COMMERCIAL TERMS (FMCG)
C & FA
Security deposit of Rs. 15,00,000/- (Rupees fifteen lacs only) We do not accept Bank Guarantee, because C & FA is a custodian on behalf of the company and in case of non-cooperation, we cannot use the Bank Guarantee. Company will provide the following facilities to C &FA.
• Interest on deposit @ 6% per annum
• Service charges @ 2% of the sales.
• Reimbursement of telephone expenses, courier charges and other incidental expenses on actual basis.
• Godown rent @ Rs. 2,000/- (Rupees Two thousand only) per month. Company will pay freight up to the main godown of C&FA on FOR basis. The payments from Super Stockist will be directly collected by the Company. All the taxes (direct and indirect) shall be borne / reimbursed by the Company. SUPER STOCKISTS The Super Stockist will be appointed for a particular Area / Commissionary / zone, detail of which will be given in separate Annexure.
That the Super Stockist has to invest minimum Rs. 5 Lacs in the first phase to have minimum stock level of 10 Distributors @ 50,000 each. Company will provide the following facilities to Super Stockists.
That the Second Party will be allowed 5% of the invoice as trade Margin.
The Super Stockist can charge @ 2% towards onward freight. Company shall supply the material ‘tax paid' and if any liability regarding tax / octroi comes, the same shall be borne by the company. The Super Stockist will pay 100% amount of the total order, along with the order. The Super Stockist must have their complete infrastructure like godown, telephone, fax and computer, in a way to run the operation smoothly. All the demand drafts shall be in favour of MIRIK HEALTHFOODS PVT. LTD., payable at New Delhi . The Super Stockist will dispatch the material strictly on receipt of full payment only, from the Distributors. DISTRIBUTORS The material will be supplied from the Local Super Stockist / C&FA on receipt of full payment only. The Distributor will not sell our products beyond the area allotted by the Company. The Distributor must maintain stock for all the products sold by Mirik Healthfoods for a period of at least 15 days. The Distributor must visit all the retailers in the are a regularly and ensure full distribution and placement of company products. The company reserves the right to appoint any number of stockist for a particular area. The company shall pay the distributor, a commission at the uniform rate of 8% on all the products sold by Mirik Healthfoods to the Stockists. The company will not be responsible for any claim of the Distributor, unless it is submitted to the company latest by 7 th of the succeeding month duly verified by the Area Sales Representative and forwarded by the ASM / RSM to the Accounts manager of the company. |