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Rules for procurement

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Virendra Hardiya

Sr. Excise Executive

48 Points Joined December 2015

Hallo Sir,

1. We purchases our inputs from many Compaies ("X"Y"Z").

2. We are "M" and manufacture our finished goods e.i."liquid injections".

3. We remove the finished goods to Marchant Exporter "O" against CT-1 Bond received from "O".

4. "O" provide us proof of exports/Form-H.

In the above example we "M" take cenvat credit come from "X"Y"Z", But we do not pay excise against CT-1 exports. Therfore our cenvat credit is not usfull for us. So we wish to procure inputs without Excise payment from "X"Y"Z".

please show the way...Thanks

Virendra Hardiya

Replies (1)

Sanjay Vyas

Co-founder

92 Points Joined May 2018

Almost all the government entities will have their own rules for procurement. But in general public procurement across the globe follow few basic pricilples:

Transparancy, Equal opportunity, value for money and money to be spent only for the purpose it is intended for.

In case of only one response, generally all government entities will go for re-tender. But even after re-tendering there is only one response then depending upon the value of item to be purchased, price quoted by the bidder and urgency of the procurement, they may award the contract to the single bidder.

this article might be useful for your question. https://www.tendersontime.com/publish-tender/