Soureep Enterprise

“Strategic Growth for the Future”

TERMS & CONTITIONS

Payment Terms and Conditions for Soureep Enterprise Business (India)

1. General Terms 1.1 These Payment Terms and Conditions (“Terms”) govern all payments made to Soureep Enterprise (“the Service Provider”) for the provision of services, products, and related activities as agreed upon between Soureep Enterprise and the client (“Client”). 1.2 By availing of services from Soureep Enterprise, the Client agrees to these Payment Terms and Conditions.

2. Payment Methods 2.1 Payments can be made through the following methods:

  • Bank Transfer (NEFT/RTGS)
  • Credit/Debit Card
  • Online Payment Gateway
  • Cheque/DD (only in certain cases) 2.2 The payment details, including bank account information or payment gateway instructions, will be provided in the invoice or upon request.

3. Invoicing 3.1 Soureep Enterprise will issue invoices upon confirmation of services rendered or delivery of products. 3.2 All invoices will include the service/product description, the total amount payable, applicable taxes, and any other relevant details. 3.3 Invoices are typically issued on a monthly, quarterly, or as per the specific agreement with the Client. 3.4 The Client agrees to pay the invoice in full as per the terms mentioned.

4. Payment Terms 4.1 Payments are due within the stipulated time frame as per the agreement or invoice (e.g., 15 days, 30 days, etc.). 4.2 If no specific payment term is mentioned, the default payment term is 15 days from the date of the invoice. 4.3 Late payments will incur a penalty interest charge of 1.5% per month on the outstanding amount after the due date, unless otherwise agreed. 4.4 All payments are to be made in INR (Indian Rupees) unless specified otherwise in the agreement.

5. Taxes and Duties 5.1 All payments are exclusive of applicable taxes (GST, etc.) unless otherwise stated in the invoice. 5.2 The Client is responsible for any taxes, duties, or other government charges applicable in relation to the payment.

6. Refunds and Cancellations 6.1 Refunds may be issued at the discretion of Soureep Enterprise if services are canceled before the completion of work or due to any service failure attributable to the company. 6.2 In cases where services are partially completed or products have been delivered, refunds may be prorated based on the scope of work or products delivered. 6.3 Cancellation requests must be submitted in writing, and the terms of refund or credit will be determined based on the contract or specific agreement.

7. Disputed Payments 7.1 In case of a dispute regarding an invoice or payment, the Client must notify Soureep Enterprise in writing within 7 days of receiving the invoice. 7.2 Both parties will make efforts to resolve the dispute amicably. Any unresolved disputes may be subject to legal proceedings under Indian law.

8. Suspension of Services 8.1 Soureep Enterprise reserves the right to suspend or terminate services in case of non-payment, including overdue invoices or outstanding dues. 8.2 Services will be resumed only after full payment, including any penalty or interest charges, is cleared.

9. Security and Confidentiality 9.1 Soureep Enterprise ensures that all payment information is handled securely, in compliance with relevant data protection regulations. 9.2 The Client agrees to provide accurate payment details and to promptly inform Soureep Enterprise of any changes to payment information.

10. Governing Law and Jurisdiction 10.1 These Payment Terms and Conditions are governed by Indian laws. 10.2 Any disputes arising out of or in connection with these terms shall be subject to the exclusive jurisdiction of courts located in [City Name], India.

11. Amendments 11.1 Soureep Enterprise reserves the right to modify or amend these Payment Terms and Conditions at any time. Changes will be communicated to the Client and become effective immediately unless otherwise specified.

By making payments to Soureep Enterprise, the Client acknowledges and agrees to abide by these Payment Terms and Conditions.