Mode of Sales
Cash sales
In cash sales customers are required to show Bank Payment Slips done in our favor as proof of payment. Deposits for cash sales shall be made to special accounts we have opened in the branch offices of the mentioned banks.
Credit Sales
Credit customers are obliged to submit a credit sales application letter. The application is subject to approval by our Chief Excecutive Director. Upon approval customers are obliged to come with unconditional bank guarantee equal to the value of products to be sold on credit basis. Customers are subject to signing c Credit Sales Agreement which states the terms and conditions of credit sales. The terms and condition shall serve as an accord between the customer and us.
Issuance of VAT Receipt
Upon presentation of executed bank deposit slip or executed credit sales agreement, to our sales office, and based on online information we obtain from the Banks regarding payment customers effected, in our favour, for our goods and services, we will issue a VAT receipt. The receipt shall be sent to the buyer with all other relevant documents.
