Dear Buyer,
We, , on behalf of our Miner/Seller, hereby declare and confirm that the Miner/Seller is willing and is able to supply the commodity as per specifications and for the price as specified in the terms and conditions hereinafter.
COMMODITY:
IRON-ORE FINES Fe 63% (Rejection Below 62%)
INCOTERM: EX-MINES (LOADED INTO RAKE)
PRICE –
Rs. 2,350 / MT (If Paid by Advance DD / RTGS)
Rs. 2,450 / MT (If Paid by Domestic LC)
(Above prices against Form – C under CST Act, in case Form – C is not provided then additional applicable taxes will be charged extra apart from the prices)
PAYMENT –
If Paid by Advance DD / RTGS
Buyer shall issue Demand Draft in Advance of Send Advance RTGS in favor of Miner (for Material), Supplier (for Loading Charges and Local Transportation) separately.
If Paid by Domestic LC
Buyer shall issue Revolving Irrevocable Letter of Credit of total order in advance in favor of Seller (for Material, Local Transport and Loading Charges).
OR
Buyer shall issue Irrevocable Letter of Credit of 4,000 MT in advance as Primary Security. Then Buyer makes total payment to Seller’s Current Account through RTGS on the same day after loading the cargo at the Railway Rake/Wagon.
RAILWAY FRIEGHT –
Railway freight has to be paid 100% in advance prior to loading of rake & will be charged as on actual Basis.
JOINT SAMPLING –
Joint Sampling will be carried out at the Plot end for determining GCV contents only. You may depute your authorized representative to associate in joint sampling.
WEIGHT MEASUREMENT –
R.R. Weight will be the basis of payment. If weighbridge goes out of order, weight recorded in the R.R issued by railways will be the basis of payment.
VALIDITY OF THIS OFFER - TILL STOCK
Kindly send following document Before Confirm the Order
Trading License,
IBM Registration Certificate,
Pan Card,
VAT Registration Certificate,
Plant Document,
Plot Detail.
OTHER TERMS & CONDITIONS: - All disputes are subject to KOLKATA Jurisdiction.
NOTE: Material will be loaded at Plot on before dispatch of rake; you can perform a joint sampling at Plant for determining Grading result; if result is satisfied then Material sent to siding for loading of rake. No deductions on quality end shall be acceptable.
Looking forward to work with you.
In case of any clarification Or Negotiations So please feel free to do contact with the undersigned.
We hope you will find our offer acceptable and afford us an opportunity to serve you.
For Any Concern You May Contact.
Thanking You,
With Regards,
