TAJ PHARMA INDIA LIMITED

Invoicing Terms & Conditions

  1. Rejection of Customer’s General Terms & Conditions
    TAJ PHARMA INDIA LIMITED expressly rejects and does not accept any general terms and conditions proposed or implied by the Customer. Only the terms stated herein shall govern the sale and supply of goods. These terms supersede any prior written or verbal terms and conditions issued previously.
  2. Inspection and Claims for Shortage or Damage
    Any complaint relating to defective materials, shortages, breakage, or any other discrepancy in the goods supplied must be submitted in writing within three (3) days from the date of receipt of goods. Complaints raised after this period shall not be entertained under any circumstances.
  3. Replacement or Resolution of Complaints
    Upon receiving a valid complaint, TAJ PHARMA INDIA LIMITED will assess the issue based on its merits. The Company reserves the right to replace the goods, provide a suitable alternative, or take any other mutually agreed action. The decision of TAJ PHARMA INDIA LIMITED shall be final and binding.
  4. Proof of Delivery
    The Delivery Challan issued at the time of delivery shall be considered conclusive and binding proof of receipt of the materials in good condition, unless otherwise noted in writing at the time of delivery.
  5. Payment Terms & Interest on Delayed Payments
    The Customer shall make payment strictly within the mutually agreed credit period. Any delay in payment will attract an interest charge of 15% per annum on the outstanding amount.
    Payments made through Cheques/Demand Drafts shall be deemed received only upon actual realization. Any bank collection or clearance charges incurred shall be debited to the Customer’s account.
  6. Payments to be Made Without Deductions
    All payments must be made in full without any deduction, including tax deductions, set-offs, adjustments, or counter-claims of any nature. Customers are responsible for complying with all applicable tax regulations separately.
  7. Recovery of Overdue Amounts
    Any costs, legal fees, administrative expenses, or other charges incurred by TAJ PHARMA INDIA LIMITED during the process of recovering overdue payments shall be fully borne by the Customer.
  8. Order of Adjustment of Payments
    Payments received from the Customer shall be adjusted in the following order:
    (i) Judicial or legal costs (if any),
    (ii) Accrued interest,
    (iii) Oldest outstanding invoices.
    This sequence shall be followed irrespective of the payment advice or instructions provided by the Customer.
  9. Limitation of Liability – Delays Beyond Control
    TAJ PHARMA INDIA LIMITED shall not be held liable for any loss, damage, cost, or penalty suffered by the Customer due to delays or failures in manufacturing or delivering the goods arising from causes beyond the Company’s reasonable control, including but not limited to natural disasters, strikes, operational interruptions, supply shortages, or governmental restrictions.
  10. Governing Law & Jurisdiction
    All disputes, differences, or claims arising out of or in connection with any transaction shall be subject to the exclusive jurisdiction of the competent courts at Vapi, Gujarat, India. No other courts shall have jurisdiction, irrespective of where the Customer is located or the goods are delivered.

Terms and Conditions

  1. TAJ PAHRMA INDIA LIMITED explicitly rejects the applicability of any general terms and conditions of Customer. These terms and conditions supersede earlier terms and conditions, if any.
  2. Any complaint regarding defective material/shortage/breakage and on any terms of this Invoice should be lodged in writing within 3 days of receipt of the goods.
  3. TAJ PAHRMA INDIA LIMITED on receipt of the complaint and basing on the merits may replace the same (or) choose any other alternative on mutually agreed terms and conditions.
  4. Delivery challan is the conclusive proof of receipt of the material.
  5. The Customer shall make payment within the agreed time, beyond which interest is chargeable @15% p.a. Cheque/Demand draft payment willbe credited on the date of actual realization and the Banker’s collection charges will be debited to the Customer’s account.
  6. Payment shall be made without deduction towards taxes and free from set-off or other counter-claims of whatsoever nature.
  7. All expenses incurred by TAJ PAHRMA INDIA LIMITED towards collection of overdue payments shall be for Customer’s account.
  8. Payment made by Customer shall be adjusted in the order of first against judicial costs, accrued interest and balance against the oldest outstanding, if any.
  9. TAJ PAHRMA INDIA LIMITED shall not be liable for any loss, damage or penalty incurred by the Customer as a result of any delay (or) failure to manufacture, deliver the material due to any cause beyond its reasonable control.
  10. Any difference or dispute between the Parties shall be subject to the exclusive jurisdiction of competent courts at Vapi, Gujarat, India.