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Government procurement System Page 1 of 3Government procurement System Tender Details Date : 21Sep2022 03:43 PM PrintBasic Details Organization ChainCouncil of Scientific and Industrial Research||CDRILucknow
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Provide details regarding the purpose of the fee type and the amount to be paid.
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EMD fee type stands for Earnest Money Deposit fee type. It is a type of fee paid to show the seriousness and commitment of the payer in a transaction or agreement.
The party involved in a transaction or agreement who pays the Earnest Money Deposit fee is required to file the EMD fee type.
To fill out the EMD fee type, the payer needs to provide the required information about the transaction, the amount of earnest money deposit, and any other relevant details.
The purpose of the EMD fee type is to ensure that the payer is serious about the transaction and is committed to following through with their obligations.
Information such as the amount of earnest money deposit, details of the transaction or agreement, and the parties involved must be reported on the EMD fee type.
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