Conditions of Sale
(Not applicable to export transactions)
Issue date of Conditions: October 2014
The Company is predominantly a business to business supplier. This Catalogue and any one-off special catalogues and other product brochures produced by the Company are intended for use by business customers. Notwithstanding any other provisions in these Conditions, the Company does not exclude, restrict or modify any liability that cannot be excluded, restricted or modified by any law including liability under the Consumer Protection Act, 1986 as applicable and as may be amended from time to time. However, where such statutory provisions apply, or where the Customer is entitled to claim under an express provision of these Conditions (including Conditions 8, 9, 13 and 14), then to the extent permitted by law the Company’s total liability shall be limited at its option to that specified in Condition 15 below.
1. DEFINITIONS
“Catalogue” means the catalogue (in whatever form, whether paper or electronic) in which these Conditions are set out;
“Company” means Vinay Electronics Private Limited a company incorporated under the Companies Act, 1956, having its registered office at D Block, 11th Floor, IBC Knowledge Park, 4/1, Bannerghatta Main Rd, Bhavani Nagar, Suddagunte Palya, Bangalore, Karnataka 560029, India, trading as element14, its successors and permitted assigns;
“Conditions” means these terms and conditions;
“Contract” means any contract between the Company and the Customer for the sale and purchase of Supplies;
“Customer” means the person(s) or company whose order for the Supplies is accepted by the Company;
“Goods” means any goods supplied or to be supplied by the Company to the Customer and includes their packaging and any replacement Goods supplied under these Conditions;
“INR” means Indian Rupees;
“Services” means any services supplied or to be supplied by the Company to the Customer;
“Supplies” means any Goods or Services;
“in writing” includes electronic communications.
Reference in these Conditions to any legislation or regulation includes any re-enactment, amendment or substitution of such legislation or regulation.
2. CONDITIONS
All orders are accepted by the Company subject to and in accordance with these Conditions. These Conditions override and exclude any terms or conditions in or referred to in any negotiations or course of dealing between the Company and the Customer or set out in the Customer’s standard terms and conditions to the fullest extent permitted by law. If there is any conflict between
- the other provisions of this Catalogue and these Conditions;
- provisions in any Contract and these Conditions; or
- the provisions of the order and these Conditions,
these Conditions will prevail unless the Company agrees otherwise in writing. Together with any terms accepted by the Company in connection with an order, these Conditions constitute the entire agreement between the Company and the Customer in relation to the Supplies ordered. No variation to these Conditions is permitted unless expressly authorised in writing by a director of the Company.
3. PRICES
All prices for Supplies provided by the Company are in INR and are exclusive of all central, state or local tax or other governmental charge or assessment relating to the production, sale or shipment of any Supplies unless expressly provided otherwise, including but not limited to sales tax, including central and state sales tax and value-added tax, octroi duty, service tax, education cess (and any other regulatory levy that may become applicable to the Company or to the Supplies from time to time) and other duties and taxes and any applicable transport and handling charges which will be added at the time of despatch and shall be payable by the Customer. The Company has used all reasonable endeavours to ensure that prices for the Supplies are accurately set out in the Catalogue but these prices are not binding and the Company reserves the right to change its prices without notice at any time. Prices charged will be those prevailing when an order is accepted. Where Supplies are to be made in instalments (referred to in these Conditions as “Scheduled Delivery”), the prices of Supplies to be delivered within 90 (ninety) days of the date of order will be those applicable at the time of despatch of the first batch of Supplies. Where Scheduled Delivery may continue over a period of 90 (ninety) days or more from the date of order, the Company reserves the right to increase prices to those applicable at the date of despatch but will use all reasonable endeavours to ensure that the applicable prices are accurately set out in the Catalogue. Additional services or any customisation of the Goods requested by the Customer shall be charged at the price quoted in writing by the Company.
The Company’s standard documentation is a single invoice and a single despatch note. The cost of additional copies or of any other documents is not included unless specified on the Company’s quotation or pro forma invoice. The Company reserves the right to charge for copy invoices or where the original has been lost or misplaced by the Customer. The Company will quote for such charges if details are given at the time a quotation is requested. Such charges will be detailed separately.
4. PAYMENT
When credit terms have been approved, payment is due not later than 30 (thirty) days of the Company’s invoice, without any deduction, set-off or withholding whatsoever. Time for payment shall be of the essence. If the Customer fails to make payment by the due date then, without prejudice to any other right or remedy, the Company shall be entitled to:
- cancel the order or suspend any further deliveries or performance;
- appropriate any payment made by the Customer to such of the Supplies (or the Supplies made under any other contract) as the Company may think fit; and
- charge interest (both before and after any judgment) on the amount unpaid at the rate of 18% per annum until payment is made in full (a part of a month being treated as a full month for the purpose of calculating interest).
The Company reserves the right to charge for copy invoices or where the original has been lost or misplaced by the Customer. If legal action is taken to recover monies due to the Company the Customer shall reimburse to the Company all legal and other costs and expenses incurred by the Company in such recovery.
5. NEW ACCOUNTS
The Customer should complete the credit application form that is enclosed in the Catalogue or available on request. Any credit limit granted to the Customer shall at all times be discretionary and may be reduced, suspended or withdrawn at the discretion of the Company at any time without prior notice (although notice will be given to the Customer thereafter).
Commercial Credit Accounts are only available to bodies corporate and not to individuals. Non-bodies corporate may purchase goods by cash, cheque, bank transfer, NETS, Amex, Visa or Mastercard credit cards on the Company’s website or by telephone.
Please note that the Company will not be responsible for or bear any bank charges or commissions on transactions. All documentary credits must be marked that all such charges or commissions are for the Customer’s account.
6. ORDERS
The Company reserves the right to decline to trade with any company or person or to accept orders for Supplies in part. To avoid duplication, any written confirmation of telephone orders sent must be clearly marked “Confirmation only”. The Company will not accept liability for orders not so marked and duplicate orders will be charged accordingly.
The Company does not impose any minimum order requirements on orders to be charged to a credit account with the Company. Orders for certain Goods, in particular Goods which are not in Catalogue or are non-stock items, may be subject to a minimum order quantity or value which the Company will use its reasonable endeavours to notify to the Customer prior to accepting its order.
Once accepted, no order may be cancelled or reduced without the prior written agreement of a director of the Company. Without limiting the generality of this, orders for Goods that are not in-catalogue, non-stock items, sourced from Newark, consists of computer products or software, contain any hazardous substances and/or are consumable items, may not be cancelled.
Orders for Goods are usually accepted by the Company by despatching the Goods provided, however, that despatch will not be acceptance where the price for the Supplies has been incorrectly quoted or referenced by the Customer in its order.
Orders for Goods are accepted by the Company by despatching the Goods provided, however, that despatch will not be acceptance where the price for the Supplies has been incorrectly quoted or referenced by the Customer in its order.
* Please take note that there is a delivery charge of INR 200 for orders below INR 7000.
7. STANDARD DELIVERY
Provided that Goods are in stock, the Company will use its reasonable endeavours to despatch Goods within 4-6 (four-six) days of the date of order. No commitment is given in relation to delivery times achieved.
The Company charges a delivery charge of INR 200 (Indian Rupees two hundred only) for orders below INR 7000 (Indian Rupees seven thousand only). The spend amount shall not include value-added tax/service tax or any other taxes or any discounts.
The above terms do not apply to those heavy Goods marked with the symbol H alongside the order code in the Catalogue, large and/or hazardous goods and may not apply to Goods that are specially sourced or not in the Catalogue. The Company reserves the right to charge extra for delivery, packing and insurance in transit for all such Goods. Any such charge will be notified to the Customer at the time of placing of the order to which such charge applies.
The Company will use reasonable endeavours to meet the delivery and/or performance estimates but, except as set out in Condition 8 below, in no circumstances shall it be liable to compensate the Customer for non-delivery, non-performance or late delivery or performance, even where it arises as a result of the negligence of the Company or its carriers. Time for delivery and/or performance shall not be of the essence. Delivery will be made to the address specified by the Customer. The Company may use any method of delivery available to it.
The Company reserves the right to deliver or perform by instalments. Failure to meet a Scheduled Delivery or performance date shall not prevent or restrict the Company from making further deliveries or rendering subsequent performance under the relevant Contract by instalment. Scheduled Deliveries can only be accepted for a maximum period of 3 (three) months from the date of order.
8. INSPECTION, DEFECTS AND NON DELIVERY
The Customer must inspect the Supplies as soon as practicable after delivery, or in the case of Services, performance, and, except as set out in Condition 14 and/or 15 below, the Company shall not be liable for any defect in the Supplies incomplete or failed delivery, shortage of weight or quality of Supplies unless written notice is given to the Company within 7 days of delivery. The Company does not write software comprised in the Goods and it is the Customer’s responsibility to check for the presence of computer viruses before such Goods are used. If the Customer receives a damaged parcel, the Customer should take photographs of the parcel to confirm the damage and notify the Company immediately prior to opening the parcel.