Country of Origin

India

2

 Country  of Shipment

India

3

 Packing

Cone Wt : 1.890 kgs, No. Of cones / cartons : 24
Net Weight of Cartons : 45.360 kgs

4

 Tolerance

Your L/c. Must in variably provide+/-10% Tolerance in quantity  and value

5

 Quality

Grey Yarn

6

 Payment

A.  A Payment by sight or usance period as per contract, from the date of bill of Lading for  all deliveries by an unrestricted, irrevocable, without recourse to drawees  letter of credit  for payment in COIMBATORE.
B.  Payment should be available with India of Negotiating Bank.
C. L/C Should permits reimbursement by T.T. to the Negotiating Bank.
D.  L/C must be opened   by first class international Bank and allow for confirmation by the Advising Bank.
E.  L/C must  be advised through:
STATE BANK OF INDIA,
TRADE FINANCE CPD(05071)1443,TRICHY ROAD
COIMBATORE – 641 018, INDIA,
PHONE NO. 0422– 2302283/FAX NO. 0422–2302029,
SWIFT : SBININBB613. 

7

 L/C. Validity

A.  L/C Must  be opened  within 15 days from  the
Contract date, or otherwise the contract stays
Cancelled.
B.   L/c must provide for negotiation within 15 days
from the date of B/L for each shipment.

8

 Transhipment & Partial  Shipment

Permitted

9

 Bank Charges

All charges  outside India Must be borne  by the Openers

10

 Force-De-Majure

Standard clause  is applicable

11

 Shipping

In Containers

12

 Arbitration

All disputes or difference whatsoever arising between the parties out of or relating to the construction, meaning and operation or effect of this contract or the breach there of shall be settled by arbitration  and the award  made in pursuance thereof  shall be binding  on the  parties.

13

 Other  Remarks

If the above terms and offer  is accepted, the l/c should contain all the conditions in full   if there is any  omission due to oversight the L/C  shall  be amended  suitably at openers cost  only

14

 Liner Restriction

Shippers free choice

15

 Special Condition

1.  Do not mix lots with other  Lots
2.  The sellers have the option to cancel the contract if
the L/C’s are not received as per the agreed
shipment schedule.