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| # | Item / Material | HSN/SAC Code | UOM | Qty | Unit Rate (₹) | GST % | Total (₹) | |
|---|---|---|---|---|---|---|---|---|
| 1 | ₹21,96,600 | |||||||
| 2 | ₹8,08,300 | |||||||
| 3 | ₹2,97,360 |
1. SCOPE OF SUPPLY
The Vendor shall supply the items as listed in the line items section in accordance with the specifications provided by VCNR Technologies India Private Limited ("Buyer"), for the laboratory furniture manufacturing facility in Bangalore, Karnataka.
2. DELIVERY SCHEDULE
All items shall be delivered within 45 working days from the date of individual Purchase Orders raised under this contract. Partial deliveries are acceptable subject to prior written approval from the Buyer.
3. QUALITY ASSURANCE
All materials supplied must conform to IS/BIS standards and applicable laboratory safety norms. Test certificates, material certificates, and compliance documentation must accompany each delivery. The Buyer reserves the right to reject non-conforming materials at the Vendor's cost.
4. PAYMENT TERMS
Payment shall be made within 30 days from the date of receipt of valid GST invoice and successful three-way match (PO-GRN-Invoice). TDS deductions shall be applicable as per the Income Tax Act, 1961.
5. LIQUIDATED DAMAGES
For delays beyond the committed delivery schedule, LD @ 0.5% per week of delay shall be applicable, subject to a maximum of 5% of the PO value.