Indent example sentences
This order, also known as indent, contains a description of the goods ordered, prices to be paid, delivery terms, packing and marking details and delivery instructions.The order or indent contains the information such as quantity and quality of goods to be imported, price to be charged, method of forwarding the goods, nature of packing, mode of payment, etc.Assessing importer's creditworthiness and securing a guarantee for payments: After receipt of the indent, the exporter makes necessary enquiry about the creditworthiness of the importer.In case the importer finds the quotation acceptable, he places an order or indent and gets a letter of credit issued from his bank to the exporter.After obtaining the import licence, the importer places an import order or indent with the exporter for supply of the specified products.
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