Above price quotations are only indicative and not offers from CCI. Final quotations shall be given only on receipt of the firm offers from the buyers. Further, the above quality parameters are indicative only and the buyers should satisfy themselves in this regard before giving offer/completing selection.

Offers can be sent on any of the following E-mails/Fax Nos.

Emails:

1) gmsales@cotcorp.com  2) cgmmkt@cotcorp.com 3) dmktg@cotcorp.com

Fax Nos: 022 27565144 / 022 27579219 / 022 27576069

1.                  FREE PERIOD FOR DOMESTIC SALES FOR MILL BUYERS W.E.F. 8.10.2010. 

 2.      SALE TO COTTON TRADERS & EXPORTERS AGAINST “H” FORM DEFFERED W.E.F. 6.4.2010.

3.            DEPOSIT MONEY W.E.F. 8.10.2010:  

a)    Existing Mill Buyers, will have to pay within 10 working days from the date of contract, a minimum amount of Rs.600/- per bale as Deposit.  In case of GSF facility the Buyer would be required to pay additional deposit of Rs.600/- per bale.

b)           For new Buyers who are approaching CCI for the first time, the amount of deposit would be Rs.1200/- per bale, which is to be paid within 10 working days from the date of contract.

 4.            CARRYING CHARGES W.E.F. 8.10.2010

After expiry of the free period, the Buyer would have to pay carrying charges @ 1.30% per month per 30 days for first 60 days and thereafter @ 1.40% per month per 30 days till the delivery of the cotton.

5.            LIFTING OF COTTON

The Buyer will have to lift the cotton within the free delivery period. In case the Buyer wants the Corporation to carry the cotton on his behalf beyond the free delivery period, he will have to make a written request to the Corporation and make advance payment of carrying charges. For further detailed terms and conditions for lifting of the cotton, please visit CCI’s website www.cotcorp.gov.in

6.         OTHER TERMS AND CONDITIONS

For other sales terms and conditions like selection of bales, cash discount, late lifting charges, rate of interest etc. please visit our website www.cotcorp.gov.in

General:

1. While giving Offers Buyers should give their offers for specific variety, Branch and Quantity.

2.  Offers received upto 5.00 p.m. will only be considered for the day. Offers received after the due time shall automatically lapse. In such cases, Buyers need to give fresh offers next day.

3.   All offers received during the day shall be considered together in P&S Committee Meeting after 5.30 p.m.

4.   Acceptance of counters should be communicated by 11.30 Hours the following day.

5. The Corporation reserves its rights to accept offer either in full or in part entirely at its sole discretion.