Definition
GTC are GeM's standard terms that apply to every contract on the portal — covering things like delivery, inspection, payment, warranty, penalties and dispute resolution. Category-specific terms and the buyer's ATC are added on top. When the ATC and the general terms differ, the bid document explains which prevails; sellers accept the GTC when they participate.
In simple words
GTC GeM ke 'common niyam' hain jo har order par lagte hain; ATC unke upar buyer ki apni shartein.
Related terms
Guides on this topic
This is a general explanation. Confirm exact limits, percentages and timelines in the bid document and on gem.gov.in.
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