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ANNEXUREII DETAILS OF BIDDER (Read carefully the terms and conditions of sale before filling up and submitting the bid) 1. Name(s) of Bidder (in Capital):2. Fathers/Husbands Name:3. Postal Address
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How to fill out sale and have understood

01
Start by gathering all the necessary information regarding the sale, including the product details, price, and buyer's information.
02
Complete the sale form by accurately filling in all the required fields, making sure to double-check the information provided.
03
Review the completed sale form to ensure its accuracy and completeness before submitting it for processing.
04
Once the form is submitted, keep a copy for your records and provide a copy to the buyer as well for their reference.

Who needs sale and have understood?

01
Anyone who is engaged in a transaction involving the sale of goods or services needs to fill out a sale form to ensure all details of the transaction are properly documented and understood by all parties involved.
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Sale and Have Understood refers to the documentation required to report sales transactions and confirm that a transaction was fully understood by both parties involved.
Typically, any business or individual engaged in sales transactions that meet certain financial thresholds is required to file Sale and Have Understood.
To fill out Sale and Have Understood, gather all necessary sales documents, provide detailed information about the transaction, and ensure both parties sign the document indicating their understanding.
The purpose is to ensure transparency and agreement on the terms of sales transactions, protecting both buyers and sellers from misunderstandings.
Information required includes the date of the sale, names of the parties involved, details of the item or service sold, price, terms of the sale, and signatures of both parties.
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