|| As per Notification No. 05/2018 CUSTOMS Dt. 25.01.2018 ISRO is eligible to pay reduced rate of customs duty @ 5% + IGST 5%
(We will provide Customs Duty Exemption Certificate in case of Import Orders/ imported supplies/ High Sea Sales).
 Please provide your compliance to all of our tender terms, technical specifications and conditions, please upload all the relevant signed and scanned copies.
 Important Note: Please note that the general terms and conditions enclosed to the tender enquiry are prior to implementation of GST. All parties are requested to note the necessary changes in view of implementation of GST w.e.f 01.07.2017 and submit your bids accordingly.
 Delivery Terms (Our normal terms are FOR Sriharikota / FOR Sullurpeta) (Note: We are discontinued collection of the material at your site. Kindly quote on the price basis of FOR Srihrikota / FOR Sullurpeta only).
EARNEST MONEY DEPOSIT (EMD)/BID SECURITY :
(1) The tenderer has to submit an Earnest Money Deposit (EMD) for Rs.1,00,000/- in a single installment through Demand Draft (DD)/Bankerís Cheque/ Fixed Deposit Receipts or Bank Guarantee from any of the Scheduled Banks executed on non-judicial stamp paper of appropriate value. In case of Bank Guarantee, it shall be valid for a period of 45 days beyond the final tender validity date. It shall be taken in favour of Sr. Accounts Officer, SDSC SHAR payable at State Bank of India, Sriharikota branch. Any tender not accompanied with EMD shall be treated as invalid tender and rejected.
(2) Foreign vendors, registered vendors or vendors who have already applied for renewal of registration, Central PSUs /PSEs /Autonomous Bodies, Micro and Small Enterprises, KVIC, National Small Industries Corporation, etc., shall be exempt from the payment of EMD. Vendors seeking exemption from payment of EMD shall submit necessary documentary proof.
(3) EMD of a vendor shall be forfeited if the tenderer/Contractor
withdraws or amends his tender or deviates from the tender in any respect within the period of validity of the tender. Failure to furnish security deposit/performance bond by a successful vendor within the specified period shall also result in forfeiture of EMD.
(4) EMD shall be refunded to all the unsuccessful vendors within thirty days after placement of the Purchase Order. EMD shall be refunded to the successful tenderer/Contractor after payment of the Security Deposit or may be adjusted against the Security Deposit. EMD shall be refunded to all the participants in cases where the tender is cancelled or withdrawn by the Centre/Unit, within thirty days from the date of such cancellation or withdrawal.