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A Sales Contract is a legally binding agreement between a buyer and seller that details the terms of a product or service sale. In India, these contracts are governed by the Sale of Goods Act, 1930, and lay out essential elements like price, delivery terms, and product specifications.

This document protects both parties by clearly stating their rights and obligations. It covers key aspects like payment schedules, quality standards, and warranty terms. For business transactions above ₹100, Indian law requires these agreements to be in writing to be enforceable in court, making them crucial for both small businesses and large corporations.

Use a Sales Contract any time you're selling goods or services worth more than ₹100 in India, particularly for business-to-business transactions. This agreement becomes essential when dealing with high-value items, custom-made products, or complex delivery arrangements where verbal agreements aren't enough.

It's especially important to create a Sales Contract when payment happens in installments, when products need specific quality standards, or when delivery involves multiple shipments. Manufacturing businesses, wholesale traders, and service providers rely on these contracts to prevent disputes about specifications, payment terms, and delivery schedules.

• Car Sale Contract: Specialized for vehicle transactions, including registration details, maintenance history, and emissions compliance
• Sales Agreement: General-purpose contract for goods and services, adaptable across industries with flexible payment terms
• Land Sale Agreement: Focuses on land transactions with specific clauses for property boundaries and usage rights
• Agreement For Sale And Sale Deed: Two-part document combining initial sale terms with final property transfer
• Property Sale Contract: Covers built property sales with provisions for fixtures, utilities, and occupancy terms

• Business Owners: Draft and use Sales Contracts regularly for selling products or services, especially in manufacturing and wholesale trades
• Legal Professionals: Review and customize contracts to ensure compliance with Indian contract law and protect client interests
• Corporate Buyers: Review terms, negotiate conditions, and sign as purchasing parties in B2B transactions
• Real Estate Developers: Use specialized versions for property transactions, including both commercial and residential sales
• Small Traders: Rely on basic Sales Contracts for documented transactions above ₹100, ensuring legal protection
• Financial Officers: Review payment terms and ensure alignment with company policies and accounting requirements

• Party Details: Gather complete legal names, addresses, and registration numbers of all involved parties
• Product Specifics: Document exact quantities, specifications, quality standards, and any technical requirements
• Payment Terms: Define price, payment schedule, applicable taxes, and accepted payment methods
• Delivery Details: Specify delivery timeline, location, shipping terms, and responsibility for transport costs
• Legal Requirements: Ensure compliance with Sale of Goods Act by using our platform's India-specific templates
• Special Conditions: List any warranties, after-sales service terms, or performance guarantees
• Verification: Confirm all parties have necessary authority to sign and execute the contract

• Offer and Acceptance: Clear description of goods/services and explicit agreement terms per Indian Contract Act
• Party Information: Full legal names, addresses, and registration details of buyer and seller
• Consideration: Detailed price structure, payment terms, and currency specifications
• Delivery Terms: Timeline, location, and conditions for transfer of ownership
• Product Details: Precise specifications, quantity, quality standards as per Sale of Goods Act
• Warranties: Explicit guarantees, conditions, and quality assurances
• Dispute Resolution: Jurisdiction, governing law, and arbitration procedures under Indian law
• Termination Clause: Conditions for contract cancellation and consequences

A Sales Contract differs significantly from a Contract to Sell, though they're often confused in Indian business transactions. While both involve the transfer of goods or property, their timing and legal implications vary considerably.

• Transfer of Ownership: Sales Contracts transfer ownership immediately upon execution, while Contract to Sell creates a future obligation to transfer ownership once certain conditions are met
• Payment Structure: Sales Contracts typically involve immediate or short-term payment terms, whereas Contract to Sell often includes installment payments or conditional payment arrangements
• Risk Transfer: In Sales Contracts, risk passes to the buyer immediately, but in Contract to Sell, the seller retains risk until final transfer
• Legal Remedies: Sales Contract breaches allow direct action for recovery, while Contract to Sell breaches typically result in damages rather than specific performance