TERMS
Standard terms of an export sale are prepayment by demand draft or irrevocable letter of credit for the total C.I.F. amount, payable through an Indian bank. All bank charges are for the account of the buyer. Prices and shipments are EX FACTORY unless otherwise specified. This does not include import duties or tariffs imposed by buyer's country, which are to be paid by the customer.
Shipment will be made within 4 to 6 weeks after the receipt of firm order. Shipping and insurance charges will be prepaid and shipment will be via a freight forwarder of our choice, insured for full C.I.F. value.
Letter of credit must include the amounts specified for inland freight, export packing and documentation. Letter of credit must state that all bank charges inside and outside of buyer's country are for the account of the buyer. If the letter of credit does not include these items, it will require modification at the buyer's expense before it will be accepted.
All prices are in US Dollars and are subject to currency fluctuations.
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