13/04/17, 12:03:39 PM: Murali Polymers Owner: *NEW RULES FOR HIGH SEAS SALE*

The following details need to be incorporated in the High Seas Sale Agreement, with
immediate effect:
1) Date of the High Seas Sale Agreement
2) Name along with photograph of the Authorised Signatory & IEC No. of the
Seller
3) Name along with photograph of the Authorised Signatory & IEC No. of the Buyer
4) B/L No. & Date
5) Description of Goods
6) Gross Weight
7) Net Weight
8) Number of Packages
9) Commercial Invoice No. (Import Invoice No. in Foreign Currency) & Date
10) Sale price of goods after 2% loading (some importers only mention CIF + 2%.
Now Sale price i.e. Unit price in INR & total value of goods will be necessary)
11) Notary’s Signature, stamp, name & address
12) Registration No. of Notary
13) Name, Address, Sign & PAN No. of the witness
14) Signature with stamp of both the parties on all pages of agreement

Further, both party’s letter, the copy of B/L, High Seas Sale Invoice; should
mentioned the name & designation of the authorised person against their signatures.

Please ensure to make necessary changes in your High Seas Sale formats.