Agreement

P.C. Joshi (Querist) 18 February 2013 This query is : Resolved
Dear friends,

A Ltd is importing some FMCG products in India from various countries and selling them under its own registered trade/brand name.

A ltd is approcahed by a customer in Nepal for sale of A's products in A's brand name in Nepal.Goods to nepal party will be supplied by the suppliers directlt and some produicts will be supplied by A ltd from India.

For this purpose if I make two agreements namely :

1. Distributorship agreement between A Ltd and Nepal customer under which A ltd will grant duitributorship and right to use the brand name of A ltd.

2. A supply agrement between the suppliers and Nepal parties with all terms and conditions of sale/supply incldung rates/payment terms etc.

Are the above agreement alegally valid and bining or there should be some different modes operaendi/agreements to give effect to the above transaction.

Plesae revert your views on urgent basis.

Thanks & Regards

P.C. Joshi

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Anirudh (Expert) 24 February 2013
Dear Mr. Joshi,

Since it involves commercial transaction, you would be well advised to approach an Advocate who is well versed both in Customs as well as Sales Tax matters.

Since these issues involve lot of implications for you, it will not be possible to discuss the matter in an open forum like LCI.

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