A close indent is an instrument given to an agent to order goods from a particular manufacturer.
A close indent is a document that specifies the goods that an agent is authorized to purchase from a specific manufacturer. The indent provides details such as the quantity, quality, price, and delivery terms of the goods. This document is used by the agent to order the goods on behalf of the buyer.
The use of a close indent ensures that the agent purchases the goods from the specified manufacturer and helps to prevent the agent from purchasing inferior goods or goods at a higher price from another manufacturer. This helps to ensure quality control and consistency in the goods purchased by the buyer.