Frequently Asked Questions For Gold Purchase

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1) India - with Pricing based on BSE.

2) Other parts of the world - with pricing based on LBMA.

Yes. Our associates worldwide can handle any quantity orders. However, due to pre-allocations to other buyers, immediate shipment of requested quantity may not be possible. Your requested quantity will be scheduled and informed to you if it is more than availability in current month.

Yes, secured sales purchase agreement (a.k.a. contract) is must. Minimum is 1 year and maximum is 5 years.

Either for long term or short term, MOQ for the contract is 100KG for India (a.k.a MOQ-INDIA) and 500KG for countries outside India (a.k.a MOQ-NON-INDIA)

1. Please start with 10MT (India) or 20MT (Outside India) per month. However, we can procure and provide more

than this.

2. It is up to the buyer if he wants the consignment delivered once in a week or once in a month etc.

1. Please send us the LOI to get official offer.

2. Discount to buyer includes 3% GST as well in India.

3. Mediators Commission with India is 2% to 3% depending on the per months contract value.

4. Mediators Commission outside India is 1% to 2% depending on the per months contract value.

1. Least consignment size we supply in India is 30kg in India.

2. Least consignment size we supply in India is 100kg in countries outside India.

3. Case to case we can work out but cannot assure. It is subjected to availability of the material in discrete. In any

case per month

4. “Minimum order quantity (MOQ)” is must.

Sorry, we sell only 1KG bars.

No

1. Yes, you will get it as part of Sales Purchase Agreement

2. Further we follow international trading guidelines for delivery of the product.

3. We work on SBLC/LC/DLC/BG. POP will be shown only after showing POF and signing the Sales Purchase Agreement. In contrary you can also request POP as part of MT799 pre-advise in case of SBLC.

4. We strictly work on documents rather than on table. We strictly work on SBLC/DLC/LC/BG. We need this to secure the contract. Actual payment must happen via MT103/Wire Transfer/TT/RTGS for the quantity

1. DL/LC/SBLC required for securing the contract. It is not for the payment. Once contract is secured, we can

continue to supply,

2. And payments can be made after testing/verification of the product at buyer’s destination.

It will be provided in due process. Please send the Letter of Intent addressed to Jupiter International Trading Inc.

1. It’s not counted from the date of agreement. But it is counted from the date of issuance of SBLC/DLC/LC/BG to the Seller

2. Successful verification of the same at the seller’s bank.

3. SBLC takes time for processing. If you want urgently, then we suggest you start with DLC/LC/BG for trial order and start processing SBLC.

4. Once DLC/LC/SBLC/BG issuance is verified in sellers bank you will have the material in next 24 hours at your destination locations (assuming destination is major cities in the India).

5. We do not sell less than 100KG. Least size of one shipment/consignment is 30KG box on the contract of MOQ-India or 100kg MOQ-Non-India.

1. Yes, in Canada. No, in India and Dubai.

2.  In India and Dubai we are not the direct seller. However, in these countries (where we do not have the license to

trade precious metals yet) we work in syndicate.

3.  Our syndicate consists of big brands and close business associates of these brands. This consists of super stock-holders who have the license to import the gold and safekeeping the same. FCO released at the final stage of our process will be from the this syndicate and we enter as anchoring, facilitators co-ordinates.

1. In this case, you can go with BG first or make 20% advance payment after signing the contract and verifying the

proof of product.

2. You will be given commercial bill for the same advance money.

For SBLC, you can open SBLC to in the bank outside Dubai or India. It’s the end-sellers bank account.