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Terms & Conditions

Please read these Terms and Conditions carefully before using our services. By accessing our website or making a purchase, you agree to be bound by these terms.

Last Updated: 1st January 2024

Agreement Notice: By accessing this website, submitting an enquiry, or making a purchase from VIP Assetz, you acknowledge that you have read, understood, and agree to be bound by these Terms and Conditions. If you do not agree to these terms, please do not use our services.

Acceptance of Terms

These Terms and Conditions ("Terms") govern your use of the VIP Assetz website and all associated services. VIP Assetz ("Company," "we," "us," or "our") operates from Shop No 17, Central Market Arcade, New Town Action Area 1, Kolkata, West Bengal 700156, India.

These Terms apply to all visitors, users, customers, and others who access or use our services. By engaging with us — whether through our website, in-store visits, phone enquiries, or digital channels — you confirm that you are at least 18 years of age and have the legal capacity to enter into a binding agreement.

We reserve the right to modify these Terms at any time. Changes will take effect immediately upon posting on our website. Your continued use of our services constitutes acceptance of the revised Terms.

Definitions

For the purposes of these Terms and Conditions, the following definitions apply:

  • "Website" refers to the VIP Assetz website and all its associated pages and sub-domains.
  • "Customer" or "You" means any person who uses our website, enquires about our products, or makes a purchase.
  • "Products" means all electronics, appliances, accessories, and related items offered by VIP Assetz.
  • "Order" means a confirmed purchase agreement between the customer and VIP Assetz.
  • "Enquiry" means a request for information, pricing, or product availability submitted by a customer.
  • "Services" includes all products, support, installation, and after-sales assistance provided by VIP Assetz.
  • "Content" means all text, images, videos, product descriptions, and other material published on our website.

Products & Pricing

Product Information

We strive to display accurate and complete product information, including descriptions, specifications, images, and availability. However, we do not warrant that product descriptions or other content on the website is accurate, complete, reliable, or error-free.

  • All product images are representative and may vary slightly from actual products
  • Product specifications are sourced from manufacturers and may change without prior notice
  • Product availability is subject to stock levels and may vary
  • Colour representation may vary based on your screen settings and device calibration

Pricing Policy

All prices are in Indian Rupees (INR) unless otherwise stated. Prices are subject to change without prior notice. We make every effort to ensure pricing accuracy, but in the event of an error, we reserve the right to:

  • Cancel or refuse any order placed at an incorrect price
  • Contact you with the correct price and offer you the option to proceed or cancel
  • Correct the displayed price without processing any orders at the erroneous price

Prices displayed on our website are exclusive of applicable taxes, GST, delivery charges, and installation fees unless explicitly stated as inclusive. Final pricing including all applicable charges will be communicated at the time of order confirmation.

Product Authenticity Guarantee

VIP Assetz guarantees that all products sold are 100% genuine, sourced from authorised distributors, and come with official manufacturer warranties. Any product found to be inauthentic will be replaced or fully refunded without question.

Orders & Enquiries

Enquiry Process

Submitting an enquiry through our website or contacting us does not constitute a binding purchase agreement. An order is confirmed only upon:

  • Written confirmation from VIP Assetz via email or message
  • Receipt of advance payment or agreed deposit where applicable
  • Confirmation of product availability and delivery timeline

Order Cancellation

Orders may be cancelled subject to the following conditions:

  • Cancellation before dispatch: Full refund applicable; please contact us within 24 hours of order placement
  • Cancellation after dispatch: Subject to our returns policy; return shipping charges may apply
  • Custom or special orders: May not be cancellable once confirmed and processed with the manufacturer
  • VIP Assetz reserves the right to cancel orders due to stock unavailability, pricing errors, or suspected fraudulent activity

Order Modifications

Requests to modify orders (change of product, quantity, or delivery address) must be made prior to dispatch. We cannot guarantee order modifications once the item has been dispatched. Please contact us immediately at +91 94400 70298 if you need to modify an order.

Payment Terms

We accept various payment methods to provide convenience to our customers. All payments must be made in Indian Rupees (INR).

Accepted Payment Methods

  • Cash payment at our store (Shop No 17, Central Market Arcade, New Town)
  • Bank transfer (NEFT/RTGS/IMPS) to our official account
  • UPI payments (Google Pay, PhonePe, Paytm, and other UPI apps)
  • Credit and debit cards (Visa, Mastercard, RuPay)
  • Equated Monthly Installments (EMI) — terms as per financing partner
  • Demand Draft or Cheque for large corporate orders

Payment Security

All online transactions are processed through secure, encrypted payment gateways. VIP Assetz does not store credit card or debit card numbers. Please ensure you are on our official website before making any payment. We will never ask for your banking OTP, PIN, or password.

GST & Tax

All applicable GST and taxes will be charged as per prevailing Indian government regulations and clearly stated on your invoice. GST invoices are provided for all transactions upon request.

Delivery & Shipping

Delivery Areas

We primarily serve customers in Kolkata and West Bengal. For out-of-state deliveries, additional charges and extended delivery timelines may apply. Please enquire before placing an order if you are outside West Bengal.

Delivery Timeline

  • In-Store Collection: Available same day or as agreed at time of order confirmation
  • Kolkata City Delivery: 1–3 business days from order confirmation and payment
  • West Bengal (Outside Kolkata): 3–7 business days
  • Pan-India Delivery: 5–14 business days depending on location and product
  • Pre-Order or Out-of-Stock Items: Estimated timelines communicated at time of enquiry

Delivery Charges

Delivery charges vary based on product size, weight, and delivery location. Specific delivery charges will be communicated before order confirmation. Free delivery may be available for orders above a certain value — please enquire for current offers.

Delivery Responsibility

Risk of loss and damage transfers to the customer upon delivery and acceptance of goods. Please inspect all deliveries at the time of receipt and report any visible damage within 24 hours of delivery.

Warranty & Returns

Manufacturer Warranty

All products sold by VIP Assetz come with official manufacturer warranty. Warranty duration and coverage varies by product and brand. Warranty documents and service centre details will be provided at the time of purchase.

Return Policy

  • Dead on Arrival (DOA): Products that malfunction within 48 hours of delivery are eligible for immediate replacement
  • Damaged Products: Physical damage must be reported within 24 hours of delivery with photographic evidence
  • Wrong Product Delivered: Report within 48 hours for immediate resolution at no cost to the customer
  • Change of Mind: Returns for change of mind are subject to a restocking fee and must be in original unopened condition
  • Opened Products: Generally not eligible for return unless defective or incorrectly supplied

Return Process

To initiate a return, contact us at info@vipassetz.com or +91 94400 70298. Returns must be accompanied by the original invoice, all packaging, accessories, and warranty card. Products damaged due to customer misuse, physical damage, liquid damage, or unauthorised modification are not eligible for return or warranty claims.

Communication Consent

Communication Channels

  • SMS: Short message service communications for alerts, OTPs, and promotional messages
  • Email: Electronic mail communications for orders, newsletters, and marketing
  • WhatsApp: Business messaging through WhatsApp for customer support and updates
  • OBD (Outbound Dialling): Automated voice calls for important announcements and offers
  • Google RCS: Rich Communication Services via Google for enhanced messaging experiences
  • Push Notifications: Browser or application notifications for real-time updates

Intellectual Property

All content on the VIP Assetz website, including but not limited to text, graphics, logos, images, product descriptions, button icons, and software, is the property of VIP Assetz or its content suppliers and is protected by applicable Indian and international intellectual property laws.

  • You may not reproduce, duplicate, copy, sell, or exploit any portion of the website without express written permission from VIP Assetz
  • Trademarks, brand names, and logos of third-party manufacturers displayed on our website belong to their respective owners
  • Product images may be subject to copyright by the respective manufacturers
  • User-submitted content (reviews, feedback) grants VIP Assetz a non-exclusive licence to use and display such content
  • Scraping, data mining, or automated extraction of content from our website is strictly prohibited

Limitation of Liability

To the fullest extent permitted by applicable law, VIP Assetz shall not be liable for any indirect, incidental, special, consequential, or punitive damages, including but not limited to:

  • Loss of profits, revenue, data, or business opportunities arising from use of our products or services
  • Damages resulting from unauthorised access to or use of our servers or personal information stored therein
  • Interruption or cessation of transmission to or from our website
  • Bugs, viruses, trojan horses, or similar harmful materials that may be transmitted through our website by any third party
  • Errors, inaccuracies, or omissions in product descriptions or pricing
  • Delays in delivery due to circumstances beyond our control (force majeure)

Our total liability for any claim arising from these Terms or your use of our services shall not exceed the amount paid by you for the specific product or service that is the subject of the claim.

User Conduct

When using our website or services, you agree not to:

  • Use our services for any unlawful purpose or in violation of any applicable laws or regulations
  • Submit false, misleading, or fraudulent information in any form or enquiry
  • Attempt to gain unauthorised access to any part of our website or systems
  • Harass, threaten, or abuse our staff or other customers
  • Upload or transmit viruses, malware, or any other harmful code
  • Use our website to send unsolicited communications (spam)
  • Engage in any conduct that could damage, disable, or impair our website
  • Use automated tools to scrape, crawl, or collect data from our website
  • Impersonate VIP Assetz, our employees, or other customers

Violation of these conduct standards may result in immediate termination of your access to our services and, where applicable, legal action.

Dispute Resolution

We are committed to resolving disputes amicably and efficiently. In the event of any dispute arising from these Terms or your use of our services, the following process applies:

Step 1: Direct Resolution

Contact us directly at info@vipassetz.com or +91 94400 70298. Most disputes can be resolved quickly through direct communication. We aim to respond to all complaints within 48 hours and resolve them within 14 business days.

Step 2: Mediation

If direct resolution is unsuccessful, both parties agree to attempt resolution through an independent mediator mutually agreed upon by both parties.

Step 3: Arbitration

If mediation is unsuccessful, disputes shall be resolved through binding arbitration in accordance with the Arbitration and Conciliation Act, 1996 (India). The arbitration shall take place in Kolkata, West Bengal, and shall be conducted in English.

Nothing in this clause prevents either party from seeking urgent injunctive or equitable relief from a competent court where necessary.

Governing Law & Jurisdiction

These Terms and Conditions shall be governed by and construed in accordance with the laws of India. Any disputes, controversies, or claims arising out of or relating to these Terms shall be subject to the exclusive jurisdiction of the courts located in Kolkata, West Bengal, India.

By using our services, you consent to the personal jurisdiction of such courts and waive any objection to proceedings in those courts on the grounds of venue or that such courts are an inconvenient forum.

The following Indian laws, among others, govern these Terms:

  • The Information Technology Act, 2000 and its amendments
  • The Consumer Protection Act, 2019
  • The Indian Contract Act, 1872
  • The Sale of Goods Act, 1930
  • The Personal Data Protection Bill (when enacted)

Contact Us

If you have any questions about these Terms and Conditions or wish to raise a concern, please contact us through any of the following channels:

COMPANY
VIP Assetz
ADDRESS
Shop No 17, Central Market Arcade, New Town Action Area 1, Kolkata, West Bengal 700156, India