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Rice Purchase Agreement

The document is a letter of intent from Eastgate Export Pvt Ltd to purchase rice from Golden Tree Agro Foods Exports Pvt Ltd. It details that Eastgate will purchase 1000 metric tons of rice per month for 60 months, for a total of 60,000 metric tons. The rice varieties are IR64 and 1121 Golden Sella Parboiled Rice. The price per metric ton is US$2,270 CIF Los Angeles, USA. Payment terms include 50% advance and 50% letter of credit. Delivery is within 10-30 days of order and inspection will be conducted by SGS.

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srinivasareddy
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252 views3 pages

Rice Purchase Agreement

The document is a letter of intent from Eastgate Export Pvt Ltd to purchase rice from Golden Tree Agro Foods Exports Pvt Ltd. It details that Eastgate will purchase 1000 metric tons of rice per month for 60 months, for a total of 60,000 metric tons. The rice varieties are IR64 and 1121 Golden Sella Parboiled Rice. The price per metric ton is US$2,270 CIF Los Angeles, USA. Payment terms include 50% advance and 50% letter of credit. Delivery is within 10-30 days of order and inspection will be conducted by SGS.

Uploaded by

srinivasareddy
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
You are on page 1/ 3

Company Name :

Date:28th of July, Golden Tree Agro Foods Exports Pvt Ltd,


2021 EastGate
Company Address:
Export Pvt ltd Mr. Nellore, Andhra Pradesh,
Nafis Ahmad(C.E.O) India.

Mobile. 0091 9885844445.

Landline. 91 861 2551207

www.goldentreeexports.com.

LETTER OF
INTENT
We the undersigned Eastgate export pvt ltd, here represented by Mr. Nafis Ahmad,
Director, hereby confirm with full legal and corporate responsibility and under penalty of perjury
that we are ready to purchase the commodity IR64 rice AND 1121 GOLDEN SELLA
PARBOILED RICE in the quantity and for the price as specified in the Terms and Conditions
stated below:

Commodity: RICE
Specification: Broken(5.%)

Moisture(14%)

Foreign matter(0.10%)

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Chalky kernel(7.00%)

Damaged kernal(0.1%)

Yellow kernel(0.07%)

Paddy grains/kg max(10grain)

Average lenght of grain(mm-7.2)


Bags 25 kg
Shipping Terms for Sale: CIF Los Angeles, USA
Origin: INDIA
Monthly quantity: 1000 metric tons
Total / Contract Quantity: 60,000 metric tons
Duration of Contract: 60 months, Renewable
Packing: Packaging size of rice 25 kg bags
Price : US$ 1,300 +970=2,270 Per Metric Ton CIF
Payment Terms: T/T
50% advance against the legal endorsement in California District high Court/pro
forma invoice. Contract registration Fees US$1500, both parties pays for the
registration each.
50% LC against other shipping documents
Delivery terms: 10-30 days
Inspection: SGS
Insurance: 110%
Shipping Documents: ALL SHIPMENT DOCUMENTS AND INVOICES

BUYER’S INFORMATION:
Name: Nafis Ahmad
Position: CEO
Company name: Eastgate export pvt ltd
Registration Number: 207FSMO1
Address: D-943RD/f,kH.NO-67.GALI
NO-1,CHAND BAGH KARWAL NAGAR

City/Zip: DELHI-110094
Country: INDIA
Business Telephone: +1 213 4230657

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Business Fax:
Mobile Telephone: +12134230657
E–mail: eastgateexportpvt@gmail.com
BUYER’S BANK
INFORMATION:
Bank Name:
Financial Trust Inc
Bank Address, City, 2122 LAVISTA RD TUCKER GA 30084,UNITED STATE OF AMERICA,
Country:
Bank Swift Code: FTBAUS3N
Bank Telephone: +1 206 3363892
Bank Fax:
Account Name: Eastgate Export Pvt ltd
Account Number: 334063972467
Bank Officer’s name: Justin L.
Bank Officer E–mail: Info@Financialtrust.bankct.net
Bank Website: https://www.financialtrust.bankct.net

This LOI is the only current active and valid LOI and has been send to the Seller for further proceedings.

For and on behalf of

GST No. 07AAFCE8691K1Z1


CIN No. U51909DL2020PTC362871
Address: D-943RD/f,kH.NO-67.GALI
NO-1,CHAND BAGH KARWAL NAGAR
DELHI-110094,INDIA.

Tel:+1 213
4230657(Whatsapp)

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