br />
should be made with Income Tax authorities. Wherever the law makes it statutory<br />
for the Purchaser to deduct on amount towards Sales Tax on Works Contract, the<br />
same will be deducted and remitted to the concerned authority.<br />
(ii)<br />
The contractor and all personnel employed by him shall pay such taxes like<br />
Income Tax as are payable under statutory laws of India and the Purchaser will<br />
not accept any liability for the same.<br />
(iii)<br />
As per AFA (X) CCG letter No. X / Income Tax / Policy and corresp / H.Q<br />
dt.28.05.10, following in this revised rates of Tax deduction at source to be<br />
deducted from the bills as for finance (No. 2) Act.2009<br />
Under section 194C(work contract/labour<br />
contract/advertisement)<br />
Income Tax 2%<br />
Surcharge<br />
Nil<br />
Education cess.<br />
Nil<br />
Regarding any changes in income tax rates under section which ever is applicable,<br />
Income tax ready reckoned pertaining to the relevant year may also be referred.<br />
2.29 The payments for AMC will be made on quarterly basis at the end of each<br />
quarter. While making the payment for each quarter 95% of the total amount due<br />
at the end of that particular quarter will be paid to the contractor, the remaining<br />
5% balance from first 11 (eleven) quarters will be paid at the end of the twelveth<br />
quarter on successful completion of maintenance period for full three year.<br />
Quarterly payments (which are also called progress on account payment) shall be<br />
made on the certificate of the Engineer that the maintenance for preceding quarter<br />
for which the payment has become due, has been carried out successfully<br />
Divisional Railway Manager (S & T) Ahmedabad-45<br />
For & on behalf of the president of India<br />
Chapter- II Page 21 of 32
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