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Terms Of Sale Of Goods Contract Template for India

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Key Requirements PROMPT example:

Terms Of Sale Of Goods Contract

"I need a Terms of Sale of Goods Contract for my manufacturing company in Mumbai to export automotive parts to international buyers, with specific provisions for quality testing and international shipping terms under Indian law."

Document background
The Terms of Sale of Goods Contract serves as a fundamental legal instrument for commercial transactions in India, establishing the rights and obligations of parties involved in the sale and purchase of goods. This document is essential for businesses engaged in the sale of products, whether in B2B or B2C contexts, and is particularly crucial for maintaining clear commercial relationships and preventing disputes. The contract is governed by Indian law, specifically the Sale of Goods Act, 1930, and the Indian Contract Act, 1872, which provide the legal framework for such transactions. The document typically includes comprehensive details about product specifications, pricing, delivery terms, warranties, and risk allocation, making it suitable for both single transactions and ongoing business relationships.
Suggested Sections

1. Parties: Identification and details of the seller and buyer, including registered addresses and company registration numbers

2. Background: Context of the agreement and brief description of the business relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Sale and Purchase: Core agreement for the sale and purchase of goods, including description of goods

5. Price and Payment: Payment terms, method of payment, currency, and payment schedule

6. Delivery: Delivery terms, timeline, location, and transfer of risk

7. Title and Risk: Transfer of ownership and risk in the goods

8. Quality and Description: Quality standards, specifications, and warranties regarding the goods

9. Inspection and Acceptance: Procedures for inspection of goods and acceptance criteria

10. Warranties and Representations: Standard warranties regarding the goods and capacity to contract

11. Limitation of Liability: Limitations on liability and exclusions

12. Term and Termination: Duration of the agreement and termination provisions

13. Force Majeure: Events excusing performance and their consequences

14. Governing Law and Jurisdiction: Applicable law and courts having jurisdiction

15. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. Intellectual Property Rights: Required when the goods involve patents, trademarks, or other IP rights

2. Confidentiality: Needed when sensitive information will be exchanged during the transaction

3. Insurance: Required for high-value goods or when specific insurance requirements exist

4. Export/Import Compliance: Necessary for international sales or restricted goods

5. Return and Refund Policy: Important for retail sales or when dealing with consumable goods

6. After-Sales Service: Required when maintenance or support services are included

7. Packaging and Labeling: Necessary for goods requiring specific packaging or labeling requirements

Suggested Schedules

1. Schedule 1 - Product Specifications: Detailed technical specifications of the goods

2. Schedule 2 - Pricing Schedule: Detailed pricing structure, including any volume discounts or special pricing arrangements

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and locations for multiple deliveries

4. Schedule 4 - Quality Standards: Specific quality requirements and testing procedures

5. Schedule 5 - Warranty Terms: Detailed warranty terms and claim procedures

6. Appendix A - Purchase Order Format: Standard format for purchase orders under the agreement

7. Appendix B - Acceptance Test Procedures: Detailed procedures for testing and accepting the goods

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈ˰æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions














































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Relevant Industries

Manufacturing

Retail

Wholesale Trade

E-commerce

Consumer Goods

Industrial Equipment

Electronics

Automotive

Textiles

Food and Beverage

Pharmaceuticals

Construction Materials

Agriculture

Chemical Industry

Relevant Teams

Legal

Procurement

Sales

Commercial

Operations

Supply Chain

Compliance

Business Development

Contract Management

Risk Management

Relevant Roles

Commercial Director

Procurement Manager

Sales Manager

Legal Counsel

Contract Manager

Business Development Manager

Supply Chain Manager

Operations Manager

Compliance Officer

Chief Commercial Officer

Purchasing Officer

Sales Director

General Counsel

Chief Legal Officer

Vendor Manager

Industries





Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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