1. Advance payment: within xx working days after the contract is signed, the buyer will pay 20% of the total contract price in advance to the seller, and the seller will start production and complete production within xx working days;
2. Payment for delivery: The seller shall notify the buyer on the day after the production is completed, and the buyer shall pay 30% of the total contract price, and the seller shall deliver the goods;
3. Payment upon arrival: The seller shall deliver the equipment to the buyer's factory within ×× working days after receiving the payment from the buyer, and the buyer shall pay 20% of the total contract price, and the seller shall conduct on-site installation and debugging within ×× working days after receiving the payment from the buyer;
4. Acceptance payment: After the installation and debugging is completed, the seller will issue a special VAT invoice equivalent to the total contract price (the tax rate is ×%), and the buyer will pay 25% of the total contract price within xx working days;
5. Quality guarantee: The remaining 5% is used as quality guarantee, and the warranty period is one year. If the equipment has no quality problems during the warranty period, the buyer will pay the warranty money without interest within xx working days after the expiration of the warranty period.
The general quality deposit payment ratio is 5%, and the payment ratio in other stages is adjusted by both parties through consultation according to the specific business. Of course, not all equipment purchases should be paid in strict accordance with the above five stages. The decision should be made after active consultation with suppliers in consideration of specific business, risks, industry characteristics, supplier reputation, industry status of both parties and other factors.