Payment (GCC Clause 16). GCC 16.1—The method and conditions of payment to be made to the Supplier under this Contract shall be as follows: A. The Payment shall be in Pak Rupees. B. The payment shall be made to the Supplier on receipt of original delivery challan(s) and invoice(s) including those of GST and all taxes (if applicable) in duplicate duly completed in all respect and signed & stamped by the store officer / signed and stamped by Consignee, along with physical inspection report, carried out by the Committee, with certificate and test / analysis report to the effect that the supplies conform to specifications. C. The laboratory test / analysis charges of sample either against the tender or bulk supplies shall be borne by the Supplier. D. Upon submission of claim, the supplier shall be paid within thirty (30) days of receipt of the Goods at site after performing the requisite inspection and tests as mentioned in SCC 4.
Appears in 4 contracts
Samples: Tender Agreement, Tender Agreement, Tender Agreement
