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Time 10.50 AM 11.30 AM 12.30 AM
1 TAX AND Informed that they Informed that they considered Informed that they
DUTY considered basic price basic price given as exclusive of have considered basic
given as inclusive of tax and duty.LTSB and Elhanan price exclusive of taxes
tax and duty.LTSB and insisted they must split the rate and duty.
Elhanan insisted they into basic price and tax and
must split the rate duty head so that SEZ Informed that they
into basic price and exemption can be passed on. have considered excise
tax and duty head so SAAG RR agreed to send the duty of 10.3% ,VAT
that SEZ exemption modified quote by 31.12.2010 12.5% - 4% ( varies item
can be passed on. evening. to item).
NAPC agreed to send
the modified quote by Cement -12.5% VAT
1.1.2011 evening. considered
Steel-12.5% VAT
considered
2 Payment As per our terms and As per our terms and As per our terms and
Terms conditions conditions conditions
3 Input Service NAPC informed 4.12 % Informed that input service tax Input service tax is
tax service Tax is excluded is considered in their quote but considered in their bid.
from their quote.LTSB output tax is excluded. Output service tax is
asked for confirmation not considered.
on nature of input
services considered in
their quote and same
should be informed by
03.01.2011.
4 Steel cost for NAPC informed they Included Included
pile have considered only
labour for piling. Steel
cost will be added to
the quote given and
after adding that
modified amount for
piling stands as
Rs.24694772.00 which
is signed and handed
over to LTSB .
5 Statement LTSB informed they Statement will be send by Statement will be
for material should provide 31.12.2010 evening provided after
and labour separate statement reworking the cement
with for all major materials consumption quantity.
separated breaking them in basic Same will be submitted
tax and duty price and taxes and by 31.12.2010 evening.
head. duties column.
Overheads and labor
can be added as other
cost column and total
value should match
the quote .

6 Terms and NAPC informed they Accepted all terms and Accepted all terms and
condition have read, understood conditions conditions. Requested
and accepted all terms LTSB to provide space
and conditions of the for labour shelter
contract. inside the site. LTSB
confirmed that space
will not be provided by
us.
7 Material Steel- 1101 Ton
Quantity
considered Cement-12000 bags
(excluding
flooring,tiling,plasterin
g,pavement etc).

Elhanan insisted that


Cement quantity to be
revised. Leo promised
to get back with revised
quantity ASAP.
8 Elhanan NAPC informed that Saag RR informed that except Leo informed that after
comments in they have checked all some items they will reduce all their rate
the rate on their rates and given the rate for other items verification they had
submitted over all 2.5% discount given 1% discount
quote
9 Discount 2.5% offered. Details They will rework some high 1% discount on overall
will be provided by rates quoted in the bid and quote is offered. Final
3.1.2011 come up with final discounted discounted offer will be
quote by 31.12.2010 evening. provided by 31.12.2010
evening.

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