Capitalized terms used but not defined herein shall have the meaning given to them under the User Agreement.
A User who wishes to sell items on the Website shall register with the Karfa Facility by providing the requisite information/ data on the Karfa Seller Registration page including details of the seller’s Valid Bank Account (Karfa Seller Registration). The sellers shall provide true, correct and duly authorized data/ information and shall not be misleading, fraudulent, false, unauthorized and otherwise illegal. The Company has the right to suspend/ terminate the Karfa Seller Registration and the use of the Website by the seller if the Company discovers or it is brought to the Company's notice that the aforesaid data is misleading or does not comply with the User Agreement and the rules and policies made thereunder and in such case the seller shall also be liable for all the liabilities, risks, damages and consequences that may arise.
Invoicing, Shipping & Product Liabilities:
Please note that we are a marketplace platform and provide marketplace services to you, so we are charging 12.5% tax on each product and then charging 2.7% payment gateway tax on the new amount, both to the customer. We help Buyers and Sellers connect whereby as Sellers you are selling to customers via our platform and we are charging a commission for services associated with it. Also, any taxation related to the sale of your products like VAT, CST, etc. is your responsibility. Also, liabilities arising from the use, consumption and/or interaction with your products is solely yours and karfa.online will not be responsible for any loss or damage due to your products.
Hold, Suspension and Termination of Karfa Seller Registration:
In case of any breach or violation or suspected breach or violation of any of the provisions of this policy or the User Agreement, the Company may suspend and/or terminate the Karfa Seller Registration or may put the remittances on hold with respect to such Seller. The Company may reinstate or activate seller’s Karfa Seller Registration or remit the Transaction Price to seller subject to the Seller providing such information, data, documents and undergoing such verification as may be desired by the Company and as provided in the User Agreement or the rules and policies made thereunder. Seller’s Karfa Seller Registration is subject to the seller remaining an active User of the Website.
Upon identifying or being notified by any person or by law enforcement agency that Seller has violated any law in the performance of the Transaction, the Company may immediately suspend seller’s Karfa Seller Registration, notify law enforcement or any other authority including banks for appropriate action or act in any other way to cooperate with authorities or protect its interests.