Sales Contract Template for Ready Made

Garment Factory
Engr Kh Mashiur Rahman March 10, 2021 RMG Document Leave a comment 1,229 Views

SALES CONTRACT

                                                                                        CONTRACT No.: SSPR/02/12-15

                                                                                                                                        

DATE: 30.06.2019

AS AGREED BETWEEN BOTH THE PARTIES M/S.RAAA INTERNATIONAL,INDIA,

BENEFICIARY (hereinafter referred to ‘PRINCIPAL’) AND AUTO FASHIONS LIMITED,
BANGLADESH, MANUFACTURER AND AGENT (hereinafter referred to ‘VENDOR’)
ARE HEREBY AGREED TO CONTRACT FOR JOB WORKING
(CMT–CUTTING/MAKING/TRIMMING) TO MANUFACTURE READYMADE
GARMENTS FOR THE PRINCIPAL UNDER THE FOLLOWING TERMS &
CONDITIONS.

A. NAME OF BENEFICIARY RAAA INTERNATIONAL :

    INDIA  
       
       
INDUSIND BANK LTD. KOLKATA
B.   BENEFICIARY’S BANK DETAILS :
BRANCH,  
C. NAME OF ULTIMATE BUYER : ZARA. SWITZERLAND
       
NAME OF SUB CONTRACTOR-
D. : AUTO FASHIONS LIMITED
CUM
  AGENT   DHAKA, BANGLADESH
       
       
       
SUB CONTRACTOR’S BANK
E. : ISLAMI BANK BANGLADESH LTD
DETAILS
      LOCAL OFFICE, MOTIJHEEL C/A,
      DHAKA, BANGLADESH
SWIFT : IBBLBFFDDH102 ACCOUNT No.
     
CA-9555363  
F. FINAL PRODUCT :  16222900 PCS MEN’S L/S SHIRT
       
TOTAL VALUE ( CMT ) (As per
G. : USD 225558,397.50  
attached sheet)
  H.     SHIPMENT DATE (As per attached   :   SHIPPED ON BOARD: EXPIRY DATE:  
 sheet)
I. MODE OF SHIPMENT : BY SEA, CHITTAGONG, BANGLADESH
       
J. PORT OF DISCHARGE : AS PER ULTIMATE BUYER’S LC.
K. MODE OF PAYMENT : BY T/T THRU BANK

                    Seal & Sign                                                                                      Seal & Sign

FOR AND ON BEHALF OF VENDOR                                         FOR AND ON BEHALF

OF PRINCIPAL

      Contd… 2…

      
  L.   REQUIRED DOCUMENTS:   
ORIGINAL 3/3 + NN COPY OF BILL OF LADING TO BE ISSUED BY THE
 
BUYER NOMINATED FORWARDER  
M. DECLARATION:  
   
GARMENTS TO BE MANUFACTURED BY THE ‘VENDOR’ AT THEIR
FACILITY FROM FABRICS SUPPLIED TO THEM ON FOC BASIS BY THE
‘PRINCIPAL’ PART FROM CHINA/INDIA ALONGWITH CERTAIN
I) ACCESSORIES PART FROM HONGKONG/CHINA/INDIA ALSO ON FOC  
BASIS. GARMENTS TO BE MANUFACTURED STRICTLY IN
CONFORMITY WITH SAMPLES APPROVED BY OVERSEAS GARMENT
BUYER.
‘VENDORS’ AGREES TO INSPECT FULL QUANTITY OF ALL RAW
MATERIAL SUPPLIED TO THEM ON FOC BASIS BY ‘PRINCIPAL’ WITHIN
II) 3 (THREE) DAYS OF RECEIPT OF GOODS & FURNISH INVENTORY &  
QUALITY REPORT TO THEM BEFORE CONSUMPTION OF RAW
MATERIAL.
‘VENDOR’ WILL ALLOW THE ‘PRINCIPAL’ OR ANY THIRD PARTY,
APPROVED BY THE ‘PRINCIPAL’ TO INSPECT THE GOODS AT THEIR
III) FACTORY DURING ALL WORKING HOURS TO CHECK THE  
QUALITY/QUANTITY OF GARMENTS FOR ACCEPTANCE OF
COLLECTION OR REJECTION AS THE CASE MAY BE.
‘VENDOR’ IS AGREED TO COMPENSATE TO THE ‘PRINCIPAL’, THE
COST OF RAW MATERIALS AND PAY DUTIES, TAXES, PENALTIES, IF
1V) ANY IMPOSED BY THE GOVERNMENT AGAINST INCOMPLETION OF  
EXPORT DUE TO LOSS AND OR DAMAGE AND OR THEFT CAUSED
WHILE IN THEIR CUSTODY.
‘VENDOR’ SHALL NOT GIVE/TRANSFER THE JOB TO ANY OTHER
V)  
PARTY UNDER ANY CIRCUMSTANCES.
‘VEDOR’ MUST SEND ALL POST SHIPMENT DOCUMENTS TO THE
VI)  
‘PRINCIPAL’ WITHIN 5 (FIVE) DAYS AFTER SHIPMENT.
GARMENTS TO BE SHIPPED FROM CHITTAGONG/DHAKA,
VII) BANGLADESH BY ‘VENDOR’ TO THE ULTIMATE BUYER ON BEHALF  
OF THE ‘PRINCIPAL’.  
                    Seal & Sign                                                                                      Seal & Sign

FOR AND ON BEHALF OF VENDOR                                         FOR AND ON BEHALF

OF PRINCIPAL