9911796707
TMI BlogPurchases to be made by Government bodies from the dealers registered in DelhiX X X X Extracts X X X X X X X X Extracts X X X X ..... of Government of NCT of Delhi (GNCTD) and Local Bodies procure goods/supply items, etc. for their functional requirements through open tendering or at rate contract of pre-authorised agencies such as DGS&D, ICSIL, NICSI, DSIIDC, Kendriya Bhandar, etc. In many such purchases, the goods are supplied through sale invoices by vendors from their offices/branches outside Delhi. Result, the Value Added ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... r in Delhi and against a sale invoice issued from Delhi. The delivery of goods shall also be made from Delhi. The bidder dealer or its authorised distributor, as the case may be, who supplies the goods should be registered with the Delhi VAT Department and carry a valid Tax Identification Number issued by it. The bidder shall, however, be responsible for compliance with all conditions, warranties/ ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... 60,625 (12.5% of ₹ 4.85 lakh) as VAT. Thus, the total sale price would become ₹ 5,45,625 for purchase from Delhi. In case of purchase from Gurgaon, the sale price would be ₹ 5,34,375, inclusive of full CST (12.5% of ₹ 4.75 lakh) payable to Haryana Government. Thus, there is increase in sale price for the Indenting organization by ₹ 11,250 in case of local purchase but ..... X X X X Extracts X X X X X X X X Extracts X X X X
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