1. Introduction

This pricing policy outlines the procedures and charges applicable for the purchase, sale, resale, and gifting of red sandalwood trees through our platform. The policy includes details on platform charges and applicable Goods and Services Tax (GST).

2. Definitions

  • Tree-Only Rights Transfer: The transfer of rights to the tree without transfer of land ownership.

  • Platform Charges: Fees charged by the platform for facilitating transactions.

  • GST: Goods and Services Tax applicable on platform charges.

3. Purchase of Red Sandalwood Trees

  • Procedure:

    • Buyers can browse available red sandalwood trees listed on the platform.

    • Once a tree is selected, the buyer proceeds with payment through the platform.

  • Charges:

    • No platform charges apply on initial purchase transactions.

    • GST is included in the purchase price as applicable.

4. Sale of Red Sandalwood Trees

  • Procedure:

    • Sellers list their red sandalwood trees on the platform.

    • Details including age, height, and health of the tree must be provided.

  • Charges:

    • A 10% platform charge on the sale price.

    • GST (18%) on the platform charges.

5. Resale of Red Sandalwood Trees

  • Procedure:

    • Owners of red sandalwood trees can resell their trees through the platform.

    • The process involves listing the tree and providing relevant details.

  • Charges:

    • A 10% platform charge on the resale price.

    • GST (18%) on the platform charges.

6. Gifting of Red Sandalwood Trees

  • Procedure:

    • Tree owners can gift their red sandalwood trees by transferring tree-only rights.

    • The platform facilitates the transfer process.

  • Charges:

    • A 10% platform charge based on the tree's market value at the time of gifting.

    • GST (18%) on the platform charges.

7. Calculation of Charges

  • Example Calculation:

    • Sale Price: ₹100,000

    • Platform Charge (10%): ₹10,000

    • GST on Platform Charge (18%): ₹1,800

    • Total Platform Fee: ₹11,800

8. Payment and Refund Policy

  • Payment: All transactions must be completed through the platform’s secure payment gateway.

  • Refunds: Refunds are subject to platform terms and conditions. Platform charges are non-refundable.

9. Compliance and Legal Requirements

  • All transactions must comply with local, state, and national regulations concerning red sandalwood.

  • Parties involved in transactions must ensure they have the legal right to buy, sell, resell, or gift the red sandalwood trees.

10. Amendments

The platform reserves the right to amend this pricing policy at any time. Users will be notified of significant changes via email and platform notifications.

11. Contact Information

For any queries or support, users can contact the platform’s customer service.

 

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