STANDARD TERMS & CONDITIONS OF SALE

Traduxe Ventures LLP
(Domestic, Export & Import of Goods)

1. Definitions

In these Terms & Conditions:
a) “Seller” refers to Traduxe Ventures LLP.
b) “Buyer” refers to any individual, firm, or company purchasing goods from the Seller.
c) “Goods” refers to all products supplied by the Seller.
d) “Contract” refers to any agreement formed upon Seller’s acceptance of an order.
e) “Incoterms” refers to International Commercial Terms issued by the International Chamber of Commerce in force at the time of contract.

2. Applicability

2.1 These Terms govern all domestic, export, and import transactions.
2.2 Buyer’s own terms shall not apply unless accepted in writing by Seller.
2.3 Placing an order constitutes acceptance of these Terms.

3. Quotations & Orders

3.1 Quotations are valid for 30 days unless otherwise stated.
3.2 Seller may withdraw or revise quotations prior to acceptance.
3.3 A Contract is concluded only upon Seller’s written confirmation.

4. Pricing & Taxes

4.1 Prices exclude GST, customs duties, port charges, freight, insurance, and statutory fees unless expressly included.
4.2 Buyer bears all applicable domestic and international taxes and charges.
4.3 Seller may revise prices due to material cost increases, currency fluctuation, or regulatory changes prior to delivery.

5. Payment Terms

5.1 Payments shall be as agreed (advance payment, bank transfer, Letter of Credit, or other approved method).
5.2 Payments must be made in full without deductions or set-off.
5.3 Late payments may attract interest at commercially prevailing rates.
5.4 All banking and transfer charges are borne by Buyer.

6. Delivery & Shipping

6.1 Domestic deliveries shall be as agreed between parties.
6.2 Export and import shipments shall follow agreed Incoterms (EXW, FOB, CIF, CFR, etc.).
6.3 Delivery timelines are estimates and not guaranteed.
6.4 Seller is not responsible for delays due to shipping lines, port congestion, customs clearance, or force majeure events.

7. Transfer of Risk

7.1 Risk passes to Buyer upon dispatch or in accordance with agreed Incoterms.
7.2 Seller shall not be liable for damage occurring after risk transfer.

8. Retention of Title

8.1 Ownership of Goods remains with Seller until full payment is received.
8.2 Until title passes, Buyer must store Goods securely and insure them adequately.

9. Inspection & Claims

9.1 Buyer shall inspect Goods immediately upon receipt.
9.2 Any claims for damage, shortage, or non-conformity must be notified in writing within 7 days.
9.3 Failure to notify constitutes acceptance of Goods as delivered.

10. Cancellation & Returns

10.1 Orders cannot be cancelled without Seller’s written approval.
10.2 Approved returns are subject to freight, inspection, and restocking charges.
10.3 Customized or special-order goods are non-returnable.

11. Warranty

11.1 Seller provides only manufacturer warranties where applicable.
11.2 Seller disclaims all other warranties, express or implied.
11.3 Liability is limited to repair or replacement of defective goods.

12. Limitation of Liability

12.1 Seller shall not be liable for indirect, incidental, or consequential losses including loss of profit, business, or goodwill.
12.2 Seller’s total liability shall not exceed the invoice value of the goods supplied.

13. Force Majeure

Seller shall not be responsible for non-performance or delay caused by events beyond control including natural disasters, war, strikes, government actions, pandemics, transport disruptions, or customs restrictions.

14. Legal & Trade Compliance

14.1 Buyer shall comply with all applicable Indian and international trade laws.
14.2 Buyer shall obtain necessary import/export licenses and approvals.
14.3 Goods shall not be used or resold in violation of sanctions or embargo regulations.

15. Confidentiality

Both parties agree to keep commercial, pricing, and technical information confidential unless required by law.

16. Intellectual Property

All trademarks, documentation, designs, and materials remain the property of Seller or respective manufacturers.

17. Governing Law & Jurisdiction

These Terms shall be governed by the laws of India.
All disputes shall be subject to the exclusive jurisdiction of Indian courts.

18. Entire Agreement

These Terms represent the entire agreement between Seller and Buyer and override any prior communication or understanding.