GOOD OFFICES COMMITTEETM
The Federation of
Publishers' & Booksellers' Association in
Floor, Darya Ganj,
(Opp. Cambridge Primary
23272845 Fax: 23281227
TERMS OF SUPPLIES TO
LIBRARIES AND INSTITUTIONS BY BOOKSELLERS
AS DECIDED IN MEETING NO.
(Effective 1st February - 2017)
Conversion rates for books and
conversion rates effective 1st February - 2017 (new rates marked with asterisk)
|1. Australian Dollar
||@ Rs. 52.60*
||6. Swedish Kroner
||@ Rs. 07.90*
|2. British Pound Sterling
||@ Rs. 87.10*
||7. Swiss Frank
||@ Rs. 70.00*
|3. Canadian Dollar
||@ Rs. 53.50
||8. U.S. Dollar
||@ Rs. 70.40*
|4. Japanese Yen Per 100
||@ Rs. 61.50*
||@ Rs. 75.00*
|5. Singapore Dollar
||@ Rs. 49.50*
||10. Taka Per 100
||@ Rs. 95.00
|| (Bangladesh currency)
Notes: (1) Fixed Conversion
Rates between the Euro, and Deutsche Mark, French Frank, Italian Lira, and Dutch
Guilder (furnished by Nationalised Bank) are as
EUR = 1.95583
(2) Fixed Conversion Rates between the Euro and Danish Kroner and Norwegian Kroner for
EUR = 8.48
(3) Fixed Conversion Rates between the
US $ and Hong Kong Dollar for all
US $ = 7.79
TERMS OF SUPPLY: BOOKS
(i) In order to bring
about a uniformity of GOC recommended conversion rates, library discount and
standardisation in the terms of supply, the Librarians
are advised to deal only with the members of State and national level book trade
associations and federations.
on approval should be finalised/returned within 30
days. The payment for the books approved should be made within 60 days of the
receipt of the bill. The bill is to be raised by the supplier at
the conversion rate prevailing on the date when the books are finally selected
by the librarians for purchase.
(iii) Payment of
outstation suppliers should preferably be made through bank drafts, after
deducting bank charges.
The Supplier shall append the following declaration on the
(a) Only latest editions have been supplied and these are not
(b) Income Tax Permanent Account
No. (PAN) of the supplier must be provided.
(c) The prices
have been correctly charged in accordance with the
Publisher's/Importer's/Distributors' Invoices and Publishers'
(v) The order placed by the libraries will be usually valid for six months unless
otherwise mutually agreed upon by the library and the supplier.
(vi) All books
in English, Hindi and other Regional languages, whether of Indian origin with
exception of those covered by the following special categories, will carry a uniform discount of 10% of the published prices in
respect of Indian or converted into Rupee prices in the case of imported
(vii) Central and State
Government publications-No. discount.
(viii) Short/No discount
titles procured from abroad against specific order or Indian Publications. The
importer or the library supplier is expected to work on a margin of 15% on net
landed cost. The invoice is to be prepared on the following
Published price minus (-) discount earned plus (+) 15% handling charges
plus (+) actual freight, clearance, bank and postal charges, Documentary
evidence to be submitted by the supplier to the library on
TERMS OF SUPPLY: JOURNALS
Conversion rates as per latest GOC Circular
Bills to remain valid for 60 days from the date of invoice. All payments
not made within the 60 days validity of the bills will be subject to change
per the new conversion rates prevailing on the date
of receipt of payment.
Supplementary bills shall not be raised if the bills are paid in 60 days,
except when subscription rate is changed by the publisher and revised rate is
paid by the supplier. Such a revised rate shall be paid by the librarian on
production of documentary evidence.
Full advance payment to be made against all journal bills. Bills to be
accompained with price proof, if required by the
Claims for missing journals to be made within 90 days of the publication
of the issue in case if it is supplied directly by the
case of delivery from the agent the supply will be reviewed every quarter
between the library and the agent.
Claims for missing issues of journals should be settled within
years from the date of payment.
The subscription agent will remit the full subscription to the publisher
within 30 days from the date of receipt of Details of the full payment
made to the publisher may be intimated to the subscriber within the next
fortnight with documentary evidence.
The supply of journal should start within 100 days from the date of
payment unless there are special reasons for not doing so.
Journal orders to be placed on subscription agents
as approved by the GOC.