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State of Andhra Pradesh - Section

Section 16 in Andhra Pradesh Forest Contract (Disposal of Forest Produce) Rules, 1977

16. Payment of amount after confirmation.

- The bidder shall pay within twenty days of despatch of confirmation orders to him.
(a)the instalment as may be fixed in the confirmation orders;
(b)security deposit as 6 ¼ % of the sale amount in such form as may be specified by the Divisional Forest Officer; and
(c)such other amounts as may be payable under conditions of sale or any other statutory provisions.