Terms and Conditions of Sales 

1. Introduction 

These Terms and Conditions of Sales (“Terms”) govern all quotations, offers, and sales transactions made by Nifty Alloys LLC (“Seller”). By placing a purchase order, the Buyer confirms that they have read, understood, and agreed to these Terms. For complete commercial details, you may also visit our Sales & Purchase page. 

2. Quotations & Pricing 

All quotations are valid for the period mentioned on the quote unless withdrawn earlier. 

Prices exclude taxes, duties, freight, and handling charges unless specifically noted. 

Seller reserves the right to modify pricing due to market fluctuations in raw materials, currency changes, or supply availability. 

3. Orders & Acceptance 

An order becomes binding only upon written confirmation by Seller. 

Seller may reject or cancel orders based on availability, credit issues, or regulatory restrictions. 

4. Payment Terms 

Payment terms will be stated in the invoice. 

Late payments may incur interest charges and/or suspension of future deliveries. 

Seller retains ownership of goods until full payment is received. 

5. Delivery & Risk of Loss 

Delivery dates are estimates only; Seller is not responsible for delays beyond its control. 

Risk transfers to the Buyer once goods are delivered to the carrier or Buyer’s premises. 

6. Inspection & Claims 

Buyer must inspect goods immediately upon receipt. 

Any claims regarding shortages, damages, or nonconformity must be reported within 48 hours of delivery. 

7. Warranty & Liability 

Materials are sold as per the specifications provided; no additional warranties apply unless stated in writing. 

Seller shall not be liable for consequential, indirect, or incidental damages. 

8. Cancellations & Returns 

Returns require prior written approval. 

Customized, cut-to-size, or special-order materials are non-returnable. 

9. Governing Law 

All sales are governed by the laws of the country where Seller operates, unless mutually agreed otherwise. 

Terms and Conditions of Purchase 

1. Purpose 

These Terms and Conditions of Purchase (“Terms”) apply to all purchase orders issued by Nifty Alloys LLC (“Buyer”) to suppliers (“Seller”). Suppliers accepting a PO agree to comply with these Terms. For related procurement guidelines, visit our Sales & Purchase page. 

2. Acceptance of Purchase Order 

Seller must acknowledge the PO in writing within the specified timeframe. 

Any changes to quantity, pricing, or delivery terms must be approved by Buyer in writing. 

3. Pricing & Invoicing 

Prices stated on the PO are firm and not subject to increase without Buyer approval. 

Invoices must include the PO number and match the PO details for processing. 

4. Quality & Specifications 

All supplied materials must meet Buyer’s quality expectations and technical specifications. 

Buyer reserves the right to reject defective, non-compliant, or substandard goods. 

5. Delivery Requirements 

Delivery must be made to the location stated in the PO, within the agreed timeframe. 

The Seller must notify Buyer of any expected delays immediately. 

Buyer may cancel the PO without liability if delivery delays affect operations. 

6. Packaging & Documentation 

Seller must ensure materials are securely packaged to avoid damage. 

Material Test Certificates (MTCs), shipping documents, or compliance certificates must accompany the shipment when applicable. 

7. Inspection & Acceptance 

Goods are subject to inspection after arrival. 

Payment does not constitute acceptance of goods if hidden defects are discovered later. 

8. Warranty 

Seller warrants that materials are free from defects, match specifications, and comply with industry standards. 

Any defective materials must be replaced or credited at Seller’s cost. 

9. Compliance & Ethics 

Seller must comply with all applicable laws, safety standards, and ethical business practices. 

Environmental, sustainability, and regulatory requirements must be met where applicable. 

10. Cancellation 

Buyer reserves the right to cancel any PO before delivery without penalty for reasons including delays, non-compliance, or operational needs. 

11. Governing Law 

These Terms are governed by the laws applicable in Buyer’s operating jurisdiction. 

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