Ram Ratna Electricals Limited
| Previously Known as Ram Ratna Electricals Pvt. Ltd. |
Ref: RREL/M/DF/P/0413/02 Dated: 19% September 2013.
Dear Kabel Partners,
Credit Note Policy
With immediate effect, all payments should be made in full, against the invoice. Part payment
will not be accepted. This will help us in maintaining the accounts without any confusion and
the reconciliation can be done properly.
All Credit notes, against the various schemes, will be issued, on Quarterly Basis, except Cash
Discount, which will be issued on monthly basis.
Please refer the below special policy with immediate Effective from today itself.
> Cashdiscount:- Applicable on basic net value (BEFORE VAT).
Y 2.25% against the payment within 7 days from the date of
invoice.
Y 1.50% against the payment within 15 days from the date of
invoice.
Y Nilagainst the payment after 15 days as standard credit period
in 30 days from the date of invoice.
> Annual TOD — -- Applicable on net value (BEFORE VAT).
Y Purchase of10-20Lacs = 0.75%
Y Purchase of21-40Lacs = 1.00%
Y Purchase of 40 & above Lacs : 1.50%
You are requested to kindly cooperate with us to implement the above poli
‘Thanking you and assuring of best services at all times.
Regards.
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Sumeet Kabra. hy 754"
Director
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