Terms & Conditions of Commercial Procurement
These commercial terms govern all purchase orders, Annual Rate Contracts (ARC), corporate catalog purchases, and custom printing services provided by Max Innovation.
Commercial Scope & Acceptance
These Terms and Conditions constitute a legally binding agreement between Max Innovation ("Supplier") and the purchasing entity ("Buyer", "Client", or "Corporate Customer").
Placing an order via our website, submitting an official Purchase Order (PO), or signing an Annual Rate Contract (ARC) implies full acceptance of these terms.
Quotations, Pricing & ARC Price-Lock
1. Spot Catalog Prices: Listed catalog prices are subject to raw material market variations unless confirmed via formal proforma quotation.
2. Validity of Quotations: Formal RFQ price quotes remain valid for 15 calendar days from date of issuance.
3. ARC Fixed Price Guarantee: Clients with an active Annual Rate Contract enjoy locked wholesale rates for 12 months, shielding them from paper pulp, chemical, and toner raw material inflation.
4. Tax Inclusions: All prices are displayed excluding GST unless explicitly noted. Applicable GST rates (5%, 12%, 18%, or 28%) are calculated item-wise at checkout based on HSN/SAC classification.
Under signed Annual Rate Contracts, Max Innovation absorbs intermediate market raw material price hikes for standard office paper, Taski chemicals, and OEM toners for the full 365-day contract term.
Purchase Orders & Order Acceptance
Official Purchase Orders must specify: Valid PO Number, Delivery Location / Gate, Billing Address, Item HSN Codes, Quantity, Agreed Unit Rate, and Authorized Signatory.
Orders are officially accepted upon issuance of our Order Confirmation or Proforma Invoice. Max Innovation reserves the right to decline orders in case of obsolete OEM SKUs or unverified GST credentials.
Payment Terms & Corporate Credit Lines
• Standard Accounts: 100% advance via NEFT, RTGS, IMPS, UPI, or Corporate Credit Card prior to dispatch.
• Verified ARC Accounts: Net 30 Days from date of Delivery Challan / Invoice for pre-approved corporate entities.
• Overdue Invoices: Unpaid balances beyond the agreed credit window may attract delayed payment interest of 1.5% per month in line with commercial B2B standards.
| Account Tier | Payment Mode | Credit Period | Billing Frequency |
|---|---|---|---|
| Direct Spot Orders | NEFT / RTGS / Card / UPI | Immediate / Pre-dispatch | Per Order |
| Corporate Tier 2 | Purchase Order / NEFT | Net 15 Days | Bi-weekly Consolidated |
| ARC Enterprise Tier 1 | PO / Direct Bank Transfer | Net 30 Days | Monthly Single Consolidated |
Custom Printing & Corporate Gifting Terms
1. Soft Proof Approval: Prior to bulk production, a digital PDF or physical sample proof is submitted for authorized approval. Production commences only upon written / digital sign-off.
2. Tolerances: In accordance with standard industrial printing norms, a ±5% color variation and ±3% quantity variation may occur in customized packaging and offset printing batches.
3. Content Warranty: The Client warrants that all logos, slogans, and trademarks provided do not infringe any third-party intellectual property.
Governing Law & Dispute Jurisdiction
This agreement and all commercial transactions shall be governed by and construed in accordance with the laws of the Republic of India.
Any disputes arising out of or in connection with these terms shall be subject to the exclusive jurisdiction of the competent courts in Pune, Maharashtra, India.
Frequently Asked Questions
Hinjawadi Ph 1 & Chakan MIDC Hub, Pune, MH
