BILLING POLICY – FUNTREK GLOBAL

Last Updated: 17 November 2025
This Billing Policy explains how quotations, GST invoices, and billing procedures are handled at Funtrek Global for all amusement equipment and commercial products.

1. Quotation vs. Tax Invoice

Quotation (Proforma / Estimate)

A quotation is provided before the order is confirmed. It includes:

  • Estimated pricing

    1. Quotation vs. Tax Invoice

    Quotation (Proforma / Estimate)

    A quotation is provided before the order is confirmed. It includes:

    • Estimated pricing

    • Product details

    • Lead time

    • Optional GST (GST may or may not be shown)

    A quotation is NOT an official invoice and cannot be used for tax purposes.

    Tax Invoice (GST Invoice)

    A GST invoice is the official legal document issued only after full delivery and installation.
    It includes:

    • GST breakdown

    • Final price

    • Product description

    • Invoice number & timestamp

  • Product details

  • Lead time

  • Optional GST (GST may or may not be shown)

2. When GST Invoice Is Issued

A GST Invoice will be issued only when:

  1. The goods have arrived in India

  2. The products are delivered to the customer’s location

  3. Installation is fully completed

  4. The final 5% balance payment is cleared

GST invoices are not provided during the quotation or advance payment stages.

3. Advance Payments & Billing Structure

Our payment model:

✓ 65% Advance (Order Confirmation)

Recorded as Advance Payment against Order.

✓ 35% Payment (Before Shipment Leaves China)

Recorded as Pre-Dispatch Balance.

✓ 5% Payment (After Installation Completion)

Recorded as Final Clearance Payment and must be paid before the GST invoice is released.

None of these advance payments act as a GST invoice.

4. Partial Delivery Billing

If products are delivered in multiple phases:

  • A separate GST invoice will be issued for each delivered batch

  • Remaining invoice(s) will be provided after full delivery and installation

5. Imported Products (China → India Shipments)

For imported amusement equipment:

  • 65% + 35% payments are considered advance transaction amounts

  • GST is applied only after the goods enter India and are delivered

  • Customs and duty documents may be shared when applicable

  • Final GST invoice is issued after installation and final payment

6. Custom or Special Orders

For specially manufactured or customized orders:

  • Billing follows the advance → pre-dispatch → final payment structure

  • GST invoice is issued only after the complete order is delivered and installed

  • Custom orders cannot be cancelled once production has begun

7. Corrections or Modifications

If there is an error in billing:

  • The customer must notify us within 48 hours

  • A corrected invoice will be issued

  • The previous invoice (if issued) becomes invalid

8. Customer Responsibility

Customers are responsible for providing:

  • Correct billing name/company name

  • Correct GST number (if GST credit is required)

  • Accurate delivery address

  • Accurate contact details

Incorrect details may delay the invoice issuance.

9. For Billing Support

If you need help related to bills, GST, or payment:

Funtrek Global
📞 +91 92422 50889
📧 funtrekglobal@gmail.com
🌐 www.funtrekglobal.com

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