Payment. The tenderer has to quote rate per ▇▇▇▇▇▇▇ on the schedule of Rates already fixed in consideration to Source to Destination for a Cluster and in consideration to the location of PPC and unloading points as well as the prevailing conditions in the districts such as road condition, toll gates, prevailing trends of inflation in fuel rates etc. i. The Payment will be made by the concerned District Manager of the Corporation on submission of bills, in triplicate, duly supported by consignee receipts on monthly basis. ii. The contractor should submit all the bills not later than 2 months from the date of expiry of the Contract so that the refund of the Security Deposit may be speeded up. In order to facilitate disposal of bills the Contractor is advised to submit bills monthly. iii. The tenderer, registered under GST shall ensure that the invoice to be raised with OSCSC is compliant with the provisions of the GST Law and contains the requisite details in an accurate manner for claiming of tax credits by OSCSC. iv. OSCSC reserves the right to release the payment of GST amount (if applicable) only post matching of the invoices in the GSTN system. v. This shall be ensured by the tenderer registered under GST (if applicable), that the invoice raised by him during a month is appropriately reported in the GST Returns of the said month.
Appears in 2 contracts