Common use of EXEMPTION OF EMD Clause in Contracts

EXEMPTION OF EMD. 1.3.1 The MSME‟s which have filed Udyog Aadhaar Memorandum (UAM) and obtained UAN (Udyog Aadhaar Number) with registration certificate shall be exempted. The Small Scale Industrial units located within the State and Registered with the Tamil Nadu Small Industries Development Corporation or the National Small Industries Corporation or Holding Acknowledgement issued for Entrepreneur Memorandum Part-II obtained from the District Industries Center in respect of those items for which the Registration Certificate/ Acknowledgement has been issued, Department of the Government of Tamilnadu and Undertakings and Corporations owned by Government of Tamil Nadu, Labour Contract Co-operative Societies, Tiny Industries classified under SSI registered with the State of Tamil Nadu and Registration Certificate issued by Department of Industries and Commerce/Government of Tamil Nadu, Small Scale Industrial Units located outside the State and such of these units registered with National Small Industries Corporation in respect of the items manufactured by them are the only categories of Institutions/Industries exempted from the payment of Xxxxxxx Money Deposit, Udyog Aadhaar Memorandum submitted by bidders shall also be accepted for permitting EMD exemption in respect of SSI units while participating in TANTRANSCO tenders. 1.3.2 Exemption from payment of EMD to Micro & Small Industries under MSMED Act 2006 – Re classification of Enterprises by composite criteria – NOTIFICATION – Reg. Government of India, Ministry of MSME, vide NotificationNo.S.O.2119 (E) dated 26.06.2020 has notified certain composite criteria for classifying the enterprises as Micro, Small and Medium Enterprises and insisted Udyam registration in “Udyam Registration Portal” to obtain an e-certificate viz. Udyam Registration Certificate. i) Composite Criteria: A composite criterion of investment in Plant and Machinery or equipments and turnover has been specified to classify enterprises as Micro, Small and Medium. The composite criteria stipulated in the said notification are to be complied by the micro and small industries for claiming EMD exemption and purchase preference in TANTRANSCO tenders floated from 01.07.2020 onwards.

Appears in 3 contracts

Samples: Work Contract, Works Contract, Works Contract

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EXEMPTION OF EMD. 1.3.1 The MSME‟s MSME’s which have filed Udyog Aadhaar UdyogAadhaar Memorandum (UAM) and obtained UAN (Udyog Aadhaar UdyogAadhaar Number) with registration certificate shall be exempted. The Small Scale Industrial units located within the State and Registered with the Tamil Nadu Small Industries Development Corporation or the National Small Industries Corporation or Holding Acknowledgement issued for Entrepreneur Memorandum Part-II obtained from the District Industries Center in respect of those items for which the Registration Certificate/ Acknowledgement has been issued, Department of the Government of Tamilnadu and Undertakings and Corporations owned by Government of Tamil Nadu, Labour Contract Co-operative Societies, Tiny Industries classified under SSI registered with the State of Tamil Nadu TamilNadu and Registration Certificate issued by Department of Industries and Commerce/Government of Tamil Nadu, Small Scale Industrial Units located outside the State and such of these units registered with National Small Industries Corporation in respect inrespect of the items manufactured by them are the only categories of Institutions/Institutions / Industries exempted from the payment of Xxxxxxx Money Deposit, Udyog Aadhaar Memorandum submitted by bidders shall also be accepted for permitting EMD exemption in respect of SSI ofSSI units while participating in TANTRANSCO tenders. 1.3.2 Exemption from payment of EMD to Micro & Small Industries under MSMED MSME Act 2006 – Re classification –Reclassification of Enterprises by composite criteria – NOTIFICATION – Reg. Government of India, Ministry of MSME, vide NotificationNo.S.O.2119 (ES.O.2119(E) dated Dated 26.06.2020 has notified certain composite criteria for classifying the enterprises as Micro, ,Small and Medium Enterprises and insisted Udyam registration in registrationin “Udyam Registration Portal” to obtain an e-certificate viz. Udyam Registration Certificate. i) Composite Criteria: A composite criterion of investment in Plant and Machinery or equipments equipment and turnover has turnoverhas been specified to classify enterprises as Micro, Small and Medium. The composite criteria stipulated in the said notification are to be complied by the micro and small industries for claiming EMD exemption and purchase preference in TANTRANSCO tenders floated from 01.07.2020 onwards.

Appears in 1 contract

Samples: Works Contract

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