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SALES & CUSTOMER CONTRACTS

Master Services Agreement (MSA)

Use when you will provide services to a client over months or years across several projects. Sign the MSA once, then agree each project in a short Statement of Work (SOW) that sits under it.

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Section 15 of the MSMED Act caps the agreed period at 45 days when the supplier is a micro or small enterprise. Higher values are capped at 45 in the document.
Lets the document invoke your MSMED Act payment protections.

Laws this relies on

  • Indian Contract Act, 1872Governs formation, performance and breach of the agreement.
  • MSMED Act, 2006 · Sections 15–16Payment to a micro/small supplier within the agreed period (max 45 days from acceptance); compound interest at 3 × Bank Rate if late.
  • Arbitration and Conciliation Act, 1996 · Section 7A written arbitration clause is a binding arbitration agreement.
  • CGST Act, 2017GST is charged in addition to the fees on a valid tax invoice.

How to execute

Print on non-judicial stamp paper of the value your state requires (or e-stamp), then sign with witnesses.

Print on non-judicial stamp paper or an e-stamp certificate of the value prescribed by the Stamp Act of the state where it is signed — stamp duty varies by state. Both parties should initial every page and sign before two witnesses.

Click anywhere in the letter to edit it. Changes to the form keep flowing in.

This is a general template, not legal advice. Laws, stamp duty and procedures vary by state and change over time — have a qualified advocate review it for your facts before signing or sending.