Clearing and Forwarding Agent Agreement

Sample / Template Notes Regarding Appointment of C&FA Format in word/.doc

1)           The firm to whom C&FA work will be assigned shall bring in Security Deposit of Rs. 15.00 Lacs carrying interest of 10% per annum.  The existing C&FAs, who have deposited Security Deposit less than Rs. 15.00 Lacs shall bring in the balance of Security Deposit by 30th June, 2013.

2)           The following expenditures will be borne by Rocket Sales Limited (RCL):
a)     Godown Rent
b)     Godown Electricity Bill will be paid on actual basis.
c)     Local freight/delivery charges
i)  The freight/delivery charges for full truck load will be reimbursed by the Company.
ii)The freight/delivery charges for part truck/small load will be paid by the customer on cash and carry basis.
d) All printed stationery like Invoice, Letter Head, etc., where Company’s name/Logo is printed will be to Company’s Account.
e) Marketing team of the branches will be responsible for procurement of ‘C’ Forms.
f)      The commission will be paid as follows:
i)        1% of the Merchandise value upto a sale of Rs. 50 Lacs.
ii)     0.75% of Merchandise value from Rs. 50-60 Lacs.
iii)    0.60% on Merchandise value from Rs. 60-75 Lacs.
iv)    0.50% on Merchandise value from Rs. 75 Lacs &
g)   The Octroi charges wherever applicable will be paid on actual basis.

3) The following expenditures will be borne by C&FA:

a)     All unloading/handling and loading charges shall be borne by C&FA.
b)     All Conveyance, phone, fax, postage, courier and all other Misc. charges will be borne by C&FA.
c)     The C&FA team will be responsible and organize all ‘F’ Forms.
d)     The C&FA will provide adequate staff and labour for proper functioning of the stock godown work and work related to Invoice making and any other allied work.
e)     The C&FA team will be responsible for submission of sales tax/VAT return/Excise Return and all liaison work with statutory bodies on behalf of the Company.


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