IN BOND SALE AGREEMENT

1) Name of the Seller          (Hereinafter called THE SELLER)

 2) Name of the Buyer        (Hereinafter called THE BUYER)

  3) Description and Quantity of Goods           (Hereinafter called "THE GOODS")
  4) Name of foreign supplier              (Hereinafter called "THE SUPPLIER")

The Seller hereby confirms having imported the said Goods from the Supplier in Japan against Invoice No.50732101 dated 11/3/2005 and BONDED the same into Customs Bonded Warehouse. …………………… vide Bill of Entry for Warehouse No………….. Dated ……………… (S.No……..)

The Seller has offered SALE of the said Goods to the Buyer as IN BOND SALES for

.......................................................................................................... including consideration.

IT IS HEREBY AGREED MUTUALLY BY THE BUYER AND SELLER as follows:

1)   The buyer accepts the offered price of ...................... including consideration.

2)    The buyer undertakes to pay applicable duty of on the Assessable Value for clearance

From the said Bill of Euiry for Warehouse No. …………. Dated………..   (Item Sl.No…………..only) under the said License. 3)  The buyer undertakes to bear the following charges for delivery at buyer's warehouse  addressed as above. 4)   Local sales Tax. Central Sales Tax, CESS, Special Additional Duty, other levies like Octroi, if any, involved in transferring the said goods as INBOND sale to the buyer.

The goods arc insured from the port of loading to warehouse of buyer.