BHARAT PETROLEUM CORPORATION LIMITED PRESS TENDER

CRFQ No. 1000182234ANNEXURE VITERMS & CONDITIONS OF AGREEMENT5. TAXES AND DUTIES:Taxes, duties, freight and octroi shall be payable over and above the basicprice as follows:5.1. Excise duty:(a) Excise duty extra as applicable at the time of delivery within scheduleddelivery period will be payable by BPCL against documentary evidence.Successful tenderer shall mention in their offer, the percentage of exciseduty applicable at present. Any upward variation in excise duty rates,beyond the contractual delivery period, shall be to successful tenderer’saccount.(b) In case Excise Duty is not applicable at present but becomes applicable infuture, the same will be borne by successful tenderer. Excise duty due tochange in turnover is not payable.(c) CENVAT credit available to the successful tenderer on various inputs maybe availed by the tenderer by following necessary procedures andcompleting all the formalities, documentations etc.The CENVAT credit availed by the tenderer need not be passed on to theCorporation separately. However, if the tenderer for any reason fail toavail this CENVAT credit on various inputs, BPCL shall in no way assumeany responsibility for the same.5.2. Sales Tax/VAT/GST:(a) Sales Tax as applicable at the time of delivery within scheduled deliveryperiod will be payable by BPCL. Successful tenderer shall give details oflocal sales tax (VAT) and central sales tax currently applicable in theiroffer.(b) Input VAT Credit may be claimed by BPCL, wherever applicable.Successful tenderer shall submit the TAX invoice that shall enable theCorporation to claim the VAT set off/ITC Credit. In the event of VAT setoff/ITC credit become non claimable due to non-adherence ofdocumentation at tenderers end and/or misinterpretation of statuteby the tenderer, the differential (VAT set off/ITC) shall be claimedfrom all such tenderers.(c) In the event the successful tenderer is charging VAT for suppliesmade to LPG plant(s) situated in a particular state where VAT set off/ITC credit is available to BPCL and later the Government of anotherstate levies CST on those supplies on the ground that the productsupplied to BPCL has arisen due to inter-state movement, thenBPCL shall be not liable to pay such CST.Page 3 of 19