Franchisee

TERMS & CONDITIONS FOR BUSINESS ASSOCIATES / FRANCHISEE
We are pleased to offer our Business Associates / Franchisee for our product on the following terms and condition.

  • ADVANCE CONDITION : One Blank Advance Cheque shall be required to be submitted to the company at the beginning of association for prompt dispatches.
  • AGREEMENT : A written agreement will be made made between the company and the franchisee at the beginning of association.
  • AREA : Franchisee should promote, sell, distribute and work in allotted area only and would not promote the same outside allotted territory, BMW Pharmaco India Pvt. Ltd. may cancel franchisee/ stop supply/ forfeit deposit in case of any infilteration outside allotted area.
  • BANK ACCOUNT : You can deposit amount through Cheque/ Draft in our bank Account Mentioned and informed us so that we can despatch the goods immediately.
    • AXIS Bank Ltd. A/c No. 12810200014881
    • PUNJAB NATIONAL BANK A/c No. 1561002100012065
    • STATE BANK OF INDIA A/c No. 30384849077 at JABALPUR
    • BANK OF INDIA A/c No. 940027110000042 and inform us immediately.

  • BIILING : All billings will be made from corporate Office/ Warehouse at JABALPUR (M.P.). The billing will be done on net rates + 2% CST extra against 'C' Form or 4% CST without 'C' Form.
  • BREAKAGE/ EXPIRY : Since the goods shall be supplied on Nett Rates Basis, hence no Breakage/ Expiry will be replaced under under any circumstances. Company will not be responsible for any Breakage / Expiry. No unsold / slow moving or expired goods will be taken back.
  • BUSINESS VOLUME : Company requires minimum business of Rs. 25,000/- to 50,000/- per district per month as per the capacity of the district at our billing amount and thereafter to achieve a rise at 20% in sales every year. The billing will be done on Nett. Rates mentioned in price list only.
  • CASH DISCOUNT : Company will provide 3% Cash Discount against advance Draft with the order 2% Cash Discount on (DOD) Draft on Delivery of goods.
  • 'C' FORM : Required One advance 'C' Form for each Quarter.
  • CHANGES IN PRICES / MRP : BMW PHARMACO INDIA PVT. LTD. reserves all rights to change MPR / NETT RATES etc. without any prior notice.
  • DOCUMENTS REQUIRED : Following documents required to begin the association with franchisee.
    • Copy of Drug License No.
    • Copy of Sales Tax No. / TIN No. / VAT No. (whichever is applicable).
    • Security Deposit as per territory coverage per district Rs 5000/-.
    • One blank at Par cheque in favour of BMW PHARMACO INDIA PVT. LTD.
    • Business associates / Franchisee from duly filled up format enclosed with the agreement form.
    • One Blank 'C' Form with the first order.
    • Order accompanied with Advance Draft.

  • EXCISE & TAXATION : All Nett Rate in price list are inclusive of excise and exclusive of taxes. Local Sales Tax / @2% CST against form 'C' will be charged extra, or 4% CST without 'C' form. Any changes in tax slab any government will effect accordingly.
  • FREIGHT : Our rates are Ex Jabalpur (100% freight will be charged). All dispatches shall be made on TO PAY Basis. Company will supply the goods through Cargo / Transporter as required by the party. Franchisee must mention the transporter of their choice along with the purchase order only.
  • JURISDICTION : Subject to JABALPUR Jurisdiction only.
  • MARKETING SECURITY : Company is not going to operate Ethically / Direct marketing in future. You will be full secure that company will not do own ethical / Direct Marketing in your area.
  • NOC / LOC EXPENSES : NOC / LOC expenses should be done totally be franchisee and BMW Pharmaco India Pvt. Ltd. will not share any expenses for local NOC or Donation to association.
  • PAYMENT : Payment should be given in advance in favour of BMW PHARMACO (I) PVT. LTD. payable at JABALPUR only, or as a special case Company can supply the goods against delivery only. (Draft on Delivery) or goods can be dispatched directly at par payable Cheques.
  • PROMOTIONAL MATERIAL : Promotional Material samples and gifts will be at actual cost, subject to availability. The Company shall provide the following promotional material from time to time.
    • Visual Aid one copy (set of 2 peices) and one working bag free with first order of minimum Rs. 25,000/- (Rupees Twenty Five Thousand). Additional visual aid will cost Rs. 1200/- per set of 2 peices.
    • Managers Executive leather bag of very good quality (with company logo) is also available at extra cost of Rs. 1500/- per bag.
    • Sale Promotion compliments / gifts will be charged as per the actual cost.
    • Visiting Cards / Order Book / sample catch cover shall be provided in nominal quantity free of cost.
    • Other stationery items like daily report pad, expense statement pad, stock and sales statement pad, tour program pad etc. May be developed and provided on actual cost basis.

  • RIGHT TO MODIFY TERMS : Company reserves right to modify / change terms and condition to franchisee.
  • SCHEMES / FREE GOODS : Company will provide special schemes or free goods from time to time subject to sole discretion of the company on nett rates only.
  • SECURITY DEPOSIT : Franchisee will pay Rs. 5,000/- as security deposit per district to BMW Pharmaco India Pvt. Ltd. No interest will be paid on such deposit.
  • SUPPLY OF GOODS : Supplies will be made within 24 hours of working days of placing the order subject to availability of goods. Orders should be placed in written by courier / post / fax/ email etc. Goods will be supplied in minimum quantities as specified in price list. Road Permit / Way bill should be send along with the order. To avoid wrong execution of the orders, no telephone orders will be executed. Orders may be kept pending due to non Receipt of Payment / non Receipt of Road Permit / non Receipt of 'C' Forms.