1.1 All parties entering into a business relationship with the Company agree to operate ethically, transparently, and in compliance with applicable laws.
1.2 The Company reserves the right to amend these Terms at any time, with notice provided to all relevant parties.
1.3 Any breach of these Terms may result in termination of the partnership, suspension of services, or legal action.
2. B2B Buyers
2.1 Eligibility & Registration.
a. Buyers must provide valid business registration documents.
b. Orders will be accepted only after verification and approval by the Msi Enterprise.
2.2 Ordering & Pricing
a. All prices are subject to market conditions and may be revised without prior notice.
b. A minimum order quantity (100 Box) may apply for selected products.
c. Orders once confirmed cannot be canceled without written approval.
2.3 Payment Terms
a. Payments must be made through approved modes only. (IMPS, NEFT, RTGS, BT)
b. Standard payment terms: Advance payment 50% advance + 50% before dispatch.
c. Late payments may attract interest charges (5% per day)
d. Payments accepted in only the company's (MSI ENTERPRISE) bank account.
e. Transport, packaging charges and GST are upon the buyers.
2.4 Shipping & Delivery
a. Shipping timelines will be communicated at the time of order confirmation.
b. Delivery delays due to natural calamities, transport issues, strikes, or third-party failure will not be the Msi Enterprise's responsibility.
c. Risk and ownership transfer to the buyer upon dispatch from the Msi Enterprise’s warehouse.
d. Buyers must inspect goods upon delivery and report discrepancies within 12 hours.
3. Supplier
3.1 Supplier Approval
a. Suppliers must complete registration and provide valid licenses, GST certificate, and quality compliance documentation.
b. The Company reserves the right to audit supplier facilities.
3.2 Quality & Standards
a. All raw materials must strictly meet the Company’s quality benchmarks.
b. In case of non-compliance, the Company may reject the material and ask for immediate replacement, otherwise Msi Enterprise will take Legal actions.
c. Repeated non-compliance will lead to contract termination.
3.3 Delivery & Timelines
a. Suppliers must follow agreed delivery schedules.
b. Delays must be communicated at least 24 hours in advance.
c. Any losses resulting from delayed supplies may be charged to the supplier.
3.4 Payment Terms
a. Payments will follow the terms agreed in the Supplier Agreement. Msi Enterprise will make payment with the supplier Account.
b. Invoices must be accurate and submitted with proper documentation.
3.5 Ethical & Legal Compliance
Suppliers must ensure ethical sourcing, safe labor practices, and environmental compliance.