Common use of Goods and Service Tax (GST Clause in Contracts

Goods and Service Tax (GST. 1) Goods and Services Tax (GST), as mentioned in Annexure - A shall be reimbursed only upon its population in the GST Portal. The Purchaser will not be liable to pay any increase in Goods & Services Tax, if the contract is delayed beyond the contractual period. 2) The Contractor shall submit the "Declaration Form for GST" (enclosed as Annexure - D) to the Purchaser duly signed by the Contractor or their authorized representative with company seal along with invoice (s). 3) ANTI-PROFITEERING RULES 2017, AS PER GST ACT 2017 3 (i) In compliance to Anti-Profiteering Rules 2017 (of CGST Act 2017), the contractor shall ensure that reduction in rate of tax on supply of Goods or Services or both or the benefit of Input Tax Credit (ITC) has been passed on by the contractor to the Purchaser through commensurate reduction in price (s)

Appears in 46 contracts

Samples: npcil.etenders.in, npcil.etenders.in, npcil.etenders.in

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Goods and Service Tax (GST. 1) Goods and Services Tax (GST), as mentioned in Annexure - A shall be reimbursed only upon its population in the GST Portal. The Purchaser will not be liable to pay any increase in Goods & Services Tax, if the contract is delayed beyond the contractual period. 2) The Contractor shall submit the "Declaration Form for GST" (enclosed as Annexure - D) to the Purchaser duly signed by the Contractor or their authorized representative with company seal along with invoice (s). 3) ANTI-PROFITEERING RULES 2017, AS PER GST ACT 2017 3 (i) In compliance to Anti-Profiteering Rules 2017 (of CGST Act 2017), the contractor shall ensure that reduction in rate of tax on supply of Goods or Services or both or the benefit of Input Tax Credit (ITC) has been passed on by the contractor to the Purchaser through commensurate reduction in price (s). 4) Contractors GSTIN No. is -00XXXXX0000X0X0 5) Purchasers GSTIN No. is 00XXXXX0000X0XX

Appears in 1 contract

Samples: npcil.etenders.in

Goods and Service Tax (GST. 1) Goods and Services Tax (GST), as mentioned in Annexure - A shall be reimbursed only upon its population in the GST Portal. The Purchaser will not be liable to pay any increase in Goods & Services Tax, if the contract is delayed beyond the contractual period. 2) The Contractor shall submit the "Declaration Form for GST" (enclosed as Annexure - D) to the Purchaser duly signed by the Contractor or their authorized representative with company seal along with invoice (s). 3) ANTI-PROFITEERING RULES 2017, AS PER GST ACT 2017 3 (i) In compliance to Anti-Profiteering Rules 2017 (of CGST Act 2017), the contractor shall ensure that reduction in rate of tax on supply of Goods or Services or both or the benefit of Input Tax Credit (ITC) has been passed on by the contractor to the Purchaser through commensurate reduction in price (s). 4) Contractors GSTIN No. is --3-3--A---A---X-X---A---0--9--7-7--A1Z2 5) Purchasers GSTIN No. is 00XXXXX0000X0XX

Appears in 1 contract

Samples: npcil.etenders.in

Goods and Service Tax (GST. 1) Goods and Services Tax (GST), as mentioned in Annexure - A shall be reimbursed only upon its population in the GST Portal. The Purchaser will not be liable to pay any increase in Goods & Services Tax, if the contract is delayed beyond the contractual period. 2) The Contractor shall submit the "Declaration Form for GST" (enclosed as Annexure - D) to the Purchaser duly signed by the Contractor or their authorized representative with company seal along with invoice (s). 3) ANTI-PROFITEERING RULES 2017, AS PER GST ACT 2017 3 (i) In compliance to Anti-Profiteering Rules 2017 (of CGST Act 2017), the contractor shall ensure that reduction in rate of tax on supply of Goods or Services or both or the benefit of Input Tax Credit (ITC) has been passed on by the contractor to the Purchaser through commensurate reduction in price (s). 4) Contractors GSTIN No. is ------------------------- 5) Purchasers GSTIN No. is 00XXXXX0000X0XX

Appears in 1 contract

Samples: npcil.etenders.in

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Goods and Service Tax (GST. 1) Goods and Services Tax (GST), as mentioned in Annexure - A shall be reimbursed only upon its population in the GST Portal. The Purchaser will not be liable to pay any increase in Goods & Services Tax, if the contract is delayed beyond the contractual period. 2) The Contractor shall submit the "Declaration Form for GST" (enclosed as Annexure - D) to the Purchaser duly signed by the Contractor or their authorized representative with company seal along with invoice (s). 3) ANTI-PROFITEERING RULES 2017, AS PER GST ACT 2017 3 (i) In compliance to Anti-Profiteering Rules 2017 (of CGST Act 2017), the contractor shall ensure that reduction in rate of tax on supply of Goods or Services or both or the benefit of Input Tax Credit (ITC) has been passed on by the contractor to the Purchaser through commensurate reduction in price (s)) 4 Security Deposit a) In terms of clause no. 3.4.2 of GCC/Supply-1/Rev-4, the Contractor shall furnish a Security Deposit for Rs. 534650 (

Appears in 1 contract

Samples: npcil.etenders.in

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