PAPER TRADE CUSTOMS OF INDIAN TRADE                                                                                                    EFFECTIVE FROM 1992

 DELAYED DELIVERIES

1.   Specifications of makings (along with sample in case of special grades or orders) shall be sent to the seller in

      reasonable time but not later than eight weeks before the due date of delivery required by the buyer, If the paper

      ordered/contracted for acceptance, be ready for delivery on the specified date, and the buyer does not take delivery

      when requested by the seller to do so, whole of the delivery be not ready, the seller may invoice such portion of the

      order as is ready, unless a fixed date for delivery of the whole order is agreed to between the buyer and the seller. In

      case samples are not received in time, the supply will conform to the mill's normal specifications for similar quality.

2.   Paper and board stored at the mill beyond the agreed date of dispatch shall be subject to a rental as is determined by

      the mill. The maximum period of storage shall be four weeks from the date on which goods were scheduled for

      dispatch, as mentioned aforesaid, and the seller shall thereafter have the right to dispose of the stored material at the

      risk of the buyer.

3.   Where the material mentioned in X (1) above is dispatched to the buyer and the buyer does not take delivery there of

      the transaction shall be deemed to have been repudiated by the buyer and the seller shall have the right to dispose off

      the stores at the risk of the buyer.

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