Terms and Conditions

Terms and Conditions

These Terms and Conditions of Sales shall be applicable to all sales made by Seller and therefore the placing of all and any purchase orders shall be deemed to imply the irrevocable acceptance by Buyer of these Terms and Conditions of Sales.

 

1. GENERAL

This Sales Order is issued subject to availability of material. 

2. PRICE

• Unless otherwise specified, the prices indicated are provisional and prices ruling at the time of delivery will be applicable. 

• The customer who is entitled for any concessional rate of GST should furnish the necessary concessional declaration form along with the payment to issue Sales order and charge GST accordingly in the invoice. 

• The amount indicated in the Sales Order is inclusive of GST at the percentage specified over leaf under IGST/CGST/SGST/UGST as applicable.

3. PAYMENT

• The buyer must pay 50 percent of the total invoice amount on placing the order. The remaining amount should be given on the delivery of the products. 

• MODE OF PAYMENT: The demand draft/ cheque payable towards the payment should be crossed and marked “A/c Payee” and drawn in favor of Seller. The payment can also be made by RTGS/ NEFT to the bank accounts as advised by Seller. 

• CREDIT: There will be no credit allowed. However, against request made by the customer under special circumstances, Sales Manager can give the buyer a credit period up to 15 days subject to the terms and conditions prescribed against such extension against the request made by the customer in writing and also as per the procedure laid down by the company, a copy of which can be had on request.

4. DELIVERY

• The Product shall be delivered to Buyer at the place stipulated for delivery in the written order confirmation. 

• Any time or date stated for delivery is an estimate only and the Seller shall not be liable for failure to deliver at the specified time or on the specified date, nor shall such failure on the part of the Seller be deemed to be a breach of the contract or any of its terms and conditions or part thereof

5. RISK OF LOSS

Risk of loss shall pass from Seller to Buyer upon receipt of the goods by Buyer, which shall be evidenced by the signature or other mark of acceptance of Buyer or Buyer’s agent, employee, etc. on the reverse hereof, which shall bind Buyer.

6. WARRANTY

Seller makes no warranty, express or implied, and none shall be implied by law; any implied warranty of merchantability or fitness for a particular purpose is hereby disclaimed by seller and excluded from the agreement.

7. NON-WAIVER; GOVERNING LAW

Any failure or delay on the part of Seller to exercise any of its rights hereunder shall not constitute a waiver of Seller’s rights to exercise the same for that on any subsequent default. This agreement shall be governed by the laws of the Judiciary of Kerala.

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