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SALES AND STATISTICS

Acceptance of payment against sale of F.P Cotton Bales


Ref : S.P.C.. decision dated 7.8.2000.

1. Presently, as per the terms and conditios Of F.P. Cotton Bales Sale contract, if a buyer wants to take delivery without weight, it was being allowed by accepting payment on the basis of 49 candies for 100 bales

2. However, looking to the present trend of average , Press-weight per bale and to avoid tile delay in issuance of refund oders, the Federation is please to aannounce that the biyer may be allowed to take delivery of bales without weight on the basis of 48 candies for 100 bales.

3. These instructions will come into effect from the date of issue irrespective of bales pertaining to any season excluding Saw Gin Factories of Federation at Bahulgaon and Balapur.

4. However, the concerned Zonal Officials are instructed to get ensure that in no case there should remain any outstanding amount recoverable (DEBIT BALANCE) from the concerned party against the contract.

5. Other terms and conditions shall remain unchanged

6. This policy decision has been taken by the Federation to avoid hardship to our esteemed buyers of F.P. Cotton Bales.

(V.K. Kokate)
General Manager (A & F)

 

 


 

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