Excise And Taxation Department Tender

The financial eligibility points for bidders to participate in this tender can be clustered into the following categories: 1. Income Tax Returns: Bidders must submit proof of filing Income Tax Returns for the last three assessment years. 2. CIBIL Score: Bidders must submit a certified copy of their CIBIL Score. 3. Security Deposit: - Earnest Money Deposit (EMD): 3% of the reserve price for one group, and for more than one group, 3% of EMD for each group. - Security Money: 15% of the discovered license fee for a Group. - Additional security: 10% of the difference between the discovered license fee/bid and the reserve price if the discovered license fee/bid exceeds the reserve price of a Group by 20%. 4. Other financial requirements: - Security amount payment schedule: - 3% of the security amount (EMD) adjusted in the security. - 4% of the security amount deposited within 48 hours of the allotment of the Group. - 5% of the security amount deposited within 7 days of the allotment of a Group or by 31st March, 2025, whichever is earlier. - An additional 3% deposited by 30th April, 2025. No specific values or percentages are mentioned for net worth, turnover, revenue, or net profit.