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Tender Software Compared
Choose the right platform for Indian bids
Tender Doc Preparation
A practical guide for Indian government bids
State e-Procurement Portals
The complete 2026 guide
MSME Tender Advantages
Every advantage you're not using
Make in India Procurement
Qualify and win government contracts
IREPS Railway Tenders
Indian Railways e-procurement guide
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Plain-language definitions of every Billing and Payment term that shows up in government tender work.
Advance payment terms in government contracts specify the conditions, limits, and recovery schedule for money paid to a contractor before work begins or goods are delivered.
Read definitionE-invoice for government is the mandatory electronic invoicing process under GST where eligible suppliers generate a digitally authenticated Invoice Reference Number before billing government departments.
Read definitionAn e-way bill is a mandatory electronic document generated on the GST portal for the movement of goods worth more than INR 50,000, required for all consignments to government buyers.
Read definitionAn escalation payment compensates a contractor for increases in material and labour costs during a long-duration government contract, calculated using a price variation formula specified in the contract.
Read definitionA final bill is the last payment claim submitted by a contractor after project completion, reconciling all work done, advances, deductions, and retention to close the contract financially.
Read definitionGST invoice requirements for government contracts specify the mandatory fields, format, and timing for issuing GSTIN-compliant tax invoices when supplying goods or services to government entities.
Read definitionInterest on delayed payment is the compensation a government contractor is entitled to when the procuring entity fails to pay certified bills within the contractual or statutory deadline.
Read definitionAn on-account payment is an interim payment made to a contractor against work done or materials supplied, before the final measurement and settlement of the contract.
Read definitionPayment terms in government contracts define the schedule, conditions, and timelines for releasing money to contractors, typically 30 days from bill certification under GFR 2017.
Read definitionSelf-invoicing on GeM is a mechanism where the government buyer generates the GST invoice on behalf of an unregistered or composition scheme seller for purchases made through the Government e-Marketplace.
Read definitionTDS on government contracts is the tax deducted at source by the procuring entity under Section 194C of the Income Tax Act before releasing payment to a contractor or supplier.
Read definitionWithholding tax in Indian government procurement is the tax deducted by the government payer at source before releasing payment to contractors, suppliers, or consultants, covering both TDS and TCS provisions.
Read definitionSee how Bid India turns these government tender terms into pipeline. Explore the platform or book a 15-minute demo.
