Terms and conditions
Offers and Orders
- All the offers are subject to be sold, offers are available while the goods last
- Payment [of any way] is to guarantee the order reservation
- If goods were failed to be shipped for any reason, deposit to be returned as TT or credit note upon customer’s request
- Documents draft should be ready within 7 days of the ETD
- Original documents or TR need at least 5 working days after balance received
- Orders of ready goods cannot be held for the clients more than 2 weeks, any delay means ASL is free to sell the goods to other clients, all original and additional costs will be deducted from the deposit
- For all the offers of quantity more than 20GP container, if the buyer wishes to buy only 20GP container, extra charges will be applicable
- If the buyer decides to cancel the order after paying the deposit, for no apparent or unconvincing reason, charges may apply
Payment and delivery
- T/T: 30% as deposit, 70% balance to be paid right after the copy of the original documents are sent by email
- T/T 100% against documents copy is acceptable for certain loyal customers, any customer wishes to get the privilege will be researched and discussed for approval
- L/C: at sight is acceptable, minimum amount of the order to accept the L/C payment is USD16,500, clients must send the draft first so the L/C terms to be negotiated before issuing the final L/C, negotiating the terms and finalizing the L/C should not take more than 5 working days
- OA/DA: customers who were approved for OA/DA must sign the PI and send it back scanned in clear image/pdf file
- Clients wish to be approved for OA/DA the first time, need to provide needed information and/or documents, application is subject to approval based on the credentials with the bank and insurance, Asia Stocklot has no control over this procedure
- Containers must be released to the client once Asia Stocklot receives the full balance payment [Check above section for period required]
- If the containers arrive the destination port and payment is not yet received, Asia Stocklot has the right to change the consignee and redirect the goods to other clients, original buyer will be subject to charges
- If the containers were released to the client while payment was not received, the client, the forwarder/agent and the shipping line will be legally liable
Quality Control:
- All offers will be inspected by a third party QC or in-house QC before shipment
- Quality level is AQI 2.5
- QC report will be sent to the buyer upon request
- If minor quality issues were reported, final decision to be done by the buyer
- If major issues were reported, order will be cancelled
- Clients are free to assign their own inspection or a third party QC after deposit
- Packing and shipping marks are subject to extra cost if needed
After-Sale Service:
- All complaints must be supported with photographic proof and any evidence to support the client’s case
- Quality issues are on the party who arranges the inspection
- Missing quantity must be reported immediately, we will take responsibility for it
- All complaints and reported issues must be submitted within 4 weeks of the ETA, any complaints after this period is subject to dismissal
- Repeating orders are subject to discussion, all stock-lot prices are not applicable for new production
· Above terms are subject to update as we see fit
Last Update
April 2020