Terms & Conditions

Conditions of Sale & Purchase

Terms & Conditions of Sale

1. General

These Terms and Conditions shall govern all quotations, offers, sales, deliveries and services provided by Manar Polymers Pvt. Ltd. (“Seller”) unless otherwise agreed in writing. Acceptance of any quotation, purchase order or delivery shall constitute acceptance of these Terms.

2. Quotations

  • Unless otherwise specified, quotations remain valid for 30 days from the date of issue.
  • Prices are subject to revision in case of significant changes in raw material costs, exchange rates, statutory levies, freight or other input costs before order confirmation.
  • Typographical and clerical errors are subject to correction.

3. Purchase Orders

Orders shall become binding only after written acceptance by Manar Polymers.

Changes, cancellations or modifications requested after acceptance shall be subject to Seller’s approval and any additional costs incurred.

4. Prices

Prices are exclusive of:

  • GST and applicable taxes
  • Freight
  • Insurance
  • Packing (unless specifically included)
  • Duties and statutory charges

Applicable taxes shall be charged extra.

5. Payment Terms

Payment shall be made strictly as agreed in the Purchase Order or Invoice.

Delayed payments shall attract interest at 18% per annum from the due date until actual realization.

The Seller reserves the right to suspend further deliveries in case of overdue payments.

6. Delivery

Delivery schedules are estimates unless specifically committed.

The Seller shall not be liable for delays caused by:

  • Raw material shortages
  • Utility interruptions
  • Transportation delays
  • Government restrictions
  • Force Majeure events
  • Customer-induced delays

Partial shipments may be made unless otherwise agreed.

7. Transfer of Risk

Risk shall pass to the Buyer upon dispatch of goods from Seller’s premises.

Insurance during transit shall be the responsibility of the Buyer unless otherwise agreed.

8. Inspection and Acceptance

Buyers shall inspect goods within seven (7) days of receipt.

Any shortages, visible damage or manufacturing defects must be notified in writing within seven (7) days.

Failure to notify within this period shall constitute acceptance.

9. Warranty

Seller warrants that products shall conform to mutually agreed specifications.

Warranty does not cover:

  • Improper storage
  • Improper installation
  • Misuse
  • Unauthorized modifications
  • Exposure beyond design conditions
  • Normal wear and tear

Seller’s liability shall be limited to replacement or repair of defective products at Seller’s discretion.

10. Product Development

Samples, prototypes and development parts are supplied for evaluation purposes.

Customers shall independently validate product suitability before commercial use.

11. Tooling, Dies and Moulds

Unless specifically agreed otherwise:

  • All tooling manufactured at Seller’s cost remains Seller’s property.
  • Customer-funded tooling shall remain Customer property after full payment.
  • Seller reserves the right to use such tooling exclusively for Customer orders.

Storage beyond three years without production may attract maintenance or storage charges.

12. Intellectual Property

Drawings, CAD files, designs, compounds, process parameters and technical information exchanged shall remain the property of their respective owners.

Neither party shall disclose confidential information without prior written consent.

13. Limitation of Liability

Seller’s total liability shall never exceed the invoice value of the affected products.

Seller shall not be liable for:

  • Production loss
  • Business interruption
  • Loss of profits
  • Recall costs
  • Consequential or indirect damage

14. Force Majeure

Seller shall not be liable for failure or delay resulting from events beyond reasonable control including natural disasters, strikes, epidemics, war, governmental actions, transportation disruptions or utility failures.

15. Retention of Title

Ownership of goods shall remain with Seller until full payment has been received.

16. Returns

No goods may be returned without prior written authorization.

Authorized returns shall be subject to inspection before acceptance.

17. Compliance

Buyers shall comply with all applicable laws relating to storage, installation and use of products supplied.

18. Governing Law

These Terms shall be governed by the laws of India.

19. Jurisdiction

Any dispute shall be subject exclusively to the Courts having jurisdiction at Pune, Maharashtra.

20. Entire Agreement

These Terms constitute the complete agreement unless modified by a written agreement signed by both parties.

Terms & Conditions of Purchase

1. Scope

These Terms govern all Purchase Orders issued by Manar Polymers Pvt. Ltd. (“Buyer”).

2. Order Acceptance

Suppliers shall acknowledge Purchase Orders within three working days. Failure to object shall constitute acceptance.

3. Quality Requirements

All materials shall:

  • Meet agreed specifications.
  • Comply with approved samples.
  • Be free from defects.
  • Meet applicable statutory requirements.

Buyer reserves the right to reject non-conforming material.

4. Inspection

Acceptance at Buyer’s premises shall not waive Buyer’s right to reject defective material discovered later.

5. Delivery

Supplier shall deliver materials according to agreed schedules. Delays shall immediately be communicated.

Buyer reserves the right to cancel delayed orders.

6. Packaging

Materials shall be packed adequately to prevent transit damage. Damaged packaging may result in rejection.

7. Documentation

Each shipment shall include:

  • Tax Invoice
  • Delivery Challan
  • Test Certificate (where applicable)
  • Batch Identification
  • Material Safety Data Sheet (if applicable)
  • Inspection Report (if applicable)

8. Price

Prices shall remain firm during the agreed validity period unless specifically approved by Buyer.

9. Payment

Payments shall be made according to agreed commercial terms after acceptance of materials and receipt of complete documentation.

10. Warranty

Supplier warrants that materials:

  • Are new
  • Free from defects
  • Meet agreed specifications
  • Are fit for intended use

Warranty shall survive inspection and payment.

11. Rejection

Rejected material shall be:

  • Replaced immediately, or
  • Refunded in full.

Transportation costs for rejected material shall be borne by Supplier.

12. Confidentiality

Supplier shall maintain confidentiality regarding:

  • Drawings
  • Specifications
  • Compounds
  • Product designs
  • Customer information

13. Intellectual Property

Any drawings, specifications or technical documents supplied by Buyer remain Buyer’s property.

14. Compliance

Supplier shall comply with:

  • Applicable laws
  • Environmental regulations
  • Labour laws
  • Safety regulations
  • Anti-bribery regulations

15. Indemnity

Supplier shall indemnify Buyer against losses arising from:

  • Defective material
  • Intellectual property infringement
  • Regulatory violations
  • Product liability claims attributable to Supplier

16. Force Majeure

Neither party shall be liable for delays caused by Force Majeure events, provided prompt notice is given.

17. Governing Law

These Purchase Terms shall be governed by the laws of India.

18. Jurisdiction

Courts at Pune, Maharashtra shall have exclusive jurisdiction.

19. Conflict

If any Purchase Order contains special conditions, those conditions shall prevail over these standard terms to the extent of the conflict.

20. Entire Agreement

These Terms form an integral part of every Purchase Order issued by Manar Polymers.