bangladesh power development board tender document for ... - BPDB

of Import & Export] for import of the contractor’s equipment and materials on thebasis of re-export.b) Bangladesh Income tax and VATThe Contractor shall be entirely liable to pay all Income Tax, VAT and all othertaxes of similar nature arising out of this contract for both Foreign & Local currencyportion of the Contract Price at the prevailing rule of the Government which shallbe deducted at source during payment of bills for onward deposition of the sameinto Government Treasury.c) Foreign country Taxes and PermitsThe Contractor shall pay all sales, income and other taxes and duties, tariffs andimports that can be lawfully assessed against the contractor by the Government orany lawful authority of any country other than the people's Republic of Bangladeshwhich has jurisdiction over the contractor in connection with this contract and shallpay for all licenses permits and inspection required for the work including the costor securing all export licenses and permits for materials, equipment, supplies andpersonnel exported from that country to Bangladesh.55.02 CUSTOMS AND IMPORT DUTIES, LEVIES AND ALL OTHER CHARGES FORPERMANENT MATERIAL OF THE PROJECT.The Contractor shall obtain all import permits or licenses required for any part ofthe work within the terms stated in the program or if not so stated, in reasonabletime having regard to the time for delivery of the work and the time for completion.The Board shall pay all Bangladesh customs and import duties and all other leviesarising from the importation of all permanent material and equipment under thecontract, The Board shall provide its extreme effort to pay such levies in a timelymanner to avoid any extra cost thereon. The contractor shall submit to the owner 5(five) copies of non-negotiable shipping document ahead of shipment for arrangingpayment of such taxes and clearing the materials in time.The Board shall not bear any expenditure on account of import of cement, if any,by the Contractor.Normally, equipment and materials that will be incorporated in the permanentworks shall be transported by vessel. If the Contractor decides to air freight anyitems, the excess customs duty to be levied by customs authorities and excessfreight on account of air freight shall be borne by the Contractor.55.03 CONTRACTOR'S RESPONSIBILITY TO GET ACQUAINTED WITH BANGLADESHLAWS, IMPORT POLICY, ETC.The Contractor shall get himself acquainted with the relevant Bangladesh Laws aswell as the Import Policy of the Government of People's Republic of Bangladeshremaining in force regarding import of banned items, if any, during the execution ofthe Contract. In case of import of any banned items and/or contraband item, theconsequential effect shall rest with the Contractor. Similarly the Contractor shall beresponsible for any non-conformance of Bangladesh Laws either by his own92