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SALES & CUSTOMER CONTRACTS

Supply Agreement for Goods

Use when you manufacture or trade goods and supply a customer repeatedly over a period. Individual quantities and delivery dates come through purchase orders; this agreement fixes the rules for quality, delivery, risk, rejection and payment.

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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

  • Sale of Goods Act, 1930 · Section 16Implied conditions as to quality and fitness for purpose; may be varied by express agreement (Section 62).
  • Sale of Goods Act, 1930 · Sections 19 and 26Property passes when the parties intend; risk prima facie passes with property unless agreed otherwise.
  • MSMED Act, 2006 · Sections 2(b), 15 and 16No written objection within 15 days of delivery = deemed acceptance; payment within max 45 days; interest if late.
  • CGST Act, 2017Tax invoice for every supply; e-way bill under the CGST Rules for movement of goods above the threshold.

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.