Terms & Conditions

Suppliers posting inventory on the BSB platform must follow the below guidelines:

• Each listing must clearly specify grade, quantity, and location of material.
• Minimum Order Quantity (MOQ) must be mentioned in every offer.
• Suppliers must ensure regular price updates as per market movement.
• Each offer must specify price validity period.
• Posting irrelevant, misleading, or unrealistic prices is strictly prohibited.
• Suppliers must ensure actual inventory availability before posting offers.
• Duplicate or spam listings may be removed by the BSB admin panel.
• Suppliers must respond to buyer enquiries within a reasonable response time.

To maintain transparency and deal protection:

• All confirmed deals will be supported by system-generated Purchase Order (PO) or Sales Order (SO).
• These documents will act as the official reference for the transaction.
• Buyers participating through the platform may receive buyer loyalty incentives for confirmed trades.
• Suppliers and buyers are encouraged to complete transactions through the BSB system for proper tracking and protection.

• Once a deal is confirmed through the platform, both parties are expected to honor the commitment.
• Backing out of a confirmed deal without valid reason may lead to restricted platform access or suspension.

• For trades facilitated through the BSB system, logistics services from BSB-approved transport vendors may be required to ensure operational efficiency and proper tracking of shipments.

• Credit provided through BSB’s NBFC partners is intended strictly for purchasing material through the BSB ecosystem.
• Such credit facilities should not be diverted for off-platform transactions.

• BSB will not take responsibility for any deals conducted outside the platform without system-generated documentation, platform involvement or without use of BSB empaneled logistic service.

• In case of trade disputes, system-generated SO/PO and call recordings (where applicable) may be used as reference documents for resolving issues.

• If a supplier provides book credit directly to a buyer, it will be entirely at the supplier’s own risk.
• BSB recommends using verified NBFC partners for structured credit transactions.

• To reduce disputes and financial risks, participants are encouraged to conduct trades on clear and mutually agreed payment terms, preferably cash or structured financing through approved partners.

• Suppliers and buyers must maintain fair trading practices and ensure the information shared on the platform is accurate and genuine.
• BSB reserves the right to monitor activity, remove listings, or restrict access if platform policies are violated.