ON THE LETTER OF THE VENDOR

Dated: __________________

M/s DAIKIN AIRCONDITIONING INDIA PRIVATE LIMITED

SP2 - 12 TO 15 AND SP2-24-27
NEW INDUSTRIAL COMPLEX MAJRAKATH
NEEMRANA, ALWAR RAJASTHAN 301705
GSTIN – 08AABCD0971F1ZW

Subject: GST Compliance Undertaking

Dear Sir/Madam,

We, M/s ______________ (Name and Address of Vendor with GSTN) hereby confirm that we
are aware that in line with Section 16 of the Central Goods and Service Tax Act 2017 ; Input
Tax credit will be allowed to you based on fulfilling all of the following conditions.

1. That Invoices or debit note issued by us have all the information and requirements as
specified under the GST Act and Rules made thereunder.
2. That the Goods / services or both as mentioned in the respective invoices or debit
note should have been actually received/availed by you.
3. That the tax charged on the invoice has actually been paid to the Government’s
account within the due dates specified,
4. That we have filed valid return for the supplies made by us as per section 39 of CGST
Act 2017 and rules there under.

We hereby further declare that we have filed/will be filing GSTR 3B and GSTR1 related to all the
invoices raised by us within the time prescribed. In this connection, we hereby also agree and
undertake to furnish you the proof of electronically filed GST Return to the authorities concerned
along with the copy of GST challan.

We hereby agree and undertake to indemnify as under that -

1) we shall take all necessary safeguards to ensure availing of ITC on invoices as per eligibility
by you within the time limit provided in the GST provision.

2) In case of rejection of ITC by the concerned Tax Authority, for non-payment of GST amount by
us or for any short coming on the part of the or for any other reasons attributable to us, we
hereby undertake and agree to indemnify you in full against all consequences, liabilities of any
kind whatsoever directly or indirectly arising from denial of ITC which will also include interest
and penalty arising out of such irregular availment of ITC by you i.e. If for any reason the same
is not possible, then we will make ‘good’ the loss suffered by you due to the tax credit lost
in that transaction.
 We hereby agree and confirm that any breach of the above indemnification or undertakings
shall be construed as breach of the terms and conditions for reimbursement of GST and Daikin
Airconditioning India Pvt Ltd shall be at liberty to take such action against us including
recovering of reimbursed GST amount from -

a) any of our Bank Guarantee executed in your favour, if any,

b) Security Deposit paid for any of your work, if any or
c) Other unpaid invoices, if any, of us raised with you

I / We declare that I am empowered to execute this Indemnity Bond cum undertaking and the same
is given under the orders of proper authority as per the delegation of power of the organization. In
support of this I am enclosing the authority letter/board resolution of the competent authority of
the organisation.

We hereby once again reiterate that our organization and our team are fully committed to
follow the GST compliance as per the Governments directives.

Thanking you

For ------------------- (Name of the Vendor)

Authorised Signatory