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    2024 004.VJ Ste

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    dulal.bd1981
    1) VJChem Group Joint Stock Company is selling 51 metric tons of polypropylene to Step Net Solution (Pvt.) Ltd. for $53,550 under CFR terms. 2) Payment will be made through an irrevocable letter of credit for 100% of the invoice value. 3) Required documents for payment include an original bill of lading, commercial invoice, packing list, and certificate of origin.

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    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd

    2024 004.VJ Ste

    Uploaded by

    dulal.bd1981
    24 views2 pages
    1) VJChem Group Joint Stock Company is selling 51 metric tons of polypropylene to Step Net Solution (Pvt.) Ltd. for $53,550 under CFR terms. 2) Payment will be made through an irrevocable letter of credit for 100% of the invoice value. 3) Required documents for payment include an original bill of lading, commercial invoice, packing list, and certificate of origin.

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    2024-004.VJ-STE

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    1) VJChem Group Joint Stock Company is selling 51 metric tons of polypropylene to Step Net Solution (Pvt.) Ltd. for $53,550 under CFR terms. 2) Payment will be made through an irrevocable letter of credit for 100% of the invoice value. 3) Required documents for payment include an original bill of lading, commercial invoice, packing list, and certificate of origin.

    Copyright:

    © All Rights Reserved
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    24 views2 pages

    2024 004.VJ Ste

    Uploaded by

    dulal.bd1981
    1) VJChem Group Joint Stock Company is selling 51 metric tons of polypropylene to Step Net Solution (Pvt.) Ltd. for $53,550 under CFR terms. 2) Payment will be made through an irrevocable letter of credit for 100% of the invoice value. 3) Required documents for payment include an original bill of lading, commercial invoice, packing list, and certificate of origin.

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    © All Rights Reserved
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    VJCHEM GROUP JOINT STOCK COMPANY

    Add: Industrial Zone 1, NGHI SON Economic Zone, Mai Lam Ward, Nghi Son District, Thanh Hoa Province, Vietnam
    Tell: +842373203868 Email: Jenny@vjchem.vn

    SALES CONTRACT/PROFOMA INVOICE


    No.: 2024-004/VJ-STE
    Date: 05/03/2024
    THIS CONTRACT INCLUDES THE PARTICULAR TERMS AND CONDITIONS (A) AND THE GENERAL TERMS AND
    CONDITIONS (B), AS THE FOLLOWING:
    A. PARTICULAR TERMS AND CONDITIONS
    THE SELLER THE BUYER
    Name: VJCHEM GROUP JOINT STOCK COMPANY Name: Step Net Solution (Pvt.) Ltd.
    Address: Industrial Zone 1, NGHI SON Economic Zone, Mai Lam Address: 16 Paribagh, Sonargoan road (3rd floor), Hatirpul,
    Ward, Nghi Son District, Thanh Hoa Province, Vietnam Dhaka, Bangladesh.
    (The Seller and the Buyer are individually referred hereinafter to as a "Party" and collectively referred to as the "Parties")
    I.COMMODITY – ORIGIN – QUANTITY – PRICE
    ITEM COMMODITY (Goods) ORIGIN QUANTITY UNIT PRICE AMOUNT DELIVERY TERM
    (MTS) (USD/MT) (USD) (INCOTERMS 2020)
    1 POLYPROPYLENE NSY114G VIETNAM 51.000 1050.00 53,550.00 CFR Chattogram,
    HS Code: 3902.10.00 Bangladesh
    TOTAL: 51.000 53,550.00

    Total amount in words: Fifty three thousand, five hundred fifty US Dollars.
    Tolerance: Quantity and amount are more or less 10% (In words: Ten percent) at the Seller’s option.
    FOB VALUE: 51,550.00 USD
    FREIGHT CHARGE: 2000.00 USD
    II. SHIPMENT 3.3. Beneficiary account information:
    2.1.Shipment information: Beneficiary name: VJCHEM GROUP JOINT STOCK COMPANY
    (i) Latest shipment date : April-30-2024 Bank name : JOINT STOCK COMMERCIAL BANK FOR
    (ii) Packing : In export standard packing. In container FOREIGN TRADE OF VIETNAM
    (iii) Port of loading : Any Port in Vietnam Account No. : 1111256666
    (iv) Port of discharge : Chattogram - Bangladesh Swift code : BFTVVNVX
    (v) Partial shipment : Allowed 3.4.In case the Buyer does not comply with the above payment
    (vi) Transshipment : Allowed schedule, the Seller is entitled to penalty of 0.01% of the unpaid
    2.2.Delivery date is subject to product and transport availability. amount per delay day of the Buyer. In addition, the Seller shall have
    In the event that the shipment is not taken by the Buyer and/or consignee full right to cancel the contract and/or to make claims to the Buyer.
    within 21 days as of the arrival time of the shipment at the port of discharge,the The shipments may also be delayed and/or cancel due to such non-
    Buyer and consignee are deemed to have abandoned the shipment and such compliance by the Buyer without the Seller’s bearing any
    shipment is at the disposal of the Seller, whose rights in such case are, responsibilities. All arising fee from such non-compliance shall be
    including but not limited to (i) selling the shipment to a third party; or (ii) for the Buyer's account. This arising fee shall be settled within 30
    placing the shipment in any storage as provided for under this Contract, etc… days as of the date of the invoice issued for such fee.
    III. PAYMENT IV. THE REQUIRED DOCUMENTS
    3.1.Payment Schedule: The following documents should be presented within 30 days
    (i) 100% invoice value by Irrevocable Documentary Letter of Credit after shipment date:
    At Sight in favor of the seller available with any bank in the country of 4.1. Full set of original clean onboard Bill of Lading marked “Freight
    beneficiary by negotiation, payable in any country to be issued before prepaid”.
    Mar.20,2024 and advised through the bank nominated by beneficiary. 4.2. Signed Commercial Invoice in triplicate.
    (ii) All bank charges inside beneficiary’s country are to be paid by 4.3. Packing List in triplicate.
    beneficiary, all bank charges outside beneficiary’s country are to be
    paid by applicant including reimbursement charges. 4.4. Certificate of Origin issued by competent authority.
    3.2. Original L/C must be issued by first class bank in country of issuing Special instruction:
    bank. House B/L is acceptable.
    Trivial typo mistakes are acceptable.
    Third - party documents are acceptable.

    IN WITNESS WHEREOF, this Contract has been entered into by the authorized representative of the Parties on the foregoing date.
    FOR AND ON BEHALF OF THE SELLER FOR AND ON BEHALF OF THE BUYER
    VJCHEM GROUP JOINT STOCK COMPANY
    Add: Industrial Zone 1, NGHI SON Economic Zone, Mai Lam Ward, Nghi Son District, Thanh Hoa Province, Vietnam
    Tell: +842373203868 Email: Jenny@vjchem.vn

    B. THE GENERAL TERMS AND CONDITIONS


    ARTICLE 1. Assignment
    This contract is not assignable without the prior written consent of the SELLER
    BUYER’s confirm that the Goods will be wholly consumed in Destination/Country specified above and will not be re- export to any other
    Destination/country without the prior consent of the SELLER’s.
    ARTICLE 2. Inspection Certificates
    NSRP Laboratory’s inspection is final and binding to all parties concerned.
    PP is claimable if its quality does not follow TDS and MSDS as mentioned in the offtake agreement with NSRP & PIC and after NSRP
    conclusion about the case.
    ARTICLE 3. Taxation
    Dues and Taxes outside the State of Vietnam/ Origin to be borne by BUYER’s.
    ARTICLE 4. Claims
    Claims of whatsoever nature shall be honored only if made, handed over to the other party within 60 days from the Arrival date at the Port of
    Discharge. Noncompliance by the claimant of the above 60 days shall result in voluntarily waiver of all claimant rights in this regard.
    In case of breach of any of the terms & conditions of this contract. The SELLER have an option to terminate this contract partially or wholly at
    any time with 24hrs notice by fax/email without any need of any judicial interference or buyer acceptance and BUYER’s hereby waive all their
    rights for whatsoever, compensation from SELLER in such cases.
    ARTICLE 5. Force Majeure
    Deliveries or shipments may be totally suspended by the Seller, or their producers pending contingencies such as total or partial stoppage of
    any works, from which the goods in question is directed or intended by the Sellers to be supplied, breakdowns of plant or machinery, in any
    such works, strikes, lockouts, labor trouble, shortage of trucks, railway detention, accidents civil commotion, blockade, epidemic, war, national
    emergency, Government interfaces, fires, shortage of or difficulty in any such works as aforesaid in obtaining sufficient supplies of fuel, power
    or raw material to manufacture. Acts of God, prohibition of export or withholding of license to export by any Government or other authority, or
    any case of force majeure, or any cause of whatever nature beyond control of the Sellers or their producers, preventing, hindering, interfering
    with or diminishing the manufacture or output or the transport or delivery of the goods.
    ARTICLE 6. Applicable Law
    This Contract shall be governed by and construed in accordance with the laws of Vietnam. Any dispute arises out of this Contract shall be
    submitted to the exclusive jurisdiction of the courts of Vietnam.
    This Contract is made in two (02) originals in English, one (01) original shall be kept by the BUYER and the other shall be kept by the
    SELLER.

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