HIGH SEA SALES AGREEMENT FORMAT 1:

High sea sale agreement

WHEREAS M/s. Outsourcepartners International Pvt Ltd., having its registered office at Tower – 2D, Phase I, Vikas Telecom Ltd – SEZ, Vrindavan Tech Village, Deverabeesanahalli, Outer Ring Road, Bangalore – 560 037, hereinafter calloed the “seller” which expression shall mean and include its successors and assignees etc., on one part and M/s. Soundarya Decoratos Pvt Ltd,     

Plot 26,23, Porur Village, Kolathyr Post, Keezhkottaiyur, Chennai – 600 048. Hereinafter called the ‘Buyer” which expression  shall mean and include its successors and assignees etc., on the other part.

WHEREAS the seller has placed on order to buy certain goods from M/s. Buildersmart Public Company ltd., Hereinafter called “Foreign Suplier” hereby agrees to sell the said goods to the buyer on high seas

Details of the agreement:-

1.    Name and address of the buyer                                        

                                                                                                                                   

2.    Name and address of the seller                                         

3.    Name and address of the Foreigh supplier                        

4.    Description of Goods/Equipment and the quantity            

5.    shipment details

HAWB No            :

MAWB No            : 217 32170666

No of packages   : 1 PKG 

Gross Weight      : 240 KGS

6.    sales Price  : Rs.3.61,000.00 (Rupees Three Lakhs Sixty One Thousand Only)

 

7. Delivery

     By transfer of Delivery Order against the HAWB No./Bills of Ladind dated. All the rights and title to

the goods will be transferred by the seller to the buyer by endorsing AWB/Bill of Ladding/Delivery Order in favour of the buyer before the said goods cross the frontiners/customs barriers of India

8. Customs duty and clearance

     In view of the disporsal of goods/equipment on High Sea sales basis and tranasfer of title by the      seller in favour of the buyer. It is the buyer who is responsible for beraing the custom duties and custom clearance, however seller has agreed to custom clear & deliver the shipment on behalf of buyer.

9. Insurance                       

     The seller has already covered insurance from Orginshipment port to destination port.

10. Sales tax

      Sales tax is not applicable for goods transacted for sasle on High Seas Basis u/s 5(2) of the CST Act.

11. Payment and consideration.

      Payments for goods being sold by the seller to the buyer on high sea sales basis will made as per sellers invoice as per the terms and conditions of the buyers Purchase Order

12. Post Procedure

      The buyer shall surrender to the seller, the exchange control copy of the Bill of Entry and other documentary proof of having cleared the goods from the Customs as required by the  seller for submission to the Bank and RBI or any other state or Central Government Agency & if the during course of delivery of goods to the buyer if any other local levy such as Octrol, road tax, entry tax etc. levied, the same as to be reimburshed by the buyer to the seller.

13. Force Majeure

       These High Sea sales shall subject to force majeure.

14. Dispute Reasolutions

      In  case of any dispute arising in connection with the exercution of the above agreement, the same shall be governed by the Law of India subject to the jurisdiction of the arbitrastor to be appointed. The venue of arbitration shall be Delhi.

Seller Name & Address:                                                                     Authorised Signatory

 

IEC No.

PAN No.AAFCS8646 C 

We, the buyer, hereby accept and ageree to above sales conditions by our seal and signatures below

Buyers Name & Address:                                                                   Authorised Signatory

                       

Date: February 2012