Terms and Conditions - Seller
In these Terms and Conditions, "Platform" means the company, Excess Inventory Guru Pte Ltd; "Seller" means the person, firm, company or corporation by whom the order is given.
2. The Agreement
2.1 All orders via the platform will be subject to a 24% trade commission on the purchase price, paid to Excess Investory Guru Pte Ltd
2.2 Payments received from the platform will be kept in escrow and will be released 45 days after delivery of products or stock
2.3 Seller can claim payment upon a buyer's receipt confirmation of products or stocks delivered.
2.4 Upon the date of acceptance of Buyer's order on Seller's Acknowledgement of Order form or upon the date of fulfilment of all conditions precedent stipulated in the listing, Seller shall be responsible for complying with all laws and regulations applicable to international sales, purchases, and postage of items. Seller shall conduct business in a proper and professional manner with clients and the platform.
2.5 In rare cases of inability to fulfil the order. The seller will have to bear all Admin and bank/payment gateway fees levied up to 5% of purchase price or $1/- per transaction, whichever is higher.
2.6 All products listed and sold should be of good quality and at genuine excess prices with no harmful ingredients/elements involved. The platform reserves the right to edit/remove listings that are deemed inconsistent or harmful.