Published on 03.02.2021

  1. Seller shall ensure that Orders will be packed in an adequate manner as per the industrial and statutory standards in order to protect and preserve the Material(s) and that Orders will be shipped to the destination designated in the Order, or other place of shipment as specified by the Customer. All shipments of Materials shall be shipped with a qualified and licensed carrier and with adequate liability and replacement insurance coverage.
  2. Seller shall notify TTIPL when the Materials have been shipped in accordance with the instructions in the Purchase Order. The Materials are subject to acceptance by the Customer. TTIPL and/or the Customer may reject any portion of any shipment of the Materials, which does not comply with the specifications in the Order.
  3. Title to the Materials delivered by the Seller pursuant to the Order to the Customer, provided that Customer has made full payment for the Materials to the designated bank account as prescribed by TTIPL. Seller acknowledges and agrees to this title and shall provide the Materials free and clear of all liens, charges, encumbrances, restrictions or not in violation of other third-party rights and applicable regulations.
  4. While despatching material on delivery term “Door Delivery” seller must insure material under marine insurance policy 110% of Invoice value.
  5. In absence of insurance of material if any loss of damage happens during shipment. Seller will compensate to buyer/ metals planet within 3 working days from the date of incident.