Terms of Trade

1. Scope of Agreement

These Terms of Trade apply to all sales and export contracts initiated by Krupa Exports PTY LTD. By requesting a quote or issuing a Purchase Order, the Buyer accepts these terms in full.

2. Material Standards

All metal scrap (Aluminium, Copper, Mixed Metals) is sorted and supplied in accordance with the latest ISRI (Institute of Scrap Recycling Industries) specifications unless otherwise agreed in writing.

3. Quotations and Pricing

Quotes are typically valid for 48 hours due to the volatility of LME (London Metal Exchange) prices. Final pricing is confirmed only upon the issuance of a Proforma Invoice and receipt of the agreed deposit or LC.

4. Shipping Terms (Incoterms)

All exports are conducted under Incoterms 2020. Standard terms offered are FOB (Port Botany, Sydney) or CIF (Destination Port). Risk passes to the Buyer upon delivery of goods across the ship's rail at the origin port.

5. Inspection and Quality Assurance

We provide pre-shipment inspection (PSI) certificates where required by the destination country (e.g., DGFT compliance for India). Buyers are encouraged to appoint a recognized third-party agency (SGS, CCIC) for independent verification at the loading facility.

6. Payment Terms

Standard payment terms are 30% advance deposit via TT, with the balance 70% against Scanned Copy of Bill of Lading, or 100% Irrevocable Confirmed Letter of Credit (LC) at Sight from a Tier-1 bank.

7. Governing Law

These terms are governed by the laws of New South Wales, Australia. Any disputes shall be resolved through arbitration in Sydney under the rules of the Australian Centre for International Commercial Arbitration (ACICA).

Terms and Conditions for Krupa Exports PTY LTD