1.
Scope of Service:
This
quotation invoice details the estimated costs and terms for the products or
services offered by Ambinova Technologies Private Limited (hereinafter referred
to as “Ambinova”) to the client specified above (hereinafter referred to as
“Client”).
2.
Payment Terms:
Payment
can be made in full prior to the delivery or installation of the equipment. The
buyer agrees to the following payment schedule:
• 70% advance payment upon order
confirmation.
• The remaining 30% before delivery of
the product or service in accordance with the agreed terms and conditions.
Payments
can be processed via bank transfer, UPI, or online transfer to the account
specified in this quotation. Any delays in payment beyond the due date will
incur interest at a rate of 18% per Year.
3.
Delivery Terms:
Delivery
will occur within 45 days from the date of order confirmation and receipt of
the advance payment. Delivery timelines may be affected by stock availability
and unforeseen shipping delays. All delivery costs, including transportation,
insurance, and customs clearance (if applicable), will be the responsibility of
the buyer unless otherwise agreed in writing.
4.
Warranty:
All
products, with the exception of consumables and accessories, come with a
standard warranty period of 12 months from the installation date or 14 months
from the invoice date, whichever occurs first. This warranty covers
manufacturing defects and material faults. During the warranty period, any
defective parts will be repaired or replaced at no additional cost. The
warranty does not cover damages resulting from:
• Improper use or handling of the
equipment.
• Unauthorized repairs or
modifications.
• Natural wear and tear from regular
use.
• Accidents or natural disasters.
• Issues related to electricity, such
as insufficient power supply, are the buyer’s responsibility. Damages resulting
from these issues will not be covered under warranty, and returns will not be
accepted. Repairs can be conducted at an additional cost.
To
initiate a warranty claim, the buyer must provide proof of purchase along with
a detailed description of the issue.
5.
Installation & Training
The
cost of online equipment installation is included in the quoted price, where
applicable. Any additional training or physical installation beyond the initial
online setup will incur separate charges, as agreed upon by both parties.
6.
Taxes & Duties
The
prices provided in the quotation do not include applicable taxes, such as GST,
import duties, and other local taxes. These will be added based on the current
government rates at the time of billing. The buyer is responsible for any taxes
and duties that apply in their respective country or state.
7.
Validity
This
quotation remains valid for 30 days from the date it is issued. Prices, terms,
and product availability may change after this validity period without prior
notification.
8.
Cancellation & Order Modification
After
an order has been confirmed and processed, cancellation will only be accepted
with written notification from the buyer. Cancellations made after processing
may incur a fee of 30% of the total order value to cover administrative and
production costs. Any changes to the order, including adjustments to quantities
and specifications, must be requested within 3 days of order confirmation.
Ambinova Technologies reserves the right to accept or decline modifications
based on the current production status of the order.
9.
Return & Replacement Policy
Returns
are only accepted if the product is found to be defective or damaged upon
delivery. The buyer must report any issues within 3 days of receiving the
product. Upon approval, a replacement will be issued, or the product will be
repaired following an inspection by Ambinova Technologies Private Limited.
Returns for custom-made products are not accepted unless they are defective.
10.
Force Majeure
Ambinova
Technologies shall not be held responsible for any failure or delay in meeting
the obligations outlined in this quotation due to circumstances beyond its
reasonable control. Such circumstances may include, but are not limited to,
natural disasters, acts of God, war, terrorism, civil disturbances, strikes,
pandemics, or any other unforeseen events that disrupt normal business
operations.
11.
Governing Law & Dispute Resolution:
This
quotation and any subsequent sales agreement shall be governed by the laws of
India. It is mutually agreed that any disputes, controversies, or claims of any
kind between you and the Company will be resolved through arbitration in
accordance with the Arbitration and Conciliation Act, 1996. The arbitration
will take place in New Delhi, and the Company reserves the exclusive right to
appoint the Sole Arbitrator in the event of any disputes arising from your
engagement with the Company.
12.
Intellectual Property:
All
intellectual property rights, including designs, technical drawings, and
product specifications, remain the exclusive property of Ambinova Technologies.
The buyer agrees not to copy, modify, or distribute any materials provided by
Ambinova without obtaining prior written consent.
13. The aforementioned terms (points 1-12) are
exclusively applicable within India.
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