24-4-2019

Construction of Central Library

Statement showing the payments made to the Contracting agency
S.No Description Total bill SD VAT IT Paid to Contractor
amount
1 1st advance/ 1,75,00,000 - - 3,50,000 1,71,50,000
20-4-17
2 1st & 2nd RA/ 3,10,24,461+ 15,51,223 15,51,223 2,70,489 1,20,52,749 (3.50
29-6-2017 15,51,223 Lakhs was paid excess )
rd
3 3 RA/ 4,05,60,797 4,76,817 - 1,90,727 88,68,792
16-2-2018
4 2ndadvance/ 1,50,00,000 - - 3,00,000 1,47,00,000
16-5-2018
5 4th RA/ 2- 6,75,97,123 6,75,908 - 2,40,727 1,07,69,691(1,11,19,691-
1-2019 350000)
Note: The value of work done after 1-7-2017 was assessed duly taking into consideration the SSR rates of 2017-18
and the relevant GST rates and in light of the exercise the status of 4th RA is as follows:
1) Total value of work

Rs 6,72,98,933/6,44,60,123

a) Civil works - 2,08,95,294+24,78,316

b) Electrical 21,05,034+2,52,604
c) Sanitary 8,98,998+1,07,890
d) Total 2,38,99,326+28,38,810
2) Amount already paid to end of 3rd RA and advance : Rs 5,55,60,797
3) Total amount paid in 4th RA : Rs 1,16,86,326
4) Total amount paid : Rs 6,72,47,123
B) Total Amount Eligible to contractor excluding GST Rs. 6,44,60,123
Total amount paid to contractor Rs. 6,72,98,993
Excess amount with contractor Rs. 28,38,870
Amount to be given as GST Rs. 28,38,810

Note:

1) The contractor has to pay rupees 28,38,810 towards GST & there is no need to pay any amount towards
GST since, there is an excessive amount of rupees 28,38,870.
2) VAT @ 5% is to be paid to government on amount Rs. 95,36,336 (RA-3 Amount), since no deduction/
addition was made earlier in RA -3
 Construction of Central Library 24-4-2019

Statement showing the payments made to the Contracting agency

S.No Description Amount VAT up to GST Amount after Amount

30-6-2014 1-7-2017 including GST
1 Value of civil works 40560797 4,76,817 - -
up to RA3
2 Value of Civil works 6,14,56,091 - 24,78,316 6,39,34,407
executed to end of
final bill excluding
GST
3 Value of electrical 20,66,664 - 2,81,818 23,48,482
works executed
excluding GST
4 Value of sanitary and 8,79,171 - 1,19,887 9,99,058
water supply works
executed excluding
GST
5 Total value of works 6,44,01,296 4,76,817 28,80,021 6,72,81,947
executed
6 Amount paid to the
contractor up to final
bill i.e. 2-1-2019
7
8
9
10
11

5) Net recovery towards cement, steel and sand : (-)Rs 94,035

6) Amount to be recovered towards GST : (-)Rs 27,30,158
7) Amount to be paid : Rs 85,18,326
8) SD to be recovered : (-)Rs 6,67,313
9) IT to be recovered : (-)Rs 1,70,367
10) Release of 50 % of earlier SD : Rs 13,51974
11) Net amount to be paid : Rs 90,32,620
12) Amount already paid on 2-1-2019 : Rs 1,10,10,418
13) Amount to be recovered from the contractor: : Rs 19,77,798
 24-4-2019
Construction of Central Library
Statement showing the payments made to the Contracting agency
S.N Descriptio Total bill SD VAT IT GST Paid to Contractor
o n amount
1 1st 1,75,00,000 - - 3,50,000 Nil 1,71,50,000
advance/
20-4-17
2 1st & 2nd 3,10,24,461 15,51,223 15,51,223 2,70,489 Nil 1,20,52,749
RA/ + (3.50 Lakhs was
29-6-2017 15,51,223 paid excess )
3 3rd RA/ 4,05,60,797 4,76,817 - 1,90,727 Nil 88,68,792
16-2-2018
4 2ndadvance 1,50,00,000 - - 3,00,000 Nil 1,47,00,000
/ 16-5-
2018
5 4th RA/ 6,75,97,123 6,75,908 - 2,40,727 Nil 1,07,69,691(1,11,1
2-1-2019 9,691-350000)
6 Grand total 6,75,97,123 27,03,948 15,51,223 13,51,943 NIl 6,35,41,232
Note: The value of work done after 1-7-2017 was assessed duly taking into consideration the SSR rates of
2017-18 and the relevant GST rates and in light of the exercise the status of final payment to the
contractor is as follows:
 25-4-2019
Construction of Central Library
Statement showing the payments made to the Contracting agency & its effect on GST (Final)
S.N Descriptio Total bill SD VAT IT GST Paid to
o n amount Contractor
1 1st 1,75,00,000 - - 3,50,000 Nil 1,71,50,000
advance/
20-4-17
2 1st & 2nd 3,10,24,461 15,51,223 15,51,223 2,70,489 Nil 1,20,52,749
RA/ + (3.50 Lakhs
29-6-2017 15,51,223 was paid
excess )
rd
3 3 RA/ 4,05,60,797 4,76,817 - 1,90,727 Nil 88,68,792
16-2-2018
4 2ndadvance 1,50,00,000 - - 3,00,000 Nil 1,47,00,000
/ 16-5-
2018
5 4th RA/ 6,42,17,416 5,91,417 4,76,817 2,40,727 28,25,734
2-1-2019
6 Grand total 6,72,85,857 26,19,523 20,28,040 13,51,943 28,25,734 6,04,88,657
(including
GST)
Note:
1) VAT of Rs 4,76,817 is proposed on Rs 95,36,336 , the bill amount of RA 3, the works were
executed prior to 1-7-2017
2) In final bill, an amount of Rs 6,75,908 was deducted from the agency towards SD. As per post
GST calculated final bill an amount of Rs 5,91,417 is to be deducted.
3) The contractor is eligible for a payment of Rs 6,72,85,857 (including GST), for which the details
are as follows:
a) Total final bill amount in post GST: Rs 6,42,17,466
b) Deduct earlier payment : Rs 5,55,60,797
c) Security deposit : (-)Rs 5,91,417
( 6,42,17,466-4,05,60,797)
d) Net recovery towards cement, : (-)Rs 94,035
 steel and sand
e) Income tax on Rs 76,21,217 :(-)Rs 2,40,727
f) Net payment to the agency : Rs 77,30,490
g) GST amount : Rs 28,25,734
h) Amount due from the agency: Rs 30,52,575