Lot Level Simplified T&Cs for eCom inventory (PreXo & Non-PreXo)
Bid Value
Bid value is inclusive of GST however it doesn’t include the logistics cost.
Cancellation
Once a you have won the lot you have to honour the payment. Failure in doing so could result in penalty and/or “blacklisting” on the platform. Seller or Blubirch have the right, at our sole discretion, to refuse or cancel any auctioned lot or part of it for any reason. In the event that an auctioned lot be cancelled, we will notify you by email/phone/SMS/WhatsApp of such cancellation and your payment will be refunded within 24 hours, else it will be available in the Blubirch books of accounts and can be utilised for buying next LOT.
Payment terms and purchase
Once your bid is approved and you are declared the winner of the relevant bid, you would be required to pay 40% of the total bid price/value within a period of 24 hours from the time of approval of your bid, failing which the bid shall stand cancelled
You will be required to pay 60% of the amount representing the bid price/value within 24 hours from the time of communication from our side requiring you to pay the remaining 60%. In case you do not pay the remaining 60% amount within 7 days from the date of communication for the same from our side, the bid shall stand cancelled and we will be liable to return only an amount equal to 20% of the bid price/value paid by you in advance, and retain the remaining 20% as cancellation charges. The said amount equivalent to 20% of the bid price/value shall stand forfeited.
Subject to you making the payment of the remaining 60% of bid price/value within the above-mentioned 7 day period, in case you do not pick up the goods on the date specified by us to you, you may collect the same only within 7 days from the date of collection specified by us by paying such logistics, warehousing and holding charges as specified by us. In case you fail to pick-up the goods within the above-mentioned 7 day period, then the bid shall stand cancelled and we will be entitled to retain the 20% of the total bid price/value paid by you as cancellation charges, and shall return the remaining amount to you. The said amount equivalent to 20% of the bid price/value shall stand forfeited
Item Condition
Inventory condition will be mentioned in manifest, which means the products may be functionally good with Minor or Major Scratches, Defective or damaged condition. The inventory will be shipped to the buyer in “As-Is” condition.
Shipment
Post payment for the won lot, buyer will receive the invoice and information for inventory pickup.
Logistics cost has to be borne by the buyer over and above the bid value.
H&B inventory has to be picked by buyer directly from Blubirch warehouse.
Claims
The seller will not entertain any type of claims.