09 March 2026
Payment and Delivery
3.1 All invoices are payable on a Prepayment
(Pay in Advance) basis.
3.2 Prices quoted include the product cost
only and exclude VAT, other taxes, shipping costs, insurance premiums,
additional packaging fees, and any other incidental charges. Shipping costs
shall be borne by the Buyer and may be reflected in the invoice.
3.3 The Buyer shall make timely payments in
accordance with the conditions specified in the invoice. Payments must be
remitted to the corporate bank account designated by the Seller. In the event
of overdue payment, starting from the 10th calendar day of the delay, a late
payment interest of 5% per annum and a penalty fee of 5% of the total invoice
amount shall automatically accrue.
3.4 The Buyer shall not be entitled to lodge
claims or demands for compensation against the Seller regarding invoices that
have already been settled.
3.5 Title and Risk: Prior to full payment of
the order, the title (ownership) and risk of the goods remain with the Seller.
The Seller shall: maintain the goods at professional premises, ensure the goods
are insured, and retain a lien over all goods in the Buyer’s possession or
control. The title and risk shall automatically transfer to the Buyer only upon
full payment of the order and all associated debts.
3.6 Delivery: Delivery shall be effected by
the Seller transporting the goods to the Buyer's designated address, or by the
Buyer collecting the goods from the Seller's designated location upon
presentation of an acceptance slip. From the moment of collection, all costs
related to storage, transportation, and all other potential risks shall be
borne by the Buyer. If the Seller does not receive dispatch instructions within
10 calendar days after notifying the Buyer that the goods are ready, the Buyer
shall bear all costs related to the preservation of the goods, including
storage and insurance fees based on actual expenses. The Seller reserves the
right to dispose of the liened goods.
3.7 Lead Time: The Seller may deliver the
order in one or multiple installments. While the Seller will make every effort
to adhere to the estimated delivery dates, the Seller shall not be liable for
any damages or compensation arising from delays in delivery.
3.8 Acceptance: In case of any visible
external damage to the goods, the Buyer must submit a written claim within 10
calendar days of receipt. If no such written notice is received, the goods
shall be deemed to comply with this agreement, and the Buyer shall be deemed to
have accepted the goods.
3.9 Returns: No returns will be accepted
without the Seller's prior written authorization. For authorized returns, a
restocking fee of 30% will be deducted for standard products, and 50% for
custom-made products. All shipping and packaging costs for returns shall be
borne by the Buyer.