1. REGD. OFFICE :
PURCHASE ORDER
SUPPLIER
REF
NO
BS112-S.K. POLYMERS
37/a 3rd phase 9th main road
peenya ind area dugalamma layout
Bangalore
skpolymers6@gmail.com
LOKESH
7217952 20-JUN-14
SR NO. ITEM CODE /
MPA NO.
ITEM DESCRIPTION QUANTIT
Y
1
2
CO9896
CO9895
FLAT BELT,1085 X 25 X 2MM ,FOR REAM CUTTING
MACHINE
FLAT BELT,777 X 25 X 2MM ,FOR REAM CUTTING
MACHINE
14.000
14.000
RATE
1100.00
650.00
15400.00
9100.00
DELIVER AT BANGALORE FACTORY
560058-
23-JUN-14
WORKS : Devanahali Road, Via Old Madras Road, Bangalore - 560 049.
Ph : 28472900-4, 28472014 - 2016 , 28472521 Fax : 91-080-28472905/28472616
5TH LEVEL, LEELA BUSINESS PARK, ANDHERI-KURLA ROAD, MAROL, ANDHERI (E),
MUMBAI - 400 059. PHONE : 022 - 4021 2121 - FAX : 022 - 4021 2102
DATE
BUYER DATED
SUPPLIER
PLEASE SUPPLY THE UNDERMENTIONED GOODS/SERVICES SUBJECT TO TERMS & CONDITIONS CONTAINED ON BOTH
SIDES OF THIS ORDER
VALUE (Rs.)
1. PLEASE SEND ACKNOWLEDGEMENT WITHIN 4 DAYS OF RECEIPT OF THIS ORDER.
DEL. CHARGES :
PKG. & FWDG.
CHARGES :
INSURANCE :
For GRINDWELL NORTON LTD
PAYMENT TERMS:
EXCIS
E
ST
%
OCTROI
%
BILLS IN DUPLICATE TO BE SENT IN SEPARATE ENVELOPE ADDRESSED TO BANGALORE WORKS ACCOUNTS ONLY
Authorised Signatory
DOC NO. : F-PUR-03-R1 REV NO.: 1 EFF DATE : 01-10-2009 EHS INSTRUCTIONS ENCLOSED
28052.50TOTAL AMOUNT ( PO Amt + ST + Excise )
2. PLEASE QUOTE THE PURCHASE ORDER NO, AND ITEM CODE ON ALL CORRESPONDENCE AND
DOCUMENTS RELATED TO THIS ORDER AND YOUR CHALLAN.
3. WHILE DELIVERING PLEASE ENSURE THAT THE GOODS REACH OUR STORES BEFORE 12 NOON
ON A WORKING DAY.
4. EACH UNIT PACK SHOULD HAVE A TAG SHOWING ITEM CODE DESCRIPTION AS PER P.O. AND
QUANTITY CONTAINED.
5. ALL MATERIALS SUPPLIED TO ANY OF OUR LOCATIONS SHOULD BE ASBESTOS FREE.
6. PLEASE ENSURE, YOU ARE CARRYING PUC FOR YOUR VEHICLE WHILE COMING TO
GRINDWELL NORTON CAMPUS. OTHERWISE YOU WILL BE PENALISED FOR RS. 100.00.
7. VAT TIN : 29210058242, CST : 10050371 dt 23.08.71, KST : 10000379 dt 23.08.71.
15 DAYS CREDIT AFTER RCPT. OF GOODS
0 % 14.5 % 0 %
.00
.00
.00
BNR BUYER ( LOCAL )
Rupees Twenty Eight Thousand Fifty Two And
Paise Fifty Only
GRINDWELL NORTON LTD.
Should there be denial of setoff in respect of the goods purchased,
the vendor shall be liable to compensate for the losses suffered,
including the tax amount, interest and penalty, if any.

2. TERMS AND CONDITIONS OF PURCHASE
1. CONFIRMATION OF ORDER
The confirmation of this order shall constitute the contract and shall be given in writing within four days of receipt of this order, failing which, acceptance will be presumed to
have been given by the Supplier.
2. The prices charged for the materials supplied under the contract shall in no event exceed the lowest price at which the Supplier sells the materials of identical description
to any other party during the period of contract. It is understood that there will be no revision of prices during the period of contract.
3. ACCEPTABILITY OF MATERIALS SUPPLIED & REJECTIONS
All items supplied by the Supplier against this order should be in accordance and in full conformity with our specifications, drawings and samples, if any, approved by the
Company. All items manufactured by the Supplier according to the Company’s blueprints drawings/ designs/ manufacturing data/specifications or information pertaining
thereto received, shall not be utilized by the Supplier or anyone on the Supplier’s behalf for the purpose of sale, manufacture or any other purpose.
4. The Supplier warrants that all goods / services to be furnished under this order shall be free from all defects latent or inherent, and faults in materials, workmanship or
manufacture. This warranty shall survive inspection of, payment for and acceptance of goods but shall expire (except in respect of complaints notified to the Supplier prior to
such date) 12 months after the receipt at the Company’s Works.
5. Materials purchased are subject to the Company’s inspection and approval at the Company’s Works, regarding quantity and specifications. No payment shall be made
without such approval. The Company’s inspection does not relieve the Supplier of the guarantee or responsibility to furnish satisfactory materials. If all or any of the
materials are not of the quality specified or required, they may be either rejected or accepted at a price fixed by the Company. The Company’s decision as to rejection and
the price fixed for acceptance, shall be final and binding on the Supplier. The Supplier will be responsible for and liable to replace or repair rejected items at the Company’s
option and free of cost to the Company within a reasonable time at the place of supply. Materials found defective during the warranty period will
also be rejected. The Company reserves the right to deduct the value of rejected materials from the Supplier’s bills or debit it to the Supplier’s account and pay for the
materials at the contracted price as and when replacements are made. In the event of unreasonable delay on the Supplier’s part in the replacement of rejected goods, the
Company reserves the right to cancel the contract and buy the requirements from the open market and recover the loss if any from the Supplier.
6. The Supplier will arrange to collect at his cost the rejected materials within a week from the receipt of such information. During this period the materials will be stored by
the Company at the Supplier’s risk. If the Supplier fails to collect the rejected materials within this period, the Company shall be entitled to dispose it off and remit the
proceeds there from to the Supplier after retaining actual disposal costs incurred by the Company. The Supplier must correctly account for raw material or other stores
delivered by the Company for manufacture of materials covered by this order and in the event of any unaccounted shortfalls loss or damage the Supplier must reimburse
the Company with the cost as determined by the Company.
7. DELIVERY
Time of delivery is the essence of this order. In case of delay of execution of this order the Company may (i) recover from the Supplier by way of liquidated damages a sum
of 2% of the price of items not delivered for a month or part of month or (ii) cancel the contract and / or (iii) purchase in the open market on the Supplier’s account and
recover the losses or damages suffered from the Supplier. The Company’s right to cancel the order will be without liability or waiver of any other remedies, if deliveries are
not effected as specified herein. All such written delivery authorizations shall be deemed to be incorporated herein and made a part thereof. In case the Supplier fails to
deliver materials strictly within the delivery schedule and dispatch the same by any costlier mode of transport including by air, on their own or on the Company’s request, the
entire additional expenditure will have to be borne by the Supplier.
8. It is expressly understood that the Supplier agrees to indemnify the Company against injury or damage caused to any other person or property while loading or unloading
the goods.
9. PAYMENT TERMS AND SETTLEMENT OF BILLS.
Supplier’s bill must be in triplicate and contain (a) The Company’s Purchase Order No. and date. (This must be shown on the supply challans, packing slips, invoices
packages, etc.) (b) Supplier’s challan No. and date (c) Place of Supply (d) Sales Tax Regn. No.. in absence of this we accept no responsibility for delay in payment or for
short receipt of the material in transit. Bills must contain such rate & expenses as expressed clearly in the Purchase Order. Any additional billing other than shown in
purchase order shall not be payable by the Company.
10. All payments shall be made either.
i) By acceptance of B / E or Hundi under BMS ii) “A/c Payee” Cheque only.
Goods dispatched by document through bank will not be accepted unless by Company’s prior consent. Bank collection Charges if any will be to the Supplier’s account.
11. No interest will be payable on overdue accounts unless previously agreed upon.
12. LEGAL ASPECTS.
Acceptance of any of the goods shall not discharge the Supplier from liability for damages or other legal remedy for breach of conditions or warranty contained herein or
implied by law.
13. FORCE MAJEURE:
The Company will not be in any way liable for non-performance either in whole or in part of any contract or for any delay in performance thereof in consequence of strike,
shortage of labour or lockout, breakdown or accident to machinery or other accident of whatever nature and all causes of whatsoever nature beyond the Company’s control.
Under such circumstances, the Company reserve the right to rescind the contract either in whole or in part.
14. Grindwell Norton Limited is not responsible for any order placed other than by the Manager or an authorised person.
15. GENERAL:
(i) In the event of any contradictions between the above conditions and the conditions of the seller, the buyer’s conditions will prevail.
(ii) This contract, shall be deemed to have been made at Devanahali Road, Via Old Madras Road, Bangalore - 560 049. and all suits and proceedings relating to this
contract shall be instituted in any court of competent jurisdiction in BANGALORE DISTRICT, KARNATAKA only.
(iii) Any dispute or claim arising out of this order/contract shall be referred for arbitration (and the place of arbitration being the city of BANGALORE DISTRICT,
KARNATAKA), in accordance with the rules provided under the Indian arbitration Act, 1940.
Name of the Commissionerate / Code : COMMISSIONERATE: BANGALORE
Range Name / Code No. : Devanahalli Road, Via Old Madras Road, Bangalore - 560 049.
Assessee Code No. (ECC No.) : AAACG8725BXM004