STEER Engineering

	Logistics - Price & Delivery Terms - Co-rotating Twin Screw Extruder


		Twin Screw Compounding Elements

Co-rotating Twin Screw Extruder

Aspect

Indian Customers

Price basis

Ex-works excluding packing excluding taxes & duties & incidentals

Packing & Forwarding Charges

0.75% of the basic price for extruders, 2% for parts

Packing specifications

Wooden crate with the extruder on a strong wooden pallet/base

Currency adopted while quoting

Indian Rupees (INR)

Freight charges

Actuals

Taxes & duties & incidentals

Actuals

Mode of transportation

By road or by other mutually agreed mode

Payment terms

40% advance with the order. Balance 60% together with 100% taxes & duties against proforma invoice prior to despatch.

Delivery

a)	Equipment ready for inspection or functional trials
b)	Drawings/specifications sent for approval
c)	Despatch
d)	Estimated time for inspection functional trials

Within 18 weeks of receipt of approved drawings/specifications & advance payment

Within 2 weeks of order

Within 1 week of clearance after completion of inspection/functional trials & final payment.

1 week

Aspect

Foreign Customers

Price basis

FOB Indian seaport/airport. inclusive of packing. excluding any Taxes, duties and incidentals

Packing & Forwarding Charges

Included in above price

Packing specifications

Seaworthy/airworthy packing

Currency adopted while quoting

US Dollars (US $) or Euro

Freight charges

At actuals

Taxes & duties & incidentals

At actuals

Mode of transportation

By sea or air as mutually agreed

Payment terms

Confirmed, irrevocable, indivisible, letter-of-credit.

Delivery

a)	Equipment ready for inspection or functional trials
b)	Drawings/specifications sent for approval
c)	Despatch
d)	Estimated time for inspection/functional trials

Within 18 weeks of receipt of approved drawings/specifications & letter of credit

within 2 weeks of the order.

Within 1 week of clearance after completion of inspection/functional trials

1 week