Overview
At SHUBINDIA AD WORKS, we aim to provide transparent and flexible payment options for all our advertising services. This document outlines our payment terms, accepted methods, billing procedures, and related policies.
These payment terms apply to all services provided by SHUBINDIA AD WORKS, including outdoor advertising, transit advertising, digital marketing, and design services. By engaging our services, you agree to comply with the payment terms outlined below.
Accepted Payment Methods
We accept a variety of payment methods to ensure convenience for all our clients:
Supported Payment Options
- Bank Transfer (NEFT/RTGS/IMPS) - Preferred for business transactions
- UPI Payments - Google Pay, PhonePe, Paytm, BHIM
- Credit/Debit Cards - Visa, Mastercard, RuPay
- Cheque - Subject to clearance (5-7 business days)
- Demand Draft - Payable to "SHUBINDIA AD WORKS"
Bank Account Details
For bank transfers, please use the following account details:
Contact our accounts team at info@shubindia.com for complete bank details.
Payment Schedule
Payment schedules vary based on the type and scale of the advertising campaign. Below are our standard payment structures:
| Campaign Type | Payment Structure |
|---|---|
| Small Campaigns (Under ₹1 Lakh) | 100% Advance Payment |
| Medium Campaigns (₹1-5 Lakhs) | 50% Advance + 50% Before Campaign Start |
| Large Campaigns (₹5-25 Lakhs) | 40% Advance + 40% Mid-Campaign + 20% Completion |
| Enterprise Campaigns (Above ₹25 Lakhs) | Custom milestone-based payments |
| Design Services Only | 50% Advance + 50% Before Delivery |
Note on Custom Arrangements
Credit Terms
Credit facilities may be extended to established clients with a proven payment track record. Credit terms are subject to approval and periodic review.
Eligibility for Credit
- Minimum 6 months of business relationship with timely payments
- Successful completion of at least 3 campaigns
- Valid GST registration and business documentation
- Signed credit agreement and credit limit authorization
Standard Credit Terms
Credit Payment Due Date
- Net 15 Days: Payment due within 15 days of invoice date
- Net 30 Days: Extended terms for select agency partners
- Credit limits are reviewed quarterly
- Terms may be modified based on payment history
Credit facilities may be suspended or revoked in case of delayed payments, bounced cheques, or violation of the credit agreement terms.
Invoicing & Billing
All invoices are generated in accordance with GST regulations and contain complete details required for tax compliance.
Invoice Details Include:
- Invoice number and date
- GSTIN of SHUBINDIA AD WORKS and client
- Detailed description of services
- HSN/SAC codes for services
- Base amount, GST breakdown (CGST + SGST or IGST)
- Total payable amount
- Payment due date and terms
Invoice Delivery
Invoices are delivered via:
- Email (Primary) - Sent to registered email address
- Physical copy - Available upon request
- E-Invoice (for B2B transactions above threshold)
Invoice Queries
Late Payments
Timely payment is essential to maintain uninterrupted services and favorable business terms. The following consequences apply to late payments:
Late Payment Consequences
- Interest Charges: 2% per month (24% p.a.) on overdue amounts
- Service Suspension: Services may be paused after 15 days overdue
- Credit Impact: Future credit facilities may be affected
- Campaign Hold: Ongoing campaigns may be put on hold
- Legal Action: Persistent defaults may result in legal recovery proceedings
Grace Period
A grace period of 7 calendar days is provided from the due date before late payment charges are applied. Payment reminder notifications are sent at:
- 3 days before due date (Courtesy reminder)
- Due date (Payment due notification)
- 7 days after due date (Final reminder before charges)
- 15 days after due date (Service suspension warning)
Advance Payment
Advance payment is required for most services to ensure resource allocation and commitment from both parties.
Advance Payment Benefits
- Priority Booking: Secure prime advertising locations
- Rate Lock: Protect against price increases
- Faster Execution: No delays due to payment processing
- Loyalty Discounts: Early payment discounts on select campaigns
Advance Payment Security
All advance payments are secured and documented. In case of service cancellation, refunds are processed as per our Cancellation and Refund Policy.
GST & Taxation
SHUBINDIA AD WORKS is a registered GST taxpayer. All applicable taxes are charged as per prevailing GST rates.
GST Registration Details
Applicable GST Rates
| Service Type | GST Rate | SAC Code |
|---|---|---|
| Advertising Services | 18% | 998361 |
| Design Services | 18% | 998391 |
| Printing (if applicable) | 12% | 998912 |
Tax Deducted at Source (TDS)
If you are required to deduct TDS under Section 194C or 194J of the Income Tax Act, please ensure proper TDS certificates (Form 16A) are provided within the stipulated time.
Payment Disputes
We strive to resolve all payment-related disputes amicably and promptly. If you have concerns about any invoice or payment:
Dispute Resolution Process
- Raise Dispute: Notify us in writing within 7 days of invoice receipt
- Documentation: Provide supporting documents for your dispute claim
- Review: Our accounts team will review within 5 business days
- Resolution: We will provide a written resolution or credit note if applicable
- Escalation: Unresolved disputes can be escalated to management
Dispute Limitations
Contact Us
For payment inquiries, invoice requests, or billing support, please contact our accounts team: