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Terms of Service

These terms govern your use of Worldmart Overseas's global trade services and website. By accessing our services, you agree to these terms.

1. Acceptance of Terms

By accessing or using Worldmart Overseas's website and trade services, you agree to be bound by these Terms of Service and our Privacy Policy. If you do not agree, you may not use our services.

Important: These terms include provisions limiting our liability and requiring arbitration of disputes related to international trade.

2. Services Overview

Worldmart Overseas provides comprehensive global trade solutions including:

  • Export and import of agricultural products and spices
  • International sourcing of hardware and construction materials
  • End-to-end logistics and supply chain management
  • Customs clearance and trade compliance services
  • Market research and trade consultation

Note: Specific terms for each service will be outlined in separate trade agreements and contracts.

3. User Responsibilities

When using our trade services, you agree to:

  • Provide accurate and complete business documentation
  • Comply with all applicable international trade laws and regulations
  • Obtain necessary import/export licenses and permits
  • Ensure product compliance with destination country regulations
  • Maintain confidentiality of trade terms and pricing
  • Not engage in fraudulent or prohibited trade activities

4. Orders and Payments

Order Process

International trade orders are subject to:

  1. Product availability confirmation
  2. Export/import compliance verification
  3. Final approval by Worldmart Overseas

Pricing

All prices are:

  • Subject to change without notice
  • Quoted in USD unless specified otherwise
  • Exclusive of duties, taxes, and customs fees unless stated

Payment Terms

Standard international trade payment terms:

  1. 30% advance payment with purchase order
  2. 60% payment before shipment
  3. 10% balance payment after successful delivery

Alternative payment terms (LC, DA, DP) may be available for established trade partners.

5. Shipping and Delivery

Shipping Terms

All shipments are governed by Incoterms® 2020 as specified in the contract:

  • FOB - Free On Board (port of shipment)
  • CIF - Cost, Insurance and Freight (port of destination)
  • EXW - Ex Works (seller's premises)

Delivery Timeline

Estimated delivery times:

  • Air freight: 3-7 business days (after dispatch)
  • Sea freight: 15-45 days (depending on destination)
  • Land transport: 5-10 days (for neighboring countries)

Important: Delivery times are estimates only. Customs delays, weather conditions, and other factors may affect actual delivery times.

6. Returns and Claims

Due to the nature of international trade:

  1. Claims for damaged goods must be filed within 7 days of receipt
  2. Returns require prior authorization
  3. Buyer bears return shipping and customs costs
  4. Refunds processed within 30 days of return acceptance

Non-Returnable Items: Perishable goods, custom-made products, and items with special import restrictions cannot be returned.

7. Intellectual Property

All trade-related intellectual property is protected:

  • Product designs and specifications remain the property of their respective owners
  • Worldmart Overseas trademarks may not be used without permission
  • Trade secrets and pricing information must remain confidential

8. Limitation of Liability

Worldmart Overseas shall not be liable for:

  • Consequential damages from delays or non-delivery
  • Losses due to force majeure events (war, natural disasters, etc.)
  • Customs seizures or import restrictions
  • Third-party carrier actions or failures
  • Amounts exceeding the contract value

9. Dispute Resolution

Any trade disputes shall be resolved through:

  1. Good faith negotiation between parties (30 days)
  2. Mediation at the Gujarat Chamber of Commerce
  3. Binding arbitration under Indian Arbitration Act

Court jurisdiction is limited to enforcement of arbitration awards or injunctive relief.

10. Governing Law

These terms shall be governed by Indian law. The courts in Morbi, Gujarat shall have exclusive jurisdiction over any disputes.

Contact for Trade Agreements

GROUND FLOOR, WORLDMART OVERSEAS, MAIN STREET, TANKARA, GUJARAT IN-363650

+91 97249 42042

contracts@worldmartoverseas.com

Last Updated: August 2025 | Version 1.0