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Deduction LD

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(Querist)
08 October 2009 Hi,

According to Indian Contract, What is the basis of deduction of LD for Contrct. Either it should be deducted on propertionately on Partial Supply or on the Whole contract price?

Regards,
Rajkishore Paul
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CA. Bikash Bogi

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CA. Bikash Bogi (Expert)
20 October 2009 It is all depends upon the terms of the contract accepted by both the parties

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