Local supplier definition

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content of 50% as prescribed in DIPP Order No.P-45021/2/2017-PP (BE-II) dated 28th May, 2018 or by the competent Ministries/Departments in pursuance of this order.
Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed under this Order or by the competent Ministries / Departments in pursuance of this order.
Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed at sr. no. i. above.

Examples of Local supplier in a sentence

  • The Local supplier whose quoted price falls in the Margin of Purchase Preference desirous of claiming benefit of the Order No. P- 45021/2/2017-PP (BE-II) dated 16-Sep-2020 (as amended from time to time), shall submit an undertaking within 7 days of opening of Financial Bid, that he would be ready to supply the product at L1 price.


More Definitions of Local supplier

Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content. ‘Local Content’ means the mount of value added in India, which shall, unless otherwise prescribed, be the total value of the item procured (excluding net domestic indirect taxes) minus the value of imported content in the item (including all custom duties) as a proportion of the total value, in percent.
Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum 50% local content.
Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed in DIPP Order No.P-45021/2/2017-PP (BE-II) dated 29.05.2019 or by the competent Ministries/Departments in pursuance of this order.
Local supplier means a supplier whose product offered for procurement meets the local content as prescribed.
Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed. The minimum local content shall be 50%.
Local supplier means a supplier or service provider whose product or service offered for procurement meets the minimum local content as prescribed under the aforesaid order or by the competent Ministries/Departments in pursuance of the aforesaid order.
Local supplier means a supplier doing business in the Area for not less than the past five consecutive years.