DOMESTIC COTTON SALES : TERMS & CONDITION

Quality Passing Terms : Subject to Spot or Testing Condition. Passing should be

done by buyers controller within 2 maximum working days. In Testing Condition
buyer have to give reply within 48 Hours maximum time.

Weight Terms : Spot Weight will be consider as final. However Ginner will do 2
different weighbridge weight and take average weight for final Invoice. Buyer
have to appoint their person to check weight and actual Lot Dispatch. In case
of Mill Weight or Port Weight Final system buyer have to intimate in advance
before contract.

Payment Terms : 100% Payment Against Dispatch. We will not dispatch good
until proof of payment copy from buyer. If buyer need credit than buyer have to
give their full name, contact details for market reference as well as Bank Post
Dated Cheque or Bank Guarantee or Letter of Credit in Advance for assurance.
For Late Payment interest of 15% will be apply.

Cash Discount : From Passing Date to 15 days buyer can get early payment
cash discount for 15 days @ 15% interest rates as per Cotton Ginners Association
Rules.







Cotton Packaging : In Full Pressed Bale Packing with Plastic Strapping. Bale
weight will be 165 to 170 Kg. which will marked with identification Lot No. & Press
No. We can cover extra with Non Woven / Plastic Bale Packing with addition 60
Rs. Per Bale Cost on buyers demand. Total 50 Kg. for Packing Material will be
deductable as Tare from Gross Weight of Bales

Delivery : Buyer have to lift cotton bales within 7 to 8 days. If buyer want to get
late delivery or need warehousing than buyer have to inform in advance. After
15 days additional storage charges applicable at actual bases.

Taxes : 5% VAT for Gujarat Sales / 2% CST for Out of Gujarat State Sales
(Against C Form) / Zero Tax to Merchant Exporter (Against H Form) Buyer have to
give C Form or H Form on Quarterly bases on time. If delayed we may ask
penalty for sales tax liabilities by Govt. of India.

Quality / Weight Claim : For Cotton Quality Variation Buyer have to claim within
15 working days otherwise it will treated as No Claim. Supplier can recheck same
Lot Quality by their controller and seller have to give settlement for quality claim
immediately within 7 days. For Serious Quality Issues seller have to lift cotton
bales from buyer and have to give payment settlements to buyer. As a third
party agency we are settling immediate claim for quality issues. For False
Packing or Wrong Lot Dispatch seller will be penalized legally.

Our Offer is subject to reconfirmation base.

Regd. Office:
Gujarat Shankar 6 Cotton Sales Co.
B-310, Titanium City Center, Near Sachin Tower, Tele: +91 79 40307878 / 26934023 / 65450151
Prahlad Nagar Corporate Road, Mobile : +91 92272 00704 / 81413 41430
Ahmedabad-380015. Gujarat, INDIA. Board Line No: +91 78783 88783 (10 Line)
Direct Fax : +91 78781 87758 Email : sales@gujaratshankar6cotton.com
Web URL : www.gujaratshankar6cotton.com / www.indiancottonexport.com