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Terms & Conditions For Sales Invoice
"I need Terms & Conditions For Sales Invoice for my retail electronics business in Manila, Philippines, with specific provisions for online payments and product returns, to be implemented by January 2025."
1. Parties: Identification of the seller (company/business) and the buyer (customer), including complete legal names, addresses, and tax identification numbers
2. Definitions: Clear definitions of key terms used throughout the document, including 'Products', 'Services', 'Payment Terms', 'Due Date', etc.
3. Price and Payment Terms: Details of pricing, payment methods, payment schedule, and consequences of late payment
4. Delivery Terms: Conditions for delivery, timing, and transfer of risk and title
5. Invoice Disputes: Process for raising and resolving disputes regarding invoiced amounts
6. Taxes and Duties: VAT and other applicable taxes, responsibility for payment, and tax documentation requirements
7. Warranties and Limitations: Standard warranties for products/services and limitations of liability
8. Governing Law: Specification of Philippine law as governing law and jurisdiction for disputes
9. Entire Agreement: Statement that these terms constitute the entire agreement regarding the sales transaction
1. Product Returns: Terms and conditions for product returns and refunds, applicable for goods-based transactions
2. Quality Assurance: Specific quality standards and testing procedures, relevant for manufacturing or specialized products
3. Intellectual Property: IP rights and usage restrictions, particularly relevant for software or creative services
4. Confidentiality: Confidentiality obligations, necessary when dealing with sensitive information or proprietary products
5. Force Majeure: Provisions for unforeseen circumstances affecting delivery or performance
6. Insurance: Insurance requirements and coverage details, important for high-value goods or risky transactions
7. Electronic Communications: Terms for electronic invoicing and communications, needed when using digital platforms
1. Schedule A - Price List: Detailed pricing information, including any volume discounts or special pricing arrangements
2. Schedule B - Payment Terms Matrix: Detailed breakdown of payment terms for different customer categories or transaction types
3. Schedule C - Delivery Guidelines: Specific delivery procedures, timelines, and requirements
4. Appendix 1 - Required Documentation: List of required documents for different types of transactions (e.g., export documentation, tax forms)
5. Appendix 2 - Product Specifications: Technical specifications or service descriptions, where applicable
6. Appendix 3 - Return Procedures: Detailed procedures for product returns, including packaging and shipping requirements
Authors
Applicable Law
Authorized Representative
Business Day
Buyer
Confidential Information
Delivery
Delivery Date
Due Date
Force Majeure Event
Goods
GST/VAT
Intellectual Property Rights
Invoice
Late Payment
Order
Party/Parties
Payment Terms
PHP
Price
Products
Purchase Order
Seller
Services
Specifications
Tax
Term
Terms and Conditions
Territory
Third Party
Trading Terms
Transaction
Warranties
Working Hours
Payment Terms
Delivery
Price and Invoicing
Tax Compliance
Title and Risk
Warranties
Liability
Force Majeure
Dispute Resolution
Governing Law
Confidentiality
Termination
Assignment
Notices
Entire Agreement
Severability
Electronic Communications
Data Protection
Product Returns
Quality Assurance
Documentation Requirements
Default
Remedies
Amendment
Waiver
Third Party Rights
Insurance
Compliance with Laws
Retail
Manufacturing
Wholesale
E-commerce
Professional Services
Construction
Information Technology
Food and Beverage
Healthcare
Automotive
Electronics
Agriculture
Logistics
Real Estate
Finance
Legal
Sales
Accounts Receivable
Credit Control
Operations
Compliance
Customer Service
Tax
Commercial Operations
Contract Administration
Chief Financial Officer
Finance Manager
Accounts Receivable Manager
Credit Controller
Sales Manager
Commercial Director
Legal Counsel
Compliance Officer
Business Development Manager
Operations Manager
Procurement Manager
Contract Administrator
Tax Manager
Financial Controller
Customer Service Manager
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