COMMERCIAL TERMS & CONDITIONS
Price Basis:
                      Basic Price is Ex-Works. Freight Charges for dispatch by Road Nil. Please refer to our Financial Bid
                      for the same. Basic Price quoted is not firm but based on PV Clause as per PV Clause attached and
                      as stated below as per tender
                      Price Variation Clause:
                      The basic price of the battery quoted is based on M/s, HZL’s price of purity 99.99% of Lead of
                      Rs. 2, 07,300/- per MT (exclusive of all statutory duties & taxes) and also considering all discounts
                      offered by M/s, HZL (Ex-Chanderiya Smelter) in its price circular.
                      The basic price will subject to variation for every increase or decrease of Rs. 100/-(exclusive of all
                      statutory duties & taxes) on the above M/s, HZL’s price or part there of the price of the battery
                      quoted will be subject to an increase or decrease of Rs.32.40/-per battery set (exclusive of statutory
                      duties & taxes).
                      In the event of variation in M/s, HZL lead price as declared by HZL (Ex-Chanderiya Smelter) in its
                      price circular (exclusive of all statutory levies, duties, taxes and discounts if any)adjustments in
                      contract price upward /downward will be regulated with reference to the date of inspection call
                      offer. The basic price of M/S HZL lead(Ex Chanderia smelter)in its price circular (exclusive of all
                      statutory levies, duties, taxes and discounts if any )prevalent one month (i.e., 30 days) prior to the
                      date of Inspection Call for offering the batteries for inspection will be considered for computing the
                      PVC.
                      Further, for the purpose of aforesaid PVC, the basic price of Lead Ex. Chanderiya Smelter shall be
                      taken into account without referring to any discount mentioned in the HZL circular.
                      Rate of GST considered against this Tender is 28% and rate as applicable at the time and point of
                      dispatch will be considered. S.V.C.: Statuary variation clause due to change in Govt. Duties and
                      Levies at the time of supply will be applicable & will be to Purchaser’s account.
                      HSN No.
                      HSN No. 85072000
                      Payment Terms: 100% of the Invoiced Value including PVC against Receipt Note & IC Copy. For other
                      state Consignments, MCF Should clearly mention the GSTIN Number in the PO for sold to and ship to
                      party along with Address for which GST billing will be done.
                      Banker’s Details: HDFC Bank. Stephen House Branch, 4, B.B.D.Bag. Kolkata -700001.
                      MICR Code – 700240002. Bank Code – HDFC0000008. A/C No – 00080110000028.
                      Type of A/C – Cash-Credit. Branch Tel No. – (033) 3984 8705 - 07.
                      Inspection Authority:
                      TPI
                      Place of Inspection: Exide Industries Ltd, Survey No. 246, Chichurakanapalli, Sevaganpalli
                      Panchayath Hosur Taluk, Krishnagiri District, Tamil Nadu 635 103.
                      Tamil Nadu GSTIN NO- 33AAACE6641E1Z2
Signature Not
Verified
Digitally signed by
CHANDAN BASAK
Date: 2025.05.16
11:11:35 IST
Reason: IREPS-CRIS                                                  page 1 of 2
Location: New Delhi
Placement of Order: P.O. may kindly be placed on Exide Industries Ltd. Exide House, 59 E,
Chowringhee Road, Kolkata -700020.
West Bengal GSTIN No- 19AAACE6641E1ZS
Road Permit: NOT Applicable
E-mail: Rajneesh.Bhatia@exide.co.in
Validity of Offer: 90 days as per Tender terms and conditions.
Delivery Schedule: Supply will commence after 03 months from the date of receipt of technically
and commercially clear Po. And will be completed thereafter in next 03 months.
S.V.C.: Statuary variation clause due to change in Govt. Duties and Levies at the time of supply
Will be applicable and will be to Purchaser’s account.
E.M.D.: Battery offered is RCF approved. Hence sought exemption.
Security Deposit:
Battery offered is RCF approved, hence sought exemption.
Fall Clause: Not acceptable as it has already been deleted in IRS Conditions of
Contract.
Force Majeure: Force Majeure clause will be applicable for the situation beyond our control.
GST: We hereby declare that in quoting the above price we have taken in account the all set off/
Input Tax credit on account of GST credit on inputs wherever applicable. We also hereby declare
that we agree to pass on such additional set off/input tax credit as may become available in future
under the GST scheme in respect of all the inputs used in the manufacture of the final product on
the date of the supply, by way of reduction in price and advise the purchaser accordingly.
Item Description: Offered Battery is as per RDSO SPECIFICATION No. RDSO/PE/SPEC/AC/0009-2014
[REV-2].
Packaging: Packaging will be as per our earlier supplies to MCF.
                                             page 2 of 2