LCI Learning
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

Atharv Sankliya   08 February 2023

term and condition in invoice

does term and condition in invoice is binding on buyer and it constitutes a counter offer as there is an existing contract between buyer and seller for purchase of goods


Learning

 5 Replies

kavksatyanarayana (subregistrar/supdt.(retired))     08 February 2023

Yes.  The term and condition in the invoice is binding on the buyer.



 

Dr J C Vashista (Advocate)     09 February 2023

The terms and conditions incorporated in the invoice will have to be in consonance with the contract hence it will have to be honoured by the parties to contract.

Real Soul.... (LEGAL)     09 February 2023

You need to understand that Invoice first, usually the invoice is a commercial document that gives statement of itemized products or services with a price and payment options and delivery etc;  the invoice is always issued after receiving an order or in compliance with any agreement. Now in your case it appears the Invoice is issued from an agreement with terms and conditions, the terms and conditions of agreement where the payment terms are well defined supersede over other documents particularly when that is a standard agreement and properly the terms are specified. Your agreement can guide you in this case and if the invoice is objected and disputed that is not at all binding unless agreed.

1 Like

Atharv Sankliya   09 February 2023

thankyou sir

RAKESH PIPRODIA (ADVOCATE)     01 March 2023

Yes, It is biniding on the buyer


Leave a reply

Your are not logged in . Please login to post replies

Click here to Login / Register