Under Jurisdiction of Nagpur Court only WESTERN COALFIELDS ...

Western Coalfields Limited ; Supply order no. 40222133 dtd. 21.12.2012 ; M/S Eimco Elecon ( I) Ltd.Price: Prices are FIRM and on FOR Destination basis inclusive of packing & forwarding charges.However, Freight & transit Insurance @ Rs.35,000.00 per SDL shall be paid extra for delivery on FORDestination basis .Excise Duty: Excise Duty and cess on ED shall be paid extra as applicable at the time of despatch againstdocumentary evidence. Present rate of ED & cess on ED is 12.36%. CENVAT Credit shall be obtained asper rule.Sales Tax : Sales Tax shall be paid extra as applicable at the time of dispatch . Present rate of CST is 2%against form C. Declaration form shall be given by Consignee.Delivery : Delivery of four machines ( LHD) within two months from the date of placement of order andcompletion of the supply at the minimum rate of six LHDs per month thereafter. The delivery period shall bereckoned from seventh day of supply order date. (However, early delivery is preferred).Inspection: Final inspection of the materials will be carried by consignee at site.Payment terms: 80% value of each equipment and the accessories and 100% Excise Duty and fullconcessional ST / CST along with 100% transportation charges will be paid within 21 days of receipt ofthe complete equipment at the project site and receipt and acceptance of performance bank guarantee bythe consignee. The equipment should be accompanied with relevant dispatch documents like challan,Maker’s Test-cum-Inspection certificate, Warranty certificate, WCL’s Inspection Certificate etc.Balance 20% payment shall be made within 21 days of successful completion of erection, testing,commissioning and final acceptance of the equipment (alongwith accessories) at site upon presentation ofa certificate from the project officer to the effect that the equipment has been erected and commissionedto their entire satisfaction.Paying Authority: General Manager (Fin.), WCL, Coal Estate, Civil Lines, Nagpur 440 001.Details for payment through EFT :-Name of Bank and Branch :- State bank of India , Comm. Branch , Anand., Jay Laxmi Plaza,GaneshCrossing,Anand, GujratAccount Number :- 00000010201747608Nature of Account :- Cash CreditIFSC code of the the Branch :- SBIN0004084Mode of dispatch: All the stores surely packed are to be dispatched by road transport to the consignee onFreight paid basis. Safe arrival of the consignment shall be the responsibility of the vendor.Security Deposit: _ Security money for 10% value of the equipment on FOR Destination basis shall besubmitted by you within 15 days of placement of order. In case of failure to deposit the security money.The order shall be canceled and the case shall be processed to order elsewhere and the firm's performancewill be kept recorded for future dealings. Security Money as per present Statutory levies works out toRs. 1,16,57,406.00 ( Rupees One crore sixteen lakhs fifty seven thousand four hundred six) only.Consignee & Allocation :- As mentioned below for Standard Height and Low Height LHDs.