Annexture-1

Debit Policy – Suppliers

1. SRV Rejection – In case of SRV Rejection, an amount of INR 500/SRV Rejected will be debited tothe
supplier.
2. Material Segregation–
a. No segregation will be allowed at Minda unit. Material will be send back to the supplier in
case of SRV/ Line Rejections.
b. In case of any urgency, segregation will be allowed only after appropriate approval from
unit authority. An amount of INR 100/Man Hr. will be debited to the supplier.
3. Line Rejection – In case of Assy. /Product Rejected at Minda Assy. Line due to BOP Part Quality
failure, an amount of double the Assy./Product cost will be debited to the supplier.
4. Line Stoppage - In case of Line Stoppage at Minda due to BOP Material non-availability/ quality
issue, an amount of INR 1000/Line Stoppage Instance will be debited to the supplier.
5. Rejection at Customer End – Any penalty raised by the customer of Minda in case of any line
rejection at their end due to child part failure/quality issue in Minda Product, then the amount will
be accordingly debited to the supplier.
6. Inventory Norms Adherence –
a. Supplier must maintain the FG Inventory Norms as per Signed GPA with Minda.
b. Minda reserve the rights to check the Physical Inventory against the agreed inventory
norms at any point of time.
c. In case, inventory norms not followed by the supplier for more than 2 times, a penalty
amount to be debited to the supplier.
7. Non-BOM Items – In case of any price difference observed for the same part supplied by the
supplier in different Minda units, then the differential amount to be debited to the respective
supplier based on the last one year supplied quantity to Minda.

Pl. note that the intention of releasing of the Debit Note is not to penalize the supplier but to ensure that
the supplier meet QCDDR requirements of Minda.

Above policy is not applicable for the Supplier/ Products under development.

FOR & ON BEHALF OF UNO MINDA INDUSTRIES LTD. FOR & ON BEHALF OF SUPPLIER
Name : Name :

Title : Title :

Date : Date :

FOR & ON BEHALF OF UNO MINDA INDUSTRIES LTD. FOR & ON BEHALF OF SUPPLIER
Name : Name :

Date : Date :

Address: Address: