STEEL AUTHORITY OF INDIA LIMITED - Metaljunction

outside the State of West Bengal and wishes to avail of concessional rate of SalesTax, shall be required to submit declaration in statutory forms before issuingDelivery Order (D.O.) as per Sales Tax rules, whether state or central. OtherwiseSales Tax at full rate shall be charged.Sales within the state of West Bengal attracts Value Added Tax (VAT) and saleoutside similarly attract CST. Amount towards VAT / CST shall be collected as perprovision of VAT Act. & rule. Tax invoice in this regard will be issued by SAIL-ISP.(b) Income Tax: As per section 206 (C) of Income Tax Act the Tax collected atsource on the sale of items at the prescribed rate as ruling on the date of dispatchshall be payable by SB, if applicable with surcharge and Cess if any ruling at the timeof delivery.18. CONTRACT VALIDITYContract Validity period will be for 15 days as given in Annexure – II i.e. from thedate of issue of respective D.O.s. SAIL-ISP may extend the validity of the contract inwriting if there is any delay on part of SAIL-ISP.19. EXCISE DUTYExcise Duty as legally applicable and ruling at the time of delivery shall be payableextra. Excise Gate Passes for the items where ED is applicable shall be issued forsuch cases.20. DELIVERY: The AGM (Sales), Sales Department, SAIL-ISP, Burnpur or hisauthorised representative will co-ordinate & arrange to hand over/issue the Deliveryafter receipt of sale value along with the applicable taxes, duties & other levies etc.and all the requisite post bid documents. The D.O. will be issued only in the name ofthe ‘SB’ on whom the Letter of Acceptance / Letter of Intent (L.O.A / L.O.I) hasbeen released with validity as mentioned in Annexure -II from the date of receipt ofDelivery Order. On request if Delivery Order has to be handed over to arepresentative other than SB, then the SB has to make such request in his letter headin three copies in original authorizing and attesting the signature of the representativewho will be receiving the Delivery Order on SB’s behalf and submit those to AGM(Projects) who will endorse one copy of the same to AGM (Sales) after properverification of the signature of the SB with OFA document submitted by the SB.Again, SB may also has to authorize maximum three persons who will be dealing allmatters on SB’s behalf including lifting of materials in SB’s letter head in original infour (4) copies giving their names, attesting their signatures in front of AGM (MM)Mktg.and submit three (3) copies to AGM ( MM ) Mktg, Burnpur. Then OrderDepartment, Burnpur will authenticate the signatures of the persons authorised by theSBs for doing different jobs on behalf of them including lifting of materials andarrange to send the same to the EA. Delivery of the materials will be given by the EAor his authorised representative. Then, The SB shall report to the EA or hisauthorised representative. Loading shall be allowed on all days excepting Sundays /holidays during general shift hours. Prior permission in writing is to be obtained forplacement of trucks from EA or his authorised representative/s. The entry / exitwould be allowed through nominated routes/ gates only. The trucks/ trailers shouldply in the route indicated by EA / CISF or their authorised representative/s only. No12