Rates :

The above rate shall remain fixed & firm during the currency of the contract and inclusive of free delivery of stores at Consignee Stores/site anywhere in Maharashtra. The rates are also inclusive of full Sales Tax, Surcharge on ST,  Excise Duty, Transit Insurance, Loading -Unloading , stacking of the goods at consignee stores/site, but excluding octroi charges and local levies.

Octroi  and Local Levies: 

Octroi charges and local levies at actual shall be reimbursed by the consignees who are not entitled to issue octroi exemption certificates, and excemption from Local Levies.

Distribution of the Order  :

Order shall be distributed as per the guidelines given by the Stores Purchase Committee.

Inspection and Testing of Pipes  :

As Per Govt. directives pre-despatch inspection/testing of the stores with ISI Mark by third party inspection agency is not necessary but consignee is required to inspect the stores and satisfy about the quality before accepting the same. However, if consignee desires pre-despatch inspection/testing of the stores with ISI Mark, same shall be carried out at the cost of consignee. Pre-despatch inspection/testing of the stores shall be done by third party inspection agencies like DGS&D/EIL/RITES.

Timely Inspection of Stores  :

Consignee of third party inspection agency as the case may be shall ensure the inspection  of the stores is carried out immediately and in any case within 10 days from the date of receipt of inspection call letter and demand draft towards inspection fees.

Marking of Pipes  :

Each pipe shall bear manufacturer's name and every pipe shall have 'Maharashtra Govt stencilled on it along with dia and class of pipes.

Payment   :

As per Govt. in Industries, Energy  & Labour Deptt. GR.No. SPO-1093/(2632)/IND-6  Dt.03.06.93 and dt.06.08.97, the Consignee/Indentor is required to release 90% payment of the Stores within 10 days from the date of receipt of stores and balance 10% payment within 20 days.  Before placing of order,  the consignee/indentors are requested to ensure the availablity of the funds to avoid penal interest . As per the provisions of the act '  The interest on delayed payment to Small Scale and Ancillary Industrial Undertaking Act-1993,' the Corporation is eligible for recovering the interest for delay in receiving the payment.

MSSIDC being an Agency nominated by the State Govt. to operate the Rate Contract vide GR dt.02.01.92, Indentors/consignees who are the actual consumer of the stores,shall be solely responsible for the interest on the delayed payment beyond the terms mentioned above.