Armoured Vehicles Nigam Limited Vendor Code Creation Tender India 2026 GST Compliance & EFT Mandate

Bidders must be established GeM firms, submit PAN, GSTIN, cancelled cheque, and EFT mandate certified by a bank. Prepare GST documentation, ensure GeM registration, and comply with the 50% option clause on quantity. Follow GeM portal steps for bid submission and ensure GST terms align to actuals or quoted rate.

Required documents include PAN Card, GSTIN, Cancelled Cheque, and EFT Mandate certified by the bank. Ensure GST registrations are active and you have GeM vendor registration. Non-submission of these items may disqualify the bid on GeM platform.

GST will be reimbursed per actuals or per applicable rates, whichever is lower, capped at the quoted GST percentage. This requires accurate GST invoicing and alignment with GST law. Ensure your bid clearly states GST obligations and calculations.

Delivery terms start from the last date of the original delivery order. If the option clause is exercised, additional time is calculated as (increased quantity/ original quantity) × original delivery period, with a minimum of 30 days.

The purchaser may increase or decrease the quantity by up to 50% at contract placement and during the currency of the contract, at contracted rates. Vendors must plan for scalable production and delivery capabilities to meet variable demand.

Only established and registered GeM firms are eligible. Bidders must submit PAN, GSTIN, Cancelled Cheque, and EFT Mandate. ATC/ATC-like communications specify compliance for LTE procurement via GeM; non-registered bids are ignored.

The EFT Mandate ensures electronic fund transfers for payments. It must be bank-certified and accompany the bid submission. This enables timely settlements and aligns with GST and payment terms outlined in the GeM procurement process.

Bids from non-registered or ineligible firms shall be ignored per ATC terms. Ensure GeM registration, firm eligibility, and compliance with all submission documents to avoid disqualification.