Skip to Content

  1. Terms & Conditions 

Bank Details

Bank Name: ICICI Bank (Corporate)

Bank Account No: 280205000880

IFSC Code: ICIC0002802


Sales Terms & Conditions

  1. Currency of Quotation
  • All prices quoted are in Indian Rupees (INR).

2. Delivery

  • Delivery shall be made within 20 weeks from the date of receipt of Purchase Order (PO) / Letter of Intent (LOI).

3. Warranty

  • Warranty period shall be 12 months from the date of commissioning against defective parts and workmanship.

  • Warranty will be valid only if proper maintenance is carried out at the correct intervals and in the prescribed manner.

  • Warranty shall not cover damages caused due to accidents, misuse, negligence, unauthorized operation, or improper maintenance.

4. Installation & Commissioning

  • Installation and commissioning will be provided free of cost for the first time after receipt of the material at site.

5. Training

  • Basic training for operation and maintenance of the machine will be provided free of cost during installation and commissioning.

6. Payment Terms

  • 30% payment along with the Purchase Order (PO), with the remaining 70% payable against the Proforma Invoice prior to dispatch of the machine.


Rental Terms and Conditions

1. Rate & Taxes

  • The above-mentioned rate is exclusive of taxes. GST is extra @ 18%

  • Any other government charges will be payable by you

  • The above rate is for 10 Hrs. (9 +1) shift, which is inclusive of 1 hour of Lunch break

  • Other National or Regional Holidays/Natural Calamity/Strikes or Lockdowns, any other unexpected leaves will charged as a regular day

  • The complete Monthly rent is applicable, irrespective ofthe Month having 28 or 30 or 31 days

2. Advance

  • One month rent and transportation to be paid in advance

3. Payment Terms

  • Payment should be made within 07 (Seven) days from the receiptof bill or 30 days from the date of receipt of service, whichever is earlier

  • 01 (One) Month rent to be paid in advance

  • Delayed payment charges @ 18% will be applied after due date

  • Any dispute in invoice to be settled within 7 days of submission of the invoice via Mail/Hardcopies

4. Non-receipt of payment

  • In the event of non-receipt of payment by us OR any other irregularities with respect to the payment from your end, we may be forced to stop our services, and you will need to make full payment (as per the PO) to us, even for the stoppage period. Also, you will pay us the transportation charges (at actuals) for de-hire of the equipment, in case of non-receipt of payment by us, at any point of time.

5. Overtime (OT)

  • If the equipment is used for more than 10 Hours, Overtime will be charged at pro-rata basis. i.e. (Rate per Month / 26 days) * 9hrs

  • If machine is used on Sundays, the total no. of null charged as Overtime.

6. Break-down

  • If our equipment becomes idle due to any Mechanical, Electrical failure, you have to give us minimum of 5 hours for repair & maintenance. Breakdown charges may be deducted at pro- rata basis. i.e. (Rate per Month / 26 days) * 9hrs

7. Fuel & power

  • For Diesel Operated Machines, diesel will be in your scope

  • For Battery Operated Machines, 3-Phase power supplyand battery charging point to be provided by you.

8. Mobilization – demobilization

  • If transportation is arranged from our end, it will be arranged only on 100% advance payment (GST @ 18% will be applicable)

  • If you would prefer to organize the transportation yourself, please inform us two days in advance

  • Transportation can also be arranged from our end, on To-Pay basis, wherein the transport bill can be settled directly to the transporter after the delivery of the machine.

9.Loading & unloading

  • Unloading of machine at site (when the machine is mobilized) and Loading of the machine (when the machine is demobilized) will be under your scope

10. Detention charges

  • We will give you 24hrs prior notice for loading/unloading. If it takes more than 24hrs, the delay will be charged as per the per day rate in PO

11. Tax deducted at source (TDS)

  • Deduction of TDS (if applicable) will be according to statutory rules

12. Other taxes

  • Any other taxes like- Road tax, Border tax etc. will be in your scope

13. Diesel conditions

  • For Diesel driven equipment, under any circumstances, a minimum quota of 20 Ltrs. of Diesel has to be maintained for safe working of the AWP. In case, the level is below 20 Ltrs. and the AWP encounters a breakdown, then this will not be considered as breakdown period. Any other spares like Starters, Coils etc. damaged because of this negligence will also be charged to you, at actuals

14.Contract extension

  • If you need to extend the contract, please inform us at least one week in advance so that we can arrange the resources

15. Gate pass formalities

  • Your help will be required in arranging the Gate pass and any other formalities that are needed to enter the site, for our company personnel’s (management, supervisors, service engineers, etc.) visit during the contract period. Your help will also be required in arranging the Gate pass, during the entry and exit of the machines in your site/facility

16. De-hiring

  • Whenever the machine is required to be de-hired, either by you or us, a written notice must be sent to our office, at least 7 days in advance

17. Insurance & coverage

  • We will not be responsible for any production loss or damage to goods for any accident, theft, pilferage or any loss to goods/ life owing to breakdown of our equipment. Our liability in this regard shall be limited to the extent of covering our equipment under the 3rd Party Insurance policy ONLY

18. Log sheets

  • All the Log sheets should be duly signed by the site in-charge on daily basis

  • Billing will be done according to entries in the log sheet and no corrections in the same will be entertained whatsoever, during billing

  • Any corrections on the log sheet done at site, should be counter signed by the site in-charge immediately

19. Other conditions

  • PPE for Operators mandatory as per your site requirements, should be provided by you

  • Functioning of the equipment should be as per Operational instructions, as per the manufacturer only

  • Safety and Parking of the machines to be taken care by you

  • Work Order should contain Delivery Address, Billing Address, Contact Person’s Name and Number, GSTIN

  • Confirmed Work Order must contain all the above points, with no exception

20. Jurisdiction & arbitration

  • Any dispute arising out of or in connection with this Order shall be subject to arbitration in accordance with the Arbitration and Conciliation Act, 1996 or any amendment thereof. The dispute shall be arbitrated by a sole arbitrator mutually appointed by the Seller/ Service Provider and the Buyer/ Service Receiver. The seat of arbitration shall be Mumbai. The arbitration shall be conducted in the English language. Any suit or other proceedings to enforce the rights of either party in relation to arbitration shall be instituted in and tried by the Courts.