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Earnest money conditions for MSME

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(Querist)
24 February 2022 What are the facilities related to earnest money for tender in case of MSME. I am specifically asking about concessions and facilities for MSME when they are going for a tender.
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
24 February 2022 According to Rule 170 of GFR, there is an EMD exemption on tenders for MSME business.
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Anoop Singh

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Anoop Singh (Querist)
24 February 2022 Sir...what is GFR...pls explain.

Regards
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CA R SEETHARAMAN

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CA R SEETHARAMAN (Expert)
25 February 2022 GFR is general financial rules.
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