A)
B)
C)
- 1st. Payment : Pay 25% of Contract Price as Down Payment upon Signing the Contract,
against Invoice only. (This amount will be Paid by T/T)
- 2nd. Payment : Pay 65% of Contract Price, at Sight Payment, against The Shipping Documents,
Invoice, Packing List. (This amount will be Paid by L/C)
- 3rd. Payment : Pay balance 10% of Contract Price, on Completion of the Test Run, with good
result as per Guarantee, against Invoice only. OR shall be Paid as 20 days before L/C expiry date,
whichever come first. (This amount will be paid by L/C also)
D)
The L/C must be simple, clean, non complicated, non-restricted and validity of L/C
shall be 20 months from the opening date. This L/C shall be opened to the seller
within 15 days after confirm the order.