This engagement will underpin our commitment to International Trade Custom and Reservation of Public order based upon rights and responsibilities.

Rights and Obligations

SILU GROUP 2017-04-17 16:49:19

This engagement will underpin our commitment to International Trade Custom and Reservation of Public order based upon rights and responsibilities, it is one means of facilitating the orderly expansion of world trade.

The Seller
SILU Group

The seller and manucacturer shall prepare production reports and ensure its accuracy, track production indices and take corrective actions as necessary. Track the implement result for production plan, summarize and statistic production report.

The Buyer

The Buyer shall be informed of everything about the production schedule. The customers have the rights to follow up the progress of production, to understand the production process.

Quality and Quantity

Quality/Quantity discrepancy:
In case of quality discrepancy, claims shall be filed by the buyer within 45 day’s after the arrival of the commodity at the port of destination, while for quantity discrepancy, claims shall be filed by the buyer within 15 days after the arrival of the commodity at the port of destination. Otherwise no claim will be accepted. It is understood that the seller shall not be liable for any discrepancy of the commodity shipped due to causes for which the insurance company, other transportation organization or post office are liable. The settlement of such claims is restricted to replacement of the non-conforming commodity on a on e-to-one basis or devaluation of the commodity according to the degree of inferiority and extent of damage in case of quality discrepancy or supply for the sliertage case of quantity discrepancy after the seller has received an inspection report on the commodity by sampling issued by a reputable commodity inspection organization or chamber of commerce at the place where the buyer is located, certifying the non-conformity thereof. In no event shall the seller be held liable for the merchantability or fitness for any purpose, nor shall it have any liability or responsibility for damages of any kind whatsoever, including but not limited to any direct, indirect or collateral damages.

Force majeure
(CIF,DDU or DDP Term only)

In case of war, riot or strike, earthquake, typhoon or fire and in other cases of force majeure preventing the shipment within the time fixed, or the delivery, the seller shall not be held liable for failure or delay in delivery of the entire lot or a portion of the commodity under this contract.

Arbitration

Any or all disputes arising from or in connection with the performance of the contract shall be settled through negotiation by both parties failing which they shall be submitted for arbitration. The arbitration shall take place in China and shall be conducted by the foreign Economic and Trade Arbitration Commission of China Council for the promotion of international trade in accordance with the provisional rules of procedures of the said commission. The arbitration award shall be final and binding upon both buyer and seller. Unless otherwise awarded by the sail arbitration commission, the arbitration fees shall be borne by the losing party.