The seller does not deliver the deadline specified in clause 3 of this contract will be fined the amount of 0.1% of the total contract value for 1 day.Case the seller has received the advance payment from the buyer but not delivered to the buyer, the Seller must incur a penalty simultaneously with both the level of penalties as follows:+ Fine of 10% of the value of the contract due to non-implementation of the contract;+ Penalty by 150% of the basic interest rate as prescribed by the State Bank regulation at the time of receiving the advance calculated on the amount deposited and the time since the seller receive the advance payment from the buyer to the seller upon transfer to pay back the amount deposited to the buyer.
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