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Tender > 2010-11





INDIA TRADE PROMOTION ORGANISATION
(A Government of India Enterprise)

Website:http://www.indiatradepromotion.org


No. 249-ITPO/FFA/cs/2010-11 Dated: 08-01-2011


Notice Inviting Quotation

Subject: Empanelment Of Agency for claiming VAT Refunds


ITPO is a central PSU and participates / organize events globally and incurs expenditure in FC. The estimated annual amount of Expenditure eligible for VAT claims works out to Rs.35 Lakhs (approx.) ITPO wish to empanel agencies initially for a period of one year to claim the refund of VAT from the concerned overseas authorities on commission basis.

Interested Agencies may submit their offers to Mr.Gajraj Singh, Senior Manager (Finance), Pragati Maidan, New Delhi-01 latest by 24/01/2011. For documents to be enclosed and other terms and conditions, our aforesaid webside may be referred.









INDIA TRADE PROMOTION ORGANISATION
(FINANCE & ACCOUNTS DIVISION)


Documents to be submitted by the VAT Agencies:-


1. Registration Certificates of the agency with various statutory authorities including Income Tax and Service Tax.
2. Turnover of the Agency alongwith a copy of the Audited Balance Sheet and the Annual Report for 2009-10
3. Bank Guarantee of Rs.3.00 lakhs or DD drawn in favour of ITPO payable at New Delhi from a scheduled bank with validity for the period of contract.
4. Profile of the agency alongwith the names of the PSUs and Companies for which it has been employed for VAT Refunds.
5. The Countries in which the Agency will undertake refund of VAT.
6. Quote the percentage of commission (plus service tax) based on the amount of actual refund amount.


The empanelment of agency will be for a period of one year which will be extendable subject to review of the performance.

The VAT agency will be required to deposit full VAT refunds to ITPO. Thereafter ITPO will separately release the amount of commission as agreed after deduction of TDS as applicable. An agreement will be entered into with the selected agencies for this purpose.

ITPO reserves the right to accept or reject any offer without assigning any reason.

Pragati Bhawan, Pragati Maidan, New Delhi-110 001,
E-mail : info@itpo-online.com