Calculation of penalties for late delivery


Calculation of penalties for late deliveryPrinciples of the penalties for late delivery:

  • They depend on the contractual terms endorsed by the seller and the buyer at the time of the conclusion of the case.
  • Shall be invoiced by the buyer and mentioned in its terms of purchase.
  • The interest rate used in the calculation must be specified in the contractual terms of the deal.
  • The basis of calculation is based on the products concerned by the delay and not the entire case.
  • To avoid disputes, the bill of the penalties for late delivery must be associated with all documents justifying the application of penalties.
%
Delivery amount 1 :
Original delivery date :
Delivery date achieved :
Delivery amount 2 :
Original delivery date :
Delivery date achieved :
Delivery amount 3 :
Original delivery date :
Delivery date achieved :
Delivery amount 4 :
Original delivery date :
Delivery date achieved :
Delivery amount 5 :
Original delivery date :
Delivery date achieved :
Late penalities amount
Amounts have to be filled excluding taxes in order to get an amount of penalties excluding taxes