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Terms and Conditions

Order of Goods:

  • All orders placed by the Buyer shall be in writing and subject to the our acceptance. The Invoice will be raised on the Buyer against the order placed and goods supplied in terms of the said order. We shall however be at the liberty to accept or refuse any order in full or part without assigning any reasons whatsoever.

Price:

  • Price quoted on the website are approximate/tentative prices Price quoted are subject to goods remains unsold.
  • Quotation of actual price will be mailed/couriered based upon requirements of the Buyer
  • We reserve the right to revise the price without any advance, further notice to the Buyer or without assigning any reason therefore.
  • Prices quoted are basic price EX our godown and are Exclusive of Packing, Forwarding, Loading,Transport charges etc
  • Price quoted are strictly on basis of ADVANCE PAYMENT OF GOODS

Examination:

  • The Buyer should check the price, quantity and calculations made in the invoice thoroughly. In case of any discrepancy the same should immediately be brought to the notice of us.

Intimation of Short Receipt/ Damage:

  • The weight or quantity recorded by us in the dispatch documents shall be the basis for Invoicing and Payment. In case of short receipt/damage receipt Buyer shall forthwith intimate in writing any such short receipt/damage receipt of goods immediately to us.

Applicable Taxes:

  • Any Taxes, Cess or Duties levied by Central, State, Local or any other authority now in force or hereafter be imposed on the sale transportation or supply/delivery of the goods shall be EXTRA.

Rates quoted are Exclusive of All the Taxes

Quality of Goods:

  • The goods supplied shall be as per the specifications/quality prescribed by us. No transit Shortage/Damage claims shall be entertained by us without Shortage/Damage Certificate duly acknowledged by the carrier.

Return of Goods:

  • Goods once sold will not be taken back. Insurance: All arrangements for Transit Insurance and all liability for transit losses shall be decided on a case to case basis and as mutually agreed to between the parties.

Delivery:

  • The delivery of the goods shall be made by us at the address as notified by the Buyer. In event of the change of address, the Buyer shall intimate the same to us. The Buyer shall make all arrangements to take delivery of the goods on the dates informed .
  • Delivery of goods will be done Only after receipt of payments in Advance

Payment:

  • The payment should be made only by crossed Cheques/ Bank Drafts /RTGS/NEFT in favour of ONLINE METALS INDIA on any of the Scheduled Banks or any other mode as may be agreed through normal banking channels. The Buyer shall not for any reason suspend payment or make any deduction by the way of set-off. In case any amount is withheld or sought to be set-off/adjusted unless specifically agreed in writing by us such withholding/ set-off will not be accepted as valid discharge of the payment.

Default:

  • Failure to make payment on due date will attract overdue interest @24% per annum OR such other rates as may be revised from time to time by us shall be payable for any period of delay. Payments are subject to realization.

Appropriation of Payments:

  • We reserve the right to appropriate/adjust any discount or other sums due to buyer against any dues from the buyer including delayed payment charges.

Delivery Terms:

  • The Buyer will, in every case examine the goods on taking delivery and thereafter will have no claim again at the Company on account of damage to the goods, shortage of weight or as to the nature of quality of the goods or any matter whatsoever. Our Liability for Delivery of the goods ceases as soon as these are placed on Rail/Board/Transport at the place of dispatch and a clear Railway Receipt/Bill of Lading,Lorry Receipt obtained Ex-Godown of Ex-Jetty quotations: The Buyer will take delivery at his own risk.

Delay in Delivery:

  • We shall not be responsible for any delay in delivery beyond its own control, but will do its utmost to ensure speedy delivery.

Unauthorized acceptance of Goods:

  • Any unauthorized party taking delivery of the goods mentioned herein will be criminally prosecuted and held liable for costs and charges incurred thereon.

Lienon Goods:

  • We shall have lien on the goods delivered/supplied as to the unpaid as the purchase price of the goods and we shall be entitled to exercise the said lien to recover the unpaid purchase price by taking back the goods and shall be entitled to sell the same to some other Buyer and adjust the sum so realized against the unpaid purchase price without prejudice to our other rights and remedies to recover the outstanding dues or other dues.

Warranty of Goods:

  • All products are assured to be up to standard. No claims will be recognized unless notified in writing within 8 days after receipt of goods. We reserve the right to deal with such goods in the best possible manner. Our decision will be final.

Governing Law:

  • Indian Law shall govern the Contract. Any dispute arising out of or in connection with the Contract shall be subject to jurisdiction of the Indian Courts.

Jurisdiction:

  • This sale for purpose of Legal Jurisdiction shall be deemed to have been concluded only at Mumbai and only the Courts of Mumbai shall be competent to try all cases/suits arising out of the sale.