i)The stock needs to be physically verified if the value of unsold is > 10% of the invoice or INR 1 lac ( whichever is higher)
ii) The retention agreement needs to be procured in the usual format with all details filled and must carry the stamp and signature of the school's authorised signatory
iii) The agreement must carry an annexure detailsing the count of sets grade wise along with the corresponding amount and should also be signed and stamped by the authorised signatory of the school.