Common use of Rail Dispatches - Billing and Payment Clause in Contracts

Rail Dispatches - Billing and Payment. 12.2.1 All despatches through rail shall be against advance payment only. In case any customer intends to avail credit facility, such customer shall deposit one rake (4000 tonnes) coal value together with taxes and duties and other charges as applicable. In such case, payment shall be made within three working days from the date of moving of xxxxx from SCCL’s Delivery Point. Mode of payment shall be through RTGS / Demand Draft / Online transfer. In the event of delay, the seller shall be entitled to charge interest as per the Interest Rate.

Appears in 4 contracts

Samples: E Fuel Supply Agreement, E Fuel Supply Agreement, E Fuel Supply Agreement

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Rail Dispatches - Billing and Payment. 12.2.1 All despatches through rail shall be against advance payment only. In case any customer intends to avail credit facility, such customer shall deposit one rake (4000 tonnes) coal value together with taxes and duties and other charges as applicable. In such case, payment shall be made within three working days from the date of moving of xxxxx from SCCL’s Delivery Point. Mode of payment shall be through RTGS / Demand Draft / Online transfer. In the event of delay, the seller shall be entitled to charge interest as per the Interest Rate.

Appears in 1 contract

Samples: Preliminary and Tentative Draft

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