REGLAMENTO INTERNACIONAL PARA PREVENIR LOS ABORDAJES EN LA MAR
Regla 17.1, en la misma bordada; rumbo debido Definiciones, rumbo debido
Therefore NALCO has a good reservoir of skills.
7.0 DOMESTIC PROCEDURE OF NALCO,INDIA
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Nalco started sale of metal in domestic market from its smelter plant, Angul on Ex-works basis during 1987-1988 Based on the MOU between the company and Ministry of mines, the annual target is set for all products including metal . it is then bifurcated into export & domestic sales target. this annual target is further broken down product wise into monthly targets and subdivided into Regional targets . The targets are subject to change based on overall global and domestic market dynamics.
7.2.ANNUAL/MONTHILY TARGET SETTING FOR DOMESTIC SALE :
With a view to achieve the target monthly meeting is held between marketing department, smelter plant, smelter dispatch section and traffic at the end traffic at the end of the previous month or beginning of the month to work out the suitable product mix on a month to month basis. the movement plan of the both export & domestic metal by Railway Rakes from plant to stockyards is worked out. Taking into consideration the month end stock at plant and stockyards along with the expected availability of metal for domestic sale from the monthly production ,the matter is discussed between the Regional offices and corporate Marketing department for procuring the purchase order/financial arrangements of customers.
7.2.1 SALE ORDER BOOKING :
Nalcos product in the domestic market are open for purchase by any domestic customers.
a. Direct enquiries from customer. b. Sales conferences/customer meet, c. Contracting buyers directly
d. Responding to tenders floated usually by PSU’s/Govt./State
Undertakings.
7.2.2 MODES OF PAYMENT:
I. Advance payment in form of DD/cheque/SBI FAST CASH system ,RIGS etc…
II. Sight/ Usance LCs
7.2.3 REVIEW OF PRICES,TERMS & CONDITIONS FOR SALES OF METAL IN THE DOMESTIC MARKET FOR VARIOUS PRODUCTS ARE GOVERNED THROUGH DELEGATION OF POWER :
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1. Executive Director (Marketing) 2. General Manager (Marketing)
3. Dy.General Manager (Marketing-Finance) 4. Dy General Manager (Marketing-Domestic)
b.Demand supply trend in domestic market, inventory holding ,LME price trend and other factors with the all term & conditions.
7.2.4 DESPATCH INSTRUCTION:
Based on the purchase order of the customers & financials arrangements, corporate domestic marketing papers Despatch Instruction-DI whose numbering is computer controlled for despatches from Plant .the stock transfer DI’s to different stockyards are also prepared based on the indents received from the respective regions.
7.2.5 DELIVERY INVOICE:
On receipt of DI from the domestic marketing of corporate office ,the dispatch
department at plant ,will prepare delivery invoice with computerized control nos.,which will be used for removal of excisable goods from factory to buyers/stockyards.
7.2.6 PACKING LIST-CUM-MATERIAL GATE PASS-CUM-DESPATCH ADVICE
Packing list cum material gate pass cum Despatch Advice with computerized control nos. is prepared by the dispatch departments ,smelter plant for each corresponding Delivery invoice & accompanies the copies of delivery invoice.
7.2.7 LORRY RECEIPTS (LR)/RAILWAY RECEIPTS(RR):
Despatch Department, smelter plant obtains 2 copies of LR/RR (consignee copy and
consignor copy) as the case may be and the third copy is to be retained by the transporter/Railway at source.
7.2.8 COMMERCIAL INVOICE:
Against all the delivery invoice issued to a particular customer in a day one commercial
invoice subject to a maximum of six (6) consignments can be prepared by Finance Department smelter Plant to facilitate easy documentation of material delivered.
7.2.9 SALES FROM STOCKYARDS :
a. The sales from the stockyard takes place under the control of regional offices/Branch offices
b. Beside effecting sales from plant to meet the requirement of local
manufacturers’ /SSI customers, NALCO also moves metal to its various stockyards for sale from stockyards.
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c. For declaration of basic price for sale from stockyards ,the stockyard recovery charges are added to the basic price ex-smelter plant as ruling on date of removal of material to stockyard from smelter plant.
d. While removing goods from smelter plants for sales from stockyards ,Excise duty is paid at smelter plant based price ex-smelter plant ,stockyard recovery charges and applicable discounts ruling on date of removal of goods from plant as per the statutory requirements.
e. Customer makes financial arrangements i.e. Advance payment by DD/SBI FAST/ Cheque ,etc..or letter of credit with the Regional Offices for lifting material from stockyards.
f. On receiving firm financial arrangements and other statutory documents ,metal is delivered to the customers from stockyards.
g. Respective stockyards under the Regional Offices keep a detailed record of opening stock, receipt ,sales and closing stock product wise.
7.2.10 “E 1” FORMS :
Buyers who sell in transit normally ask for E-1 forms. In such a case, the customer has to
submit the following documents to the respective Regional Offices for the verification and following it to corporate office for further checking & issuance of E-1 forms.
1. Sales Tax Registration certificate copy of the customer specifying resale of aluminium metal/non-ferrous metal/aluminium products as the case may be. 2. Duty endorsed Lorry Receipts.
3. Copy of the C-form submitted
4. Certificate from the customer confirming the sale of metal in transit under section 6(2) of CST Act 1956.
5. Invoice copy of the customers(to the third party)
6. Any other statutory documents required from time to time.
7.2.11 REFUNDS:
Quite often, the customers after completion of monthly transactions ask for refunds for left over amount which are normally routed through Regional offices. On getting
recommendations from Regional office the same is forwarded by corporate marketing section to marketing finance incorporating the necessary details based on which refunds may be effected to the customers through Regional Offices. In case of Orissa based buyers and some Govt./State undertakings/PSUs who directly deal with corporate
marketing, the refund advice advice is processed from corporate marketing finance. After checking the correctness of the refund amount, Marketing Finance makes the refund.
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A constant interaction is maintained by corporate marketing personnel as well as Regional Marketing personnel with the customer to book orders.Besides,through
interaction a reciprocation system is established in which NALCO personnel give details of metal position, dispatch details, amendments to L/C required, change in the product mix ,etc.from time to time to the customers.