Terms and Conditions

1. Company Information

These Terms and Conditions (“Terms”) govern all business transactions conducted by Armun International (“the Company”, “we”, “our”, or “us”) with its customers (“Buyer”, “Client”, or “you”).

Registered Office: Petrapole Check Post, Batas Market, Room No.B5, Bongaon, North 24 Pgs, WB, India
Email: info@armuninternational.com
Website: https://armuninternational.com

2. Acceptance of Terms

Armun International – Terms and Conditions of Export Sale
Effective Date: 20.10.25

These Terms and Conditions of Export Sale (“Terms”) govern all sales of goods and/or services (“Goods”) by Armun International (“Seller” or “Armun”) to the Buyer (“Buyer”) as named in the corresponding Quotation, Proforma Invoice, or Sales Confirmation (“Contract Documents”). These Terms supersede any conflicting terms in the Buyer’s purchase order or other documents, which are hereby rejected by the Seller.

1. Acceptance and Formation of Contract

  • 1.1. Offer and Acceptance: All quotations issued by the Seller are invitations to treat only and are valid for a period of 15 days unless otherwise stated. A binding contract is formed only upon the Seller’s written acceptance of the Buyer’s purchase order (the “Sales Confirmation”).
  • 1.2. Entire Agreement: The Contract Documents (the Sales Confirmation, these Terms, and any annexures referenced therein) constitute the entire agreement between the parties.

2. Price and Payment

  • 2.1. Price: The price for the Goods shall be as stated in the Sales Confirmation. All prices are quoted in the currency specified in the Contract Documents.
  • 2.2. Payment Terms: Payment shall be made by the Buyer by Wire Transfer (T/T), or as specified in the Sales Confirmation.
  • 2.3. Payment Due Date: Payment shall be due upon issuance of Proforma Invoice, 7 business days from the date of Bill of Lading.
  • 2.4. Late Payment: If the Buyer fails to pay on the due date, Armun International may charge interest on the outstanding amount at the rate of 1.5% per month or the maximum legal rate until payment is received in full.
  • 2.5. Taxes and Duties: Unless expressly stated otherwise, the price excludes all sales, use, excise, import, export, value-added, and similar taxes or duties. The Buyer shall be solely responsible for all import duties, tariffs, customs clearance fees, and taxes levied in the destination country.

3. Delivery and Risk (Incoterms® 2020)

  • 3.1. Delivery Terms: All deliveries are governed by the specific Incoterms® 2020 rule designated in the Sales Confirmation (e.g., FOB [Port of Shipment], CIF [Port of Destination]).
  • 3.2. Transfer of Risk and Cost: The defined Incoterm shall govern the division of costs and the point at which the risk of loss or damage to the Goods transfers from the Seller to the Buyer.
  • 3.3. Delivery Schedule: Any dates quoted for delivery are estimates only. The Seller shall not be liable for any delay in delivery caused by a Carrier, customs, or any Force Majeure event.
  • 3.4. Insurance: Unless the specified Incoterm (e.g., CIF, CIP) requires the Seller to arrange insurance, the Buyer is responsible for obtaining and maintaining all-risk insurance coverage from the point of risk transfer.

4. Transfer of Title (Ownership)

  • 4.1. Retention of Title: Notwithstanding delivery and the transfer of risk, legal title to the Goods shall not pass to the Buyer until the Seller has received full and cleared payment for the Goods and all other amounts due.
  • 4.2. Buyer’s Obligation: Until title passes, the Buyer shall hold the Goods on a fiduciary basis as the Seller’s bailee and shall store the Goods separately, ensuring they are clearly identified as the Seller’s property.

5. Inspection and Acceptance of Goods

  • 5.1. Inspection by Buyer: The Buyer shall be responsible for inspecting the Goods promptly upon arrival at the final destination.
  • 5.2. Claims: Any claim regarding non-conforming Goods, shortage, or apparent defects must be submitted by the Buyer in writing to the Seller within 2 days of arrival at the port of discharge, supported by a third-party inspection report if requested. Failure to submit a timely claim constitutes irrevocable acceptance.
  • 5.3. Remedy: The Seller’s liability for any non-conformity shall be limited to replacement, repair, or refund of the purchase price for those specific Goods.

6. Warranties and Limitation of Liability

  • 6.1. Limited Warranty: Armun International warrants that the Goods will conform to the specifications set out in the Contract Documents at the time of shipment and will be free from material defects for 2 months from the date of shipment.
  • 6.2. Exclusion of Other Warranties: No other warranties, express or implied, including merchantability or fitness for purpose, are given.
  • 6.3. Limitation of Liability: The Seller’s total liability under any claim shall not exceed the total price paid for the specific Goods giving rise to the claim.

7. Force Majeure

  • 7.1. Definition: Neither party shall be liable for any delay or failure caused by an event beyond its reasonable control, including acts of God, war, riot, civil commotion, strikes, embargoes, fire, or government orders.
  • 7.2. Notice: The affected party shall notify the other promptly. If the event continues for more than 15 days, either may terminate the contract by written notice.

8. Governing Law and Dispute Resolution

  • 8.1. Governing Law: This contract shall be governed by the laws of Kolkata, the Republic of India.
  • 8.2. Exclusion of CISG: The UN Convention on Contracts for the International Sale of Goods (CISG) shall not apply.
  • 8.3. Dispute Resolution: Disputes shall be resolved by arbitration under the rules of Kolkata, the Republic of India.
    Seat of Arbitration: Kolkata, India
    Language: English

9. Compliance

  • 9.1. Export Control: The Buyer shall comply with all export control, sanctions, and trade laws and not export or transfer the Goods contrary to such laws.
  • 9.2. Anti-Corruption: The Buyer warrants compliance with all applicable anti-corruption laws.

Note: This document must be formally adopted by Armun International, clearly linked to all quotations and invoices, and professionally reviewed.

10. Changes to Terms

We reserve the right to modify or update these terms and conditions at any time without prior notice. Changes will be effective immediately upon posting to our website. It is your responsibility to review these terms periodically for any updates.

11. Contact Us

If you have any questions or concerns about these terms and conditions, please contact us at:
Armun International
Kolkata, The Republic of India
📞 +91 76040 14585
✉️ info@armuninternational.com
🌐 www.armuninternational.com

By accessing or using our platform, you acknowledge that you have read, understood, and agree to be bound by these terms and conditions.

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