Purchase Order

Supplier Details

Supplier Code: 11363 PO# : 201038151

Techonology Xpress Info Solutions Pvt. Ltd. Status : APPROVED
1 st Floor,Premanjali Complex, Balaji Nagar, Pune-Satara Road, Date : 15-DEC-21
411043 Currency : INR
Pune Maharashtra INDIA Terms & Conditions : Annexure I to be referred
GST #27AADCT1214F1ZS Shipping Details : Annexure II to be referred
Bill To

Tikona Infinet Pvt. Limited. Requestor : Mr. TDN Purchasing

'Corpora', LBS Marg, Payment Terms : NET30
3rd Floor, Warranty : Refer Annexure-I
Bhandup (West), U74899MH1975PLC265837400078 Delivery :
Mumbai MH INDIA Shipping Terms :
GSTIN Number: 27AAACM6427C1ZR
Ship to HSN
Line Item Description Qty UOM Unit Price Total Price
Location Code
900380:-Functional Support for Oracle Application MON
1 Mumbai Modules 12 150000.00 18,00,000.00
TH
PO Description TOTAL PO Amount(Exclusive Of TAX) 18,00,000.00
IGST
PR no. 20137355 dtd. 10-Dec-21 towards Functional Support for
Oracle Application Modules for the period of Period Dec'21 to Tax Category CGST 1,62,000.00
Nov'22. SGST 1,62,000.00

Net Value Inclusive Of Tax 21,24,000.00

Total PO Value (in words): Twenty-One Lakh Twenty-Four Thousand Only

ORDER ACCEPTANCE:
Supplier shall acknowledge receipt of the Order or/and any change in Order within 48 hrs.
Order not acknowledged within a specified time from receipt shall consider as accepted with all terms and conditions.
REPRESENTATIONS AND WARRENTIES
Supplier warrants that the Supplier is registered for the GST when the Supplier accepts the PO
and will notify Tikona if it ceases at any time to be registered for GST.
Supplier represents and warrants that it will comply with all applicable local and national laws and
regulations pertaining to its performance of its obligations under this Purchase Order.
Supplier's failure to comply with this provision shall constitute a material breach of this Purchase Order.
PRICE:
Unless otherwise specified in the Purchase Order, the price for the Supply and Service includes all taxes
and other charges such as shipping and delivery charges, duties, customs, tariffs, imposts and government-imposed surcharges.

Tikona Infinet Private Limited

Srinivas Naik
Authorised Signatory

Tikona Infinet Private Limited

CIN: U74899MH1975PTC265837
Registered Office: 'Corpora', 3rd Floor, LBS Marg, Bhandup (West), Mumbai - 400078.

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Purchase Order

ANNEXURE I
PO No : 201038151
Terms of Payment:

•Unless otherwise stated in the Order, payment shall be made 30 days from the date of invoice provided that the Tikona receives a correct and valid
invoice and provided that the work is correctly delivered or properly performed and the Buyer accepted the Supply / Service.

•In order to avoid delay in payment, the supplier/service provider should submit the invoice with Tikona along with supply of Goods and for Service
within 5 days of acceptance by Tikona .

Delivery:

•Supplier to ensure delivery of material / services as per the dates mentioned in PO / agreed separately.
•The Supplier warrants that the supply shall / Service Conform to requirements, specifications, drawings, quality or any other descriptions outlined in the
RFQ and the Order
•If goods/service supplied are not found to be in accordance with specifications and do not fulfil the purpose for which this order is placed , they shall
be rejected at your expense and the order also may be cancelled. Supplier shall make the arrangements to take back the rejected
goods/service within 15 days of receipts of intimation of such rejection , and if Supplier fail to take back the goods/services within 7 days, TIKONA
shall be at liberty to send back the rejected goods/services at your risk & cost.

Additional Clause:

The Licensee through suitable agreement clauses with vendor shall ensure that the Vendor/ Supplier allow the Licensee, Licensor and/ or its designated
agencies to inspect the hardware, software, design, development, manufacturing facility and supply chain and subject all software to a security/ threat
check any time during the supplies of equipment. The number of such visits will be limited to two in a Purchase Order (PO). The expenditure for such
visits, limited up to 40 man-days per visit, for each purchase order of value above Rs.50 Crores, shall be borne by the LICENSEE directly or through
vendor.

GTC:

•Post 1st July 2017, Tikona will accept invoices in accordance with the GST Act. It is the responsibility of the supplier/service provider to submit invoices
compliant with Invoices Rules issued by the GST Council. In case of incorrect invoice, the same will be rejected and no payment will be made by Tikona.

•The Supplier/service provider should ensure that the Invoice consists of all details related to GST including but not limited to the following details,
without any discrepancy with PO of Tikona and all other contents as required under the GST Invoice Rules to enable Tikona to avail credit of GST
charged. The taxes charged should be separately disclosed on the invoice.
1)Consignor billing and shipping addresses with GST registration No.
2)Consignee billing and shipping addresses with GST registration No.
3)Product HSN Code
4)Appropriate GST tax
•Unless otherwise agreed ,separate invoices to be issued in respect of various States registered for GST purpose by Tikona, in which the supply is
made by the Supplier and accepted by Tikona, and value of supply /consideration for services, for each such State, should be determined as per the
applicable Laws/Acts/rules and regulations governing GST.
•It is the responsibility of the supplier/service provider to maintain a good compliance rating under GST to enable Tikona to avail GST credits. Incase the
vendor is blacklisted on GSTN, payment to the Supplier/service provider would be either blocked or only the basic value of the invoice would be paid by
Tikona as per Tikona management's decision on the matter.
•In case of any advance payments made by Tikona,the supplier/service provider has to submit an Advance Recipt document to acknowledge the
payment received containing the prescribed details
•It is the responsibility of the supplier/service provider to make payment of taxes recovered from Tikona.Further, the supplier/service provider would be
responsible to undertake all the necessary compliances under GST but not limited to filing of returns under the GST Act.
•Tikona would make payment of the invoice once the value of invoice and tax charged thereon is appearing in the GSTR-1 of Tikona. However, if the
tax is already paid by the Company, Tikona shall adjust such amount from the subsequent invoice(s) of the supplier/service provider. Tikona may also
consider to retain the tax component and release its payment only when the credit of the same is available
•Incase reverse charge of GST is applicable, the supplier/service provider should not charge any tax on its invoice.
•In an event of any change in tax invoice, due to any error or omission or for any other reason mutually agreed identified during reconciliation,
supplier/service provider would timely amend its GSTR-1 on the GSTN so that credit is available to Tikona.
•The gross up amount for GST is payable to the Supplier/service provider only if the Supplier/service provider issues a Tax Invoice for that supply or
transaction within the time limits set out under the applicable Law s/ Acts/ Rules and regulations governing GST that will allow Tikona to claim an
Input Tax Credit.
•Tax liability of Tikona is limited to payment of taxes charged by the Supplier/service provider. It is a Supplier / service provider'sresponsibility to
charge appropriate tax on the invoice.
•Any cost, if incurred by Tikona (including but not limited to loss of credit, tax, interest, penalty) due to non-compliance of GST law by the
supplier/service provider / any person appointed by supplier or service provider / third party contractor, should be refunded to Tikona within three months
of such notification by Tikona.
•Tikona would deduct GST TDS in cases supply made by the supplier/service provider are liable to GST TDS under the GST Act. Tikona shall issue
TDS certificate within the time limit prescribed under the applicable GST law/Acts/rules/regulations.
•In the event an adjustment arises in connection with a supply made under this PO, the supplier /service provide must give the other party a credit note
or debit note in accordance with the applicable GST Acts/rules and. Regulations.
•If payment paid to the Supplier by TIKONA under or in connection with this PO is paid free of withholding any Tax, and at any time after such payment,
TIKONA becomes aware (either by notification from a regulatory authority or otherwise), TIKONA will be entitled to recover from the Supplier that
amount of Tax and any subsequent amount which TIKONA may be required to pay to the regulatory authority. Such payments must be paid to TIKONA
within 30 days of receipt of notice from TIKONA.
•To the maximum extent permitted by law, the Supplier indemnifies Tikona against all actions, claims, costs, charges, damages, expenses, liabilities,
losses or damages (including legal costs on an indemnity basis, whether incurred by or awarded against Tikona) that Tikona may incur or sustain
arising out of or in relation to the performance or non-performance by the Supplier of its obligations under this PO / Agreement including the provision
of the Goods/services.

For Tikona Infinet Private Limited

Tikona Infinet Private Limited

CIN: U74899MH1975PTC265837
Registered Office: 'Corpora', 3rd Floor, LBS Marg, Bhandup (West), Mumbai - 400078.

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Purchase Order

Srinivas Naik

Authorised Signatory

Tikona Infinet Private Limited

CIN: U74899MH1975PTC265837
Registered Office: 'Corpora', 3rd Floor, LBS Marg, Bhandup (West), Mumbai - 400078.

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 Purchase Order

ANNEXURE II

Net
Line CGST SGST IGST TAX
Address Qty Unit price Basic Net Value
no Rate Rate Rate Amt
Value
Tikona Infinet Pvt. Limited. '
Corpora', LBS Marg, 3rd Floor,
Bhandup (West), 18,00,000.0 21,24,000.0
1 12 150000.00 9% 9% 3,24,000.00
U74899MH1975PLC265837 0 0
Mumbai MH INDIA
GST#27AAACM6427C1ZR
18,00,000.0 21,24,000.0
Total 3,24,000.00
0 0

Tikona Infinet Private Limited

CIN: U74899MH1975PTC265837
Registered Office: 'Corpora', 3rd Floor, LBS Marg, Bhandup (West), Mumbai - 400078.

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