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DISTRIBUTION POLICY FOR THE YEAR 2010 – 2011
This distribution policy will be operative until further amendment. 1. COMMISSION STRUCTURE FOR DIRECT TRADE DISTRIBUTION : All trade stockists appointed by the company are eligible 8% & 10% bill by bill commission on Schedule and Non-Schedule products, respectively. The said commission will be allowed on net trade rate (i.e. Trade Rate – Excise Duty ). 2. PAYMENT TERMS : a) Please pay our Bill within 30 days from the date of L/R. b) We will be forced not to dispatch goods if any of your invoices kept due over 45 days. c) We will be charging bank interest (18%) after 45 days 3. CASH DISCOUNT FOR C.O.D ( CASH ON DELIVERY ) SALES : Apart from usual commission 2% extra cash discount will be allowed on C.O.D. sales only after receipt of payment by Demand Draft / Cheque (Kolkata clearing cheque or at per). 4. QUANTITY REBATE SCHEME FOR RETAILER : Time to time the company will allow QRS (Quantity Rebate Scheme) for retailer which will be dispatched to stockist for onward supply to retailers as per order placed. GENERAL NORMS FOR DISTRIBUTION A. Date of payment will be considered on the basis of date of receipt of Pay Order/ Bank Draft/Date of encashment of cheque. B. F.O.R. facility will be offered against consignment of minimum net value of Rs. 5,000/- (Rupees Five Thousand only). Below 5,000/- consignment may be dispatched in special occasion which is under the prerogative of the Company. C. In case of COD purchase of outstation stockist, consignment will be dispatched to the stockist’s destination only after receipt of payment and document to be handed over to the party. D. In case of any expiry/breakage/damage, it will be settled as per the norms of AIOCD. In no circumstances part payment against any invoice will be accepted to avoid severe accounts problem. The above distribution policy may be changed and/or amended further if situation demands.
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