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WHOLESALE

Effective Date: January 11, 2025

Brassitem.com, an online multivendor marketplace operated by LockersAdda, is committed to conducting its business in full compliance with all applicable laws, regulations, and industry standards in India. This Compliance Policy explains the legal and regulatory framework for users, including sellers and buyers, on the platform.

1. Legal & Regulatory Framework

Brassitem.com ensures compliance with the following laws and regulations:

Information Technology Act, 2000

And related amendments governing digital transactions and e-commerce.

Consumer Protection Rules, 2020

E-commerce regulations protecting consumer rights and interests.

GST Laws

Goods and Services Tax regulations for all commercial transactions.

Intellectual Property Laws

Copyright, Trademark, Patent, and Design laws protection.

2. Seller Compliance

All sellers on Brassitem.com must:

  • Be legally registered and provide valid business documentation (GST, PAN, KYC)
  • List only lawful, authentic, and authorized products
  • Comply with pricing, labeling, and packaging regulations
  • Provide valid tax invoices for all transactions
  • Avoid selling prohibited or restricted items under Indian law
  • Cooperate with audits, investigations, or inquiries conducted by Brassitem.com or regulatory authorities
Failure to comply may result in:
  • Removal of listings
  • Suspension or termination of seller accounts
  • Withholding of payouts
  • Reporting to legal/regulatory authorities

3. Buyer Compliance

Buyer Responsibilities

Buyers are expected to:

  • Use the platform for lawful purchases only
  • Provide accurate personal, billing, and shipping information
  • Respect intellectual property rights and not upload or share infringing content
  • Follow the Buyer Policy and dispute resolution procedures

4. Tax Compliance

GST Compliance

Brassitem.com ensures all transactions comply with GST and other applicable taxes.

Seller Responsibilities

Sellers must collect and remit GST on sales as required under Indian law.

Invoice Requests

Buyers can request valid GST-compliant invoices for business purposes.

5. Data Protection & Privacy

  • Brassitem.com adheres to applicable data protection laws in India
  • User data is collected, processed, and stored as per our Privacy Policy and Security Policy
  • We implement technical and organizational measures to protect sensitive information

6. Anti-Fraud & Anti-Money Laundering

Fraud Prevention Measures
  • Brassitem.com actively monitors for fraudulent activity, money laundering, or misuse of the platform
  • Suspicious accounts, transactions, or listings may be blocked or investigated
  • Users found violating anti-fraud rules may face account suspension, payout withholding, or legal action

7. Intellectual Property Compliance

Seller Responsibilities

Sellers must comply with copyright, trademark, patent, and design laws.

User Responsibilities

Buyers and sellers are required to respect the intellectual property of third parties.

Infringement Complaints

Infringement complaints will be addressed as per our Intellectual Property Policy.

8. Reporting Non-Compliance

9. Cooperation with Authorities

Regulatory Cooperation

Brassitem.com cooperates fully with regulatory, tax, law enforcement, and consumer protection authorities. Requests for information, investigations, or audits will be handled in accordance with Indian law.

10. Updates to Compliance Policy

  • Brassitem.com may update this policy to reflect changes in laws or regulations
  • Updates will be posted on this page with the "Last Updated" date
  • Continued use of the platform constitutes acceptance of the revised policy

11. Contact Information

For compliance-related queries or reporting, contact:

LockersAdda (for Brassitem.com)

Email: lockersadda@gmail.com

Phone: +91-7017302667

Website: www.brassitem.com