Common use of FREIGHT PAYMENT Clause in Contracts

FREIGHT PAYMENT. a) Transporter shall raise the bills after completion of the transportation of all the consignments & payment will be made within 45 days from the date of receipt of bills. Delivery challans accepted by the consignee are to be submitted along with the bill. b) Mode of payment of freight will be either on: "To Pay" [TP] (i.e. to be paid by Consignee) basis after receipt of goods at destination, OR To be billed" [TBB] (to be paid by BHEL-CSU & FP Jagdishpur) after satisfactory delivery of goods to Consignee and production of documentary evidence in support thereof. c) Transporters shall submit their freight bills along with LR/GR copy acknowledged by consignee in original or delivery ▇▇▇▇▇▇▇ accepted by the consignee in original and BHEL Jagdishpur weighing slips. Only BHEL Jagdishpur weighing slip will be considered and used for freight calculation. d) All freight payment will be made through e-Payment after deducting TDS as per applicable law. Total freight amount will be rounded off to nearest full rupee value for claiming freight charges. e) ODC Payment: Transporter shall claim the ODC charges on their freight bills. Payment against ODC charges shall be made as per formula mentioned in the contract. f) Payment of freight bills shall normally be made within 45 days of presentation of the bill, duly supported with the acknowledgement on the LR/GR. The consignee’s acknowledgement obtained on the LR/GR should clearly indicate the Vehicle Registration Number(s) on which the consignments have been delivered to the consignee, clearly indicating the date of delivery. g) Freight Bills submitted after 90 days from the date of delivery will not be accepted unless transporter explains the delay in writing. h) For extra weight carried by the vehicle beyond the capacity due to exceptional circumstances, payment will be made on pro-rata basis. i) Freight charges for consignments acknowledged on delivery under damage/shortage/ discrepancy condition(s) shall be paid only after clearance by the consignee in regard to acceptance of consignments or settlement of insurance claim by underwriters in case of equipment damage. j) Any levies or cess, if legally applicable on the freight charges shall be reimbursed on production of documentary evidence, along with the freight bills. k) In terms of Service Tax applicable under prevailing Act thereto, the transporters in their freight bills will ensure an endorsement of certificate stating that they have not availed CENVAT Credit of duty paid.

FREIGHT PAYMENT. a) Transporter shall raise the bills after completion of the transportation of all the consignments & payment will be made within 45 days from the date of receipt of bills. Delivery challans accepted by the consignee are to be submitted along with the bill. b48.1) Mode of payment of freight will be either on: ": i) To Pay" [TP] (i.e. to be paid by our Consignee/Customer) basis after receipt of goods at destination, OR or ii) To be billed" /Prepaid” [TBB] (to be paid by BHEL-CSU & FP Jagdishpur) after satisfactory delivery of goods to Consignee Consignee/Customers or to our stores at BHEL Haridwar and production of documentary evidence in support thereof. c48.2) Transporters shall submit their All freight bills along with LRpayments for (a) incoming consignments to Haridwar and (b) from one destination to another, under category ‘To be billed/GR copy acknowledged by consignee in original or delivery ▇▇▇▇▇▇▇ accepted by the consignee in original and BHEL Jagdishpur weighing slips. Only BHEL Jagdishpur weighing slip Prepaid’ will be considered and used for freight calculationpaid at Haridwar through CSX. d48.3) For Outgoing consignments despatched from Haridwar under ‘To be Billed/Prepaid category, payment will be made at Haridwar only after submission of acknowledgement from site/customer in the prescribed manner, through CDX. 48.4) All freight payment will be made through e-Payment e- payment after deducting TDS as per applicable law. Total freight amount will be rounded off to nearest full rupee value for claiming freight charges. e) ODC Payment: Transporter shall claim the ODC charges on their freight bills. Payment against ODC charges shall be made as per formula mentioned in the contract. f48.5) Payment of freight bills shall normally be made within 45 30 days of presentation of the bill, bills duly supported with the acknowledgement on the LR/by properly acknowledged GR. The consignee’s acknowledgement obtained on the LR/GR should also clearly indicate bear the Vehicle Registration Number(s) registration number of the vehicle on which the consignments have consignment has been delivered dispatched. Freight bills shall be submitted in Performa attached at Annexure-J along with following documents: a) Original freight bill (4 copies) b) Original acknowledged GR with 2 photocopies c) Loading plan, Gate pass, Requisition (2 copies each) d) Approval for transshipment if transshipment/puller change is done enroute e) Approval for diversion if the consignment is diverted from original destination 48.6) Transporter will furnish money receipt for the freight payment wherever required within 15 days of the receipt of the payment, failing which the amount paid can be recovered back / withheld from his further bills. Security deposit of a transporter will not be released unless money receipts (wherever required) against all the freight payments made to the consignee, clearly indicating the date of deliveryhim has been received. g48.7) Freight Bills submitted after 90 30 days from the date of delivery will not be accepted unless transporter explains the delay in writing. h) For extra weight carried by the vehicle beyond the capacity due to exceptional circumstances, payment will be made on pro-rata basis. i48.8) Freight charges for consignments acknowledged on delivery under damage/shortage/ discrepancy condition(s) shall be paid only after clearance by the consignee concerned product commercial in regard to acceptance of consignments by Customer, or settlement of insurance claim by underwriters in case of equipment damage. j48.9) Any levies or cess, if legally applicable The PAN Number & GST Number shall be pre-printed on the freight charges bill. GST as applicable shall be reimbursed paid by BHEL. Input TAX credit would be available to BHEL. In the event of any disallowance of input credit or applicability of interest or any other financial liability arises on production BHEL-Haridwar due to any default of documentary evidencetransporter under GST, such implication shall be to transporter’s account. The bidder to provide status under Goods and Service Tax, registered or un-registered. If Goods Transport Agency (GTA) is registered under GST, copy of GST registration to be provided along with technical bid. The bidder shall clearly indicate Service Accounting Code (SAC Code), its description and applicable rate of GST in his technical bid. As per Notification No. 20/2017-Central Tax (Rate) 22nd August, 2017, Goods Transport Agency is having option to opt either 5% GST rate without input tax credit to GTA, which shall be paid by Service Recipient under Reverse Charge Mechanism (RCM) or 12% GST rate with input tax credit to GTA payable under forward charge by GTA. The bidder shall clearly provide option opted and same shall be valid for the freight billssaid financial year. k48.10) In terms of Service Tax applicable under prevailing Act thereto, the transporters in their freight bills Freight increase on any account will ensure an endorsement of certificate stating that they have not availed CENVAT Credit of duty paidbe permissible.

FREIGHT PAYMENT. a) Transporter shall raise the bills after completion of the transportation of all the consignments & payment will be made within 45 days from the date of receipt of bills. Delivery challans accepted by the consignee are to be submitted along with the bill. b) Mode of payment of freight will be either on: "To Pay" [TP] (i.e. to be paid by Consignee) basis after receipt of goods at destination, OR To be billed" [TBB] (to be paid by BHEL-CSU & FP FSIP Jagdishpur) after satisfactory delivery of goods to Consignee and production of documentary evidence in support thereof. c) Transporters shall submit their freight bills along with LR/GR copy acknowledged by consignee in original or delivery ▇▇▇▇▇▇▇ ddelivery challan accepted by the consignee in original and BHEL Jagdishpur weighing slips. Only BHEL Jagdishpur weighing slip will be considered and used for freight calculation. d) All freight payment will be made through e-Payment after deducting TDS as per applicable law. Total freight amount will be rounded off to nearest full rupee value for claiming freight charges. e) ODC Payment: Transporter shall claim the ODC charges on their freight bills. Payment against ODC charges shall be made as per formula mentioned in the contractRTO original receipts challan basis. f) Payment of freight bills shall normally be made within 45 days of presentation of the bill, duly supported with the acknowledgement on the LR/GR. The consignee’s acknowledgement obtained on the LR/GR should clearly indicate the Vehicle Registration Number(s) on which the consignments have been delivered to the consignee, clearly indicating the date of delivery. g) Freight Bills submitted after 90 days from the date of delivery will not be accepted unless transporter explains the delay in writing. h) For extra weight carried by the vehicle beyond the capacity due to exceptional circumstances, payment will be made on pro-rata basis. i) Freight charges for consignments acknowledged on delivery under damage/shortage/ discrepancy condition(s) shall be paid only after clearance by the consignee in regard to acceptance of consignments or settlement of insurance claim by underwriters in case of equipment damage. j) Any levies or cess, if legally applicable on the freight charges shall be reimbursed on production of documentary evidence, along with the freight bills. k) In terms of Service Tax GST applicable under prevailing Act thereto, the transporters in their freight bills will ensure an endorsement of certificate certificate/declaration stating that they have not availed CENVAT Credit GST input of duty GST paid. Bidder shall also provide their GSTN or Transporter ID as applicable.

FREIGHT PAYMENT. a) Transporter shall raise the bills after completion of the transportation of all the consignments & payment will be made within 45 days from the date of receipt of bills. Delivery challans accepted by the consignee are to be submitted along with the bill▇▇▇▇. b) Mode of payment of freight will be either on: "To Pay" [TP] (i.e. to be paid by Consignee) basis after receipt of goods at destination, OR To be billed" [TBB] (to be paid by BHEL-CSU & FP CS&FP Jagdishpur) after satisfactory delivery of goods to Consignee and production of documentary evidence in support thereof. c) Transporters shall submit their freight bills along with LR/GR copy acknowledged by consignee in original or delivery ▇▇▇▇▇▇▇ challan accepted by the consignee in original and BHEL Jagdishpur weighing slips. Only BHEL Jagdishpur weighing slip will be considered and used for freight calculation. d) All freight payment will be made through e-Payment after deducting TDS as per applicable law. Total freight amount will be rounded off to nearest full rupee value for claiming freight charges. e) ODC Payment: Transporter shall claim the ODC charges on their freight bills. Payment against ODC charges shall be made as per formula mentioned in the contract. f) Payment of freight bills shall normally be made within 45 days of presentation of the bill▇▇▇▇, duly supported with the acknowledgement on the LR/GR. The consignee’s acknowledgement obtained on the LR/GR should clearly indicate the Vehicle Registration Number(s) on which the consignments have been delivered to the consignee, clearly indicating the date of delivery. g) Freight Bills submitted after 90 days from the date of delivery will not be accepted unless transporter explains the delay in writing. h) For extra weight carried by the vehicle beyond the capacity due to exceptional circumstances, payment will be made on pro-rata basis. i) Freight charges for consignments acknowledged on delivery under damage/shortage/ discrepancy condition(s) shall be paid only after clearance by the consignee in regard to acceptance of consignments or settlement of insurance claim by underwriters in case of equipment damage. j) Any levies or cess, if legally applicable on the freight charges shall be reimbursed on production of documentary evidence, along with the freight bills. k) In terms of Service Tax applicable under prevailing Act thereto, the transporters in their freight bills will ensure an endorsement of certificate stating that they have not availed CENVAT Credit of duty paid.