ABHIJEET GROUP

Regd. Office : 39, Ambazari Layout, Nagpur - 440 010 Maharastra ( India) PROVISIONAL
PH : +91-712-224 9905 / 5570 / 7972 / 7760 Fax : +91-712-223 6660 Duplicate Copy
E-Mail: contact@abhijeet.in Website : www.abhijeet.in Page : 1 of 5
Company : ABHIJEET FERROTECH LTD Purchase Order : 4500045205
Plant : ABHIJEET FERROTECH LTD Purchase Order Date : 11.07.2014
Address : PLOT NO. 50,51
STREET- EASTERN SECTOR Contact Person : Neeraj Agarwal
A.P.S.E.Z., ATCHUTAPURAM Ph.No. : 08913046091 neeraj.agarwal@abhijeet.in
VISHAKAPATNAM-531011 Payment Terms : IMMEDIATE AGAINST DELIVERY
Andhra Pradesh-India
Inco Terms : FOR-A F L Site,Atchutapuram
Phone No : 0891-3046093
Fax No : 0891-3046060
Email :

Excise Details :-
Supplier's Details : 116080
Tin No.1 : 37322658792C
Name : SRI KARTIKEYA INDUSTRIES
Tin No.2 : 37322658792V
ECC No :
Range : Address : DOOR NO:23-35-4, LAKSHMI NAGAR,NEHRU
STATUE, KRISHNA
Collectorate :
VIJAYAWADA-Andhra PradeshIndia
Division :
Phone No : 9246492573
Fax No :
Email : sbitvja@yahoo.com

REQUESTED TO SUPPLY FOLLOWING MATERIAL (S) AS PER GIVEN TERMS & CONDITIONS

SL Mat Code Description UOM Qty Del.Date Rate Value

No (INR)

10 1000005934 MILL SCALE FINES [BATCH] TO 100.000 30.07.2014 5000.00 500,000.00

PR. No :- 10029140
PR. Dt :- 01.07.2014
Specifications:
Fe 68% min
Size 0 to 10 mm
Moisture-3%
V0 NIL(0%) TAX Gross Price 500,000.00
Basic Excise Duty 0.00
_______________________________________________________________________________________________
Total Amount: INR 500,000.00
In Words: FIVE LAKH ONLY.
Commercial Terms and Conditions:-
1.FOR Price: Rs. 5,000/MT.
2.Taxes and duties: Being SEZ unit taxes and duties are not applicable.
3.Freight: Included in the Price.
4.Price basis: FOR AFL Plant.
5.Payment Terms: Immediate againsr delivery
6.Delivery Schedule: Delivery to be completed within or before 30.07.2014 shall supply material as per the schedule given by AFL term
time to time.
7.Rejection: Material will be rejected Fe content in less then 68%.
8.Sampling & Inspection: Sampling of material will be done by, AFL at Unloading Point & Material will bge tested in AFL Lab, The
Report of which will be binding for both parties, Weighted Avg.result of each lot of 100 MT will be considered for calculation penalty for
quality parameter of FE 68%& Moisture 3%.
9.Weighment: Weighment as recorded at AFL weighbridge is final and binding to both the parties.
10.Penalty:If,Total Moisture exceeds more than 3% then deduction will be as per below formula.
i) Rate/0.97 x (Actual Mositure%- 3%) x Total Qty
11.Scale Variation: Scale Variation weighbridge to weighbridge upto +/-0.5%.
12.Packing & Forwarding and Transportation: Packing Loose.
Transportation is included in the Price
13.Insurance: In Supplier Scope
14.Unloading: Unless otherwise mentioned in the Purchase Order, unloading in AFL Scope.
15.Aceptance of order: Pl sign & return us a duplicate copy of order duly signed by you as a token of your acceptance.
General Terms and Conditions
 ABHIJEET GROUP
Regd. Office : 39, Ambazari Layout, Nagpur - 440 010 Maharastra ( India) Duplicate Copy
PH : +91-712-224 9905 / 5570 / 7972 / 7760 Fax : +91-712-223 6660 Page : 2 of 5
E-Mail: contact@abhijeet.in Website : www.abhijeet.in
Company : ABHIJEET FERROTECH LTD Purchase Order : 4500045205
Plant : ABHIJEET FERROTECH LTD Purchase Order Date : 11.07.2014

REQUESTED TO SUPPLY FOLLOWING MATERIAL (S) AS PER GIVEN TERMS & CONDITIONS

1.Definitions:a.#Buyer# means the company, incorporated under the Companies Act, 1956, who has issued the Purchase Order and
whose address of the registered office at #Abhijeet Ferrotech Ltd (AFL) which shall include its legal successors in title and permitted
assignees. All rights,benefits and remedies conferred upon by this Purchase Order shall accrue and be available to and are for the
express benefit of the Buyer for which the Materials are purchased.
b.#Vendor# means a company, incorporated under the Laws of India, in whose favour the Purchase Order is issued and which has its
registered office at as mentioned in PO which shall include its legal successors in title and permitted assignees.
2.[In case the Vendor is a Proprietor, the names of the proprietorship firm and proprietor are to be mentioned along with its principal
place of business. In case the Vendor is a Partnership firm, the definition of Vendor shall be as follows: #Vendor# shall mean
M/s. Sri Kartikeya Industries. 23-35-4, Lakshmi nagar, Satyanarayanapuram,Vijayawada.-520011 firm registered under the Indian
Partnership Act,1932, and having its registered office at and represented by its managing partner Mr.Nitesh Kumar Agarwal
3.#Delivery Destination# means AFL ,Abhijeet Ferrotech Ltd.Plot No 50&51,APSEZ,Atchutapuram ,Vishakapatanam-531011
a.#Materials# mean the materials to be supplied under the Purchase Order.
c.#Technical Specification# means the technical specification of the Materials mention in Purchase Order with Item code, Chemical
details, Dimensions etc.
4.Acceptance of the Purchase Order: The Purchase Order constitutes the Buyer#s offer to the Vendor and shall become a binding
contract upon acceptance of the terms and conditions stated in this Purchase Order by the Vendor by any expression of acceptance, or
commencement of performance,
whichever occurs first. Any, explicit or implicit, terms and conditions contained in the Vendors acceptance or any communication or any
terms and conditions proposed by the Vendor in acknowledging or accepting the Buyers offer, which are not specifically agreed to and
incorporated in the Purchase Order but are different from or in addition to the terms set forth in this Purchase Order shall not be binding
upon the Buyer and shall be void and of no effect, except to the extent expressly accepted in writing by the Buyer#s authorized
representative(s).
5.Purchase Price :
a.The Purchase Price for the Materials shall be as per the Purchase Order. The Purchase Price is based on the approximate quantities
of various items indicated in the Bill of Approximate Quantities and Schedule of Rates mentioned below table herewith. The Purchase
Order Price shall be subject to variation only on account of the variation in the quantities mentioned in that table or variation in the
scope. No variation or escalation, whatsoever, shall be applicable on the unit rates, hence unit rates indicated herewith shall be firm for
the entire currency of the Purchase Order.
b.The Purchase Price includes the applicable sales tax on the input raw materials and does not include any other taxes and duties.
c.Detail of Tax & duties applicable in SEZ is mentioned in Clause 08 of this General Terms and Conditions.
6.Change Orders: Buyer shall have the right by written notice to change the terms of the Purchase Order, specifications or other
descriptions, the time, method or place of delivery or the method of shipment or packaging or to suspend delivery of the materials.
Upon receipt of such notice, Vendor shall proceed promptly to make such changes. If any such change causes a change in the cost of
the materials or in the time required for performance, Vendor shall provide prompt notice to Buyer of any such change and an equitable
adjustment shall be negotiated promptly and the Purchase Order shall be modified in writin accordingly.
7.Tolerance:
Quantity mentioned under the Purchase Order is an approximate basis, same shall be subject to change if changes takes place.
8.Tax & Duties: CONTRACT PRICE MENTIONED UNDER LINE ITEM 10 IS EXCLUSIVE OF TAXES & DUTIES, AS APPLICABLE /
IF APPLICABLE, WHICH SHALL BE TO PURCHASER ACCOUNT AND SHALL BE PAID / REIMBURSED AT ACTUALS ON
SUBMISSION OF DOCUMENTS FOR THE SAME. HOWEVER, SUPPLIER TO ENSURE THAT IT AVAILS ALL BENEFITS UNDER
VARIOUS LAWS WHICH ARE
AVAILABLE TO THIS PROJECT INCLUDING BUT NOT LIMITED TO BENEFITS AVAILABLE TO SEZ UNIT FOR WHICH
PURCHASER WILL PROVIDE ALL RELEVANT AND NECESSARY DOCUMENTS WELL IN ADVANCE. ANY ADDITIONAL LEVY OF
TAXES OR ANY BENEFIT, REFUND ETC. ADMITTED BY THE INDIAN TAX AUTHORITIES SHALL SOLELY BE TO THE ACCOUNT
OF PURCHASER.
9.Seller will also ensure to prepare and provide all documents as required to avail the exemptions, concessions and tax benefits.
10.In terms of above Excise Duties on Goods Supplied to or Services rendered within our SEZ Unit- located at APSEZ are exempted.
Buyer shall provide the All exemption certification along with Purchase order.
11.In accordance with SEZ Rules, the following are the requirements for procurement of goods and services by the contractors on
behalf of the Unit without payment of excise duty, CST, VAT.
12.Excise duty: Invoice for the supply. Goods to be removed without payment of excise duty under bond/LUT by the manufacturer. The
goods shall be consigned to above our SEZ Unit.
13.In case of Direct Supply :Consignee: SEZ unit mentioning name and address properly. Sold to / Bill To: our SEZ unit name and
Address 14.In case of supply through contractor/ sub-contractor :
Consignee: our above mentioned SEZ Unit name and address Sold to / Bill To: Buyers/Contractor's/sub-contractor#s name and
address 15.ARE-1: In cases where the goods are supplied from manufacturers. The Original and duplicate copies will accompany the
goods.
 ABHIJEET GROUP
Regd. Office : 39, Ambazari Layout, Nagpur - 440 010 Maharastra ( India) Duplicate Copy
PH : +91-712-224 9905 / 5570 / 7972 / 7760 Fax : +91-712-223 6660 Page : 3 of 5
E-Mail: contact@abhijeet.in Website : www.abhijeet.in
Company : ABHIJEET FERROTECH LTD Purchase Order : 4500045205
Plant : ABHIJEET FERROTECH LTD Purchase Order Date : 11.07.2014

REQUESTED TO SUPPLY FOLLOWING MATERIAL (S) AS PER GIVEN TERMS & CONDITIONS

The original and duplicate copies bearing the admission endorsement by the Authorized Officer at the SEZ will be returned as proof of
export within 45 days of removal from the DTA supplier. 16.All your documents should have super scribed as "Supply to the SEZ -
under Letter of Approval No. 2(7)/APSEZ/2010/41.27.CST:
All interstate procurements for the SEZ unit will be exempted from levy of CST in terms of Section 26 of the SEZ Act, 2005 read with
Section 8(6) of the CST Act whereas SEZ unit will provide Form-I on a quarterly basis. In case transaction are made under Section 3(b)
of CST Act i.e. Sale during transit appropriate E-1/E-II form needs to be provided by you against our Form C and no CST would be
payable. 18.VAT: Procurements within Andhra Pradesh for our SEZ unit, which is meant for setting up of SEZ , operation and
maintenance and manufacturer in SEZ will be exempted from VAT.
19.Delivery: a. Effective date/ Date of commencement of the Order: From the date of PO
b. Schedule of completion: All the material shall be supplied to the Delivery Destination by 30th June 2012
c.Timely performance and delivery to meet above commissioning schedule in accordance is the most important aspect of the Purchase
Order. The Buyer reserves right to expedite the delivery of the Materials.
20.IF TRANSPORTATION BY RAILWAY: Full / Piecemeal wagon loads as per Buyer instructions are to be booked at Buyer#s site.
Private railway siding served by Vizag railway station / any other destination as per Buyer#s instructions.
21.IF TRANSPPORTATION BY ROAD: Ordered materials shall be delivered through nominated transporter of Buyer or Seller
22.TRANSFER OF TITLE
a. The ownership of the Materials shall pass on to the Buyer as soon as it is delivered at the Delivery Destination.
b. Transfer of title shall not also mean acceptance of the Material. The Vendor shall continue to be responsible for the risk to quality
and performance of such Material and for their compliance with the Performance Guarantees and the Technical Specifications, except
to such extent as such Material would be used by the Other Vendors/Contractors or the Buyer.
c.The Vendor warrants that all Materials and materials supplied by the Vendor shall be free from any defects, lien, encumbrances or
charges.
d.If the sale of Goods is made during transit under Section 3(b) / 6(2) of CST Act, 1956- #The title to the Goods shall pass to the
Buyer/Owner during the transport of such Goods from the vendor#s/manufacturers premises to the Buyer#s/Owner#s Site by
endorsement of documents of title by the Contractor in favour of¬¬¬¬¬¬¬¬¬¬¬¬¬¬ the Buyer/Owner.#
23.Payment shall be made as per the purchase order / contract on receipt of the materials and / or consignments and the
acceptancethereof by the Buyer. All payments will be made to the Vendors bank account which is furnished to the Buyer. In case
imposition of anygovernment levy on Buyer on account of non-payment of the same by the Vendor that the Buyer will have the right to
recover the samefrom the Vendor in its entirety.
24. Material Acceptance/ Rejection:
a. All the Materials accepted are subject to final approval of the Buyer and inspection regarding quality, quantity and specifications. The
Buyer reserves the right to reject if further defects are noticed by the assembling or processing, even if in the first instance the Materials
have been accepted by the Buyer and are paid for. Buyers decision about such rejections, owing to inherent defect(s) in the supplied
Materials, at whatever time, shall be final and binding upon the Vendor and Vendor shall not object to it in any manner whatsoever. All
packing, octroi, freight and holding costs or any other cost of such rejected material shall be borne by the Vendor.
b. The Vendor shall replace the rejected Material within the days mentioned by the buyer from the date of receipt of the Buyers report
of rejection.
c. If the Buyer has approved a sample prior to supply, the Materials supplied shall be according to sample previously approved by the
Buyer. The Buyer shall be entitled to reject the Materials which in their opinion are not according to the sample. No payment shall be
made for such rejected Materials.
d. The Buyer reserves the right to cancel or amend the Purchase Order or any part thereof for the following reasons:
a) Irregularities in the supply(s),
b) Rejections,
c) Escalations in the prices,
d) Not required by the Buyer, without assigning any reason and without in any manner incurring and any liability.
e. The Buyers decision shall be final in dispute arising out of Purchase Orders. Money due to the Buyer, either as damages or under
any other orders may be adjusted when settling payment against this order.
25. In case of breach of its obligations under this Purchase Order by the Vendor leading to disruption of service promised hereunder, it
shall be competent for the Buyer to terminate the Purchase Order fully or partially, without any extra cost compensation to the Vendor
or to procure the Materials from any other Vendor and in that event the Vendor shall in addition to the payment of Liquidated Damages
be liable to reimburse to the Buyer additional cost if any incurred on such procurement of Materials.
26. SECRECY AND CONFIDENTIALITY The Buyer and the Vendor shall treat the details of the Purchase Order and any information
made available in relation thereto asprivate and confidential and neither of them shall publish or disclose the same or any particulars
thereof (save insofar as may be necessary for the purposes of the Purchase Order), without the previous written consent of the other
Party, provided that nothing in this
Clause shallprevent the publication or disclosure of any information that (i) at the time of disclosure is already in the public domain or
public knowledge; (ii) after disclosure, becomes part of the public domain or public knowledge by publication or otherwise, except by
 ABHIJEET GROUP
Regd. Office : 39, Ambazari Layout, Nagpur - 440 010 Maharastra ( India) Duplicate Copy
PH : +91-712-224 9905 / 5570 / 7972 / 7760 Fax : +91-712-223 6660 Page : 4 of 5
E-Mail: contact@abhijeet.in Website : www.abhijeet.in
Company : ABHIJEET FERROTECH LTD Purchase Order : 4500045205
Plant : ABHIJEET FERROTECH LTD Purchase Order Date : 11.07.2014

REQUESTED TO SUPPLY FOLLOWING MATERIAL (S) AS PER GIVEN TERMS & CONDITIONS

breach ofthis Purchase Order by Vendor; or (iii) the Vendor can establish by reasonable competent written proof, that the confidential
informationwas in its possession at the time of disclosure and was not acquired, directly or indirectly, from the Buyer. The Vendor
agrees that it will
not use the confidential information of the Buyer for any purpose other than the performance of its obligation under the Purchase Order.
27. Force Majeure:
a. The Vendor shall not be liable for forfeiture of its performance security, liquidated damages, or termination for default if and to the
extent that its delay in performance or failure to perform its obligations under the Purchase Order is the direct result of an event of
Force Majeure. Such events may include wars, revolutions, insurgency, fire, flood, cyclone, epidemics, quarantine restrictions, freight &
dispatch embargoes, statutory restrictions etc.
b. The Vendor shall give a notice in writing of occurrence of Force Majeure event and if possible supported by the certificate from local
chamber of commerce. On receipt of such notice the Buyer may suitably adjust the delivery period. If the Force Majeure event
continues for more than 30 (thirty) days, the Buyer and Vendor shall agree on future course of actions to be taken. If the agreement is
not reached within one week after the period of thirty days the Buyer shall have the right to cancel the order without any financial
obligation and such cancellation shall not be referred to the Arbitration.
28. Assignment:
a. The Vendor shall not assign or hypothecate either in whole or in part this Purchase Order to any other party without prior written
approval of the Buyer. Any assignment or hypothecation without prior written approval of the Buyer shall be void.
29.Termination:
a. The Buyer, without prejudice to any other remedy for breach of Purchase Order, by ten days written notice of default sent to the
Vendor, may terminate the Purchase Order in whole or in part and no compensation whatsoever shall be payable:
a) If the Vendor fails to deliver any or all of the Materials within the period specified in the Purchase Order, or within any extension
thereof granted by the Buyer.
b) If the Vendor fails to perform any other obligation under the Purchase Order.
30.Intellectual Property Rights (IPR):
The Vendor shall ensure that the Materials supplied are not infringing any and all Intellectual Property Rights including but not limited
tpatents, copyrights, designs and trademarks and shall indemnify, defend and hold harmless and continue to indemnify the Buyer, its
directors, employees, affiliates, subsidiaries, agents, customers and end users from any claims, suits, etc. filed against the Buyer.
31.Indemnity:
The Vendor shall indemnify, defend and hold harmless the Buyer and Buyers affiliated corporations and their officers, directors,
employees and agents against and in respect to any and all claims, demands, losses, cost deficiencies, including interests, penalties
and reasonable attorney#s fees arising as a result of or in connection with any breach of the Vendor, or failure by the Vendor to
perform, any of its representations, warranties, undertakings or other obligations under this Purchase Order, any claim, suit, injunction
or other relief arising out of any claim that the Materials or any process, technique, or means of manufacturer adopted by the Vendor
with respect to the Materials infringes or violates any intellectual property rights. This clause shall survive the expiration or termination
of the Purchase Order.
32.Sovereign Immunity.
The Vendor hereto unconditionally and irrevocably:
33.Agrees that the execution, delivery and performance by it of this Agreement do not constitute sovereign acts;
34. Agrees that should any proceedings be brought against it or its assets in relation to this Agreement or any transaction contemplated
by this Agreement, no sovereign immunity from such proceedings, execution, attachment or other legal process shall be claimed by or
in behalf of itself or with respect to any of its assets, to the extent permitted by law; and
35.To the extent permitted by law, waives right of sovereign immunity, which it or its assets now has or may acquire in future.
36.Precedence of documents :a. All the documents relating to the material with respect to the Purchase Order shall form integral part of
the Purchase Order and wherever there is a contradiction in certain provisions contained in two documents, as a general guidelines,
the following order of precedence shall be applicable:
37.Purchase Order read in conjunction with its amendments, if any. No variation in or modification of the terms of the Purchase Order
shall be made except by written amendment signed by the parties.
38.Survival:
Any provision in this Purchase Order which, by its nature, would reasonably be expected to be performed after the final acceptance of
Materials or termination of this Purchase Order shall continue to survive and be enforceable.
39.Resolution of Disputes and Arbitration:Any dispute in respect of which amicable settlement has not been reached within thirty days
period shall be finally and conclusively settled by arbitration in accordance with The Arbitration and Conciliation Act, 1996 and any
other enactment or modification thereof for
the time being in force. The following provisions shall apply to any arbitration proceedings:
Each party shall appoint its own Arbitrator and bear the cost of its own Arbitrator, these two shall appoint a mutually acceptable Lead
Arbitrator, whose cost shall be borne equally.The language to be used in the arbitration proceedings shall be English.The place of
arbitration shall be Vizag. The award shall be final and binding.Each of the Parties shall bear their respective costs. Undisputed
 ABHIJEET GROUP
Regd. Office : 39, Ambazari Layout, Nagpur - 440 010 Maharastra ( India) Duplicate Copy
PH : +91-712-224 9905 / 5570 / 7972 / 7760 Fax : +91-712-223 6660 Page : 5 of 5
E-Mail: contact@abhijeet.in Website : www.abhijeet.in
Company : ABHIJEET FERROTECH LTD Purchase Order : 4500045205
Plant : ABHIJEET FERROTECH LTD Purchase Order Date : 11.07.2014

REQUESTED TO SUPPLY FOLLOWING MATERIAL (S) AS PER GIVEN TERMS & CONDITIONS

obligations shall continue during pendency of arbitration proceedings.

40.Governing Laws: The Purchase Order shall be governed by the laws of India and subject to clause 33 hereinabove, the courts of
Vizag (India), shall have exclusive jurisdiction.

1. Method of Product release : Inspection at Receipt

(Authorized Signatory)