ON RS.

100/- STAMP PAPER TO BE NOTARISED

HIGH SEAS SALE CONTRACT

This contract is being entered into on this day of 2009, between M/s. (Seller), -- Address --, herein after referred to as Sellers (which expression in so far as the context admits, shall include their successors, assignees and nominees) and M/s. (Buyer), -- Address --, herein after referred to as the Buyer (which expression shall, in so far as the context admits shall include their Successors, Assignees and Nominees) witnessed as herein under. THE SELLER AGREES TO SELL AND THE BUYER AREES TO BUY ON High Seas Sales basis _________ MT of ___________________ under B/L No. ________________________ dt.___________ subject to following Terms and conditions:

1. Description 2. Packages 3 Net Weight 4. Sale Value 5. Name of Vessel

: : : : CIF +2% (OR Actual price in Rs.) :

6. Name of Supplier : 7. The titles of the goods are unconditionally and constructively transferred.

8. All Import Duty Auxiliary Duties Government Dues, Levies and Taxes will be paid by the Buyer directly to the authorities concerned. 9. Payment to be made on due date. In case of late payment, interest @ 15% p.a. shall be charged extra to the buyer. 10. The allied expenses also will be borne by the buyer. 11. All charges or levies that shall/might arise during subsequent to this transfer of bond in future shall be borne by the buyer which includes Customs Duties/Excise Duties/Safe Guard/Anti Dumping/Countervailing Duty/Octroi clearing charges/sales tax and or levies direct or indirect taxes etc. 12. The buyer shall be entirely responsible and answerable to any government body/agencies on any queries/less charges/investigation in future. 13. The buyer will make their own arrangement for clearance and delivery of goods at their own risk, responsibility and cost and shall pay Octroi and other duties and levies as applicable and all other clearing charges as applicable 14. All claims for shortage etc. will be settled by buyer directly with insurance/customs/shipping co., etc 15. Sales Tax if any as applicable will be to Buyers account 16. Should the buyer clear the consignment under licence in that case all liabilities/Responsibilities/Queries to be fulfilled directly by the buyer without recourse to the replied seller. 17. Any contravention shall be deemed as breach of the agreement for which the buyer shall have to bear the entire consequence and responsibilities. 18. Buyer is to give a Post dated cheques for the contract amount to the seller. 19. All other terms for the best interest of the seller in any case not having the interest of the buyers. 20. All other issues as per the our Standard Terms and conditions. 21. In case the buyer fails to take the delivery of the material, by any reason he shall be held responsible for all the losses and damages arising there from.

22. Interest on duty amount after 07 days from the date of bonding of material is to buyers account. The contract is subject to Government directions/regulation in force. In witness thereof seller and the buyer hereto have to set their respective hands and seals on the date mentioned above. Please return the duplicate copies of this contract duly sealed and signed in acceptance We confirm the above and accept all terms and conditions as mentioned in the contract. For and on behalf of seller For and on behalf of buyer

IEC Code: Place: Date:

IEC Code: Place : Date:

ON SELLERS LETTER HEAD

Date: To, Deputy Commissioner of Customs Import Department, Jawaharlal Nehru Custom House, JNPT. ------Dear Sir, Sub: Consignment of MTS. (Description) arriving per VesselVide Bill of Lading No. dt. -----------------------------------------------------------------------------With reference to the above subject, we would like to state that we have sold the above goods on High Seas Basis, to M/s. (Buyer), -- Address --.

You are requested to allow clearance for the subject cargo to them and oblige Thanking you, Yours faithfully, For (Seller)

Authorised Signatory

ON BUYERS LETTER HEAD

Date: To, Deputy Commissioner of Customs, Import Department, Jawaharlal Nehru Customs House, JNPT. Dear Sir, Sub: Consignment of MTS. (Description) arriving per VesselVide Bill of Lading No. dt. -----------------------------------------------------------------------------We confirm having purchased the above goods from M/s. (Seller), -- Address --, on High Seas Sales Basis. Kindly allow us to clear the same in our name and oblige. Thanking you, Yours faithfully, For (Buyer)

Authoirised Signatory

WAREHOUSE SALE CONTRACT DTD. NAME AND ADD. OF BUYER NAME AND ADD. SELLER BOND NO BILL OF LADING NO DESCRIPTION OF GOODS QUANTITY NAME OF FOREIGN SUPPLIER/ INVOICE NO & DATE NAME OF VESSEL CONSIDERATION : : : : : : : : : : DT.

Contd2.

: 2: PAYMENT OF COST OF DOCUMENTS Full payment of cost of documents comprising of CIF value banks interest, commission and other charges for retirement of documents to be made by buyer to us. DELIVERY We will transfer all rights and title of the above goods to you by endorsing the above bill of lading in your favour. IMPORT DUTIES AND CLEARING CHARGES In view of the disposal of the goods on high seas sales you shall arrange clearance of the goods from customs at your sole risk and responsibility. The entire clearing expenses viz. custom duties clearing charges, demurrage, Octroi, etc. will be borne by the buyer and paid directly to the customs and of clearing and forwarding agents. SALES TAX SALES TAX, if and as applicable, shall be to buyers account. If you at a later date the sales tax authorities assess sales tax on this sale the same shall be paid by you to us on demand for this you shall execute indemnity bond on Rs.100/- stamp paper holding us indemnified for the sales tax liability. INSURANCE CLAIMS As regards any loss/ damage / shortage and or any other claims to the consignment, we shall nominate and subrogate our rights to you to recover the amount from insurance company / steamer agent and / or customs authorities to enable you to deal directly with the concerned. In witness thereof the seller and the buyer hereto set their respective hands on the date mentioned above. Please return to us the duplicate copy of this contract duly sealed and signed. For and on behalf of seller For and behalf of buyer

DATE: TO, The Deputy Commissioner Of Customs, Bond Dept. Jawahar Custom House, Nhava Sheva SUB: PURCHASE ON BONDED WAREHOUSE GOODS REF: BOND NO: DESCRIPTION: INVOICE NO : QUANTITY : We hereby confirm that we have purchased the subject material on warehouse sale from M/s.

We request you to kindly permit us to clearance of the consignment on our behalf and oblige. Thanking you, Yours sincerely For

(Buyer)

DATE: The Deputy Commissioner Of Customs, Bond Dept. Jawahar Custom House, Nhava Sheva SUB: SALE ON WAREHOUSE SALE BASIS REF: BOND NO: DESCRIPTION: INVOICE NO : QUANTITY : We hereby confirm that we have sold the above consignment on warehouse sale to M/s.

Kindly permit them to clear the consignment after necessary formalities and oblige. Thanking you, Yours sincerely, For

(Seller)