Vensaas Partner Portal

These Terms and Conditions ("Terms") govern your use of the Vensaas Partner Portal (the "Platform") and your participation in the Vensaas Partner Network operated by VENSAAS Consultancy Services ("Company", "we", "us", or "our"), subject to the Information Technology Act, 2000 (India) and the rules framed thereunder.

1. No Employment Relationship

BY REGISTERING AS A PARTNER, YOU EXPLICITLY AGREE AND ACKNOWLEDGE THAT:

You are engaging with VENSAAS Consultancy Services strictly as an Independent Contractor.
There is absolutely NO employer-employee relationship, partnership, or joint venture created by these Terms.
You are NOT entitled to any fixed salary, minimum wage, health insurance, provident fund (PF), gratuity, employee state insurance (ESI), or any other benefits statutorily granted to employees under Indian Labour Laws.

2. Commission, Taxation, and GST Liability

Your compensation is strictly performance-based. You will be paid a commission only upon the successful onboarding of merchants and completion of product sales. The Company reserves the right to modify commission structures at any time with prior notice.

Tax Deducted at Source (TDS): In compliance with Section 194H / 194J of the Income Tax Act, 1961, all commission payouts are subject to TDS. You must provide a valid Permanent Account Number (PAN). If a valid PAN is not provided, TDS will be deducted at the penal rate of 20% in accordance with Section 206AA.
Goods and Services Tax (GST): As an Independent Contractor, you are solely responsible for determining your GST registration liabilities. If your commission income exceeds the statutory threshold (₹20 Lakhs or as applicable), the burden of GST registration and the issuance of compliant GST tax invoices to VENSAAS Consultancy Services falls entirely upon you. We will not bear any liability for your failure to comply with GST regulations.
Invoice Generation: Payouts are released automatically against system-generated commission invoices on your behalf.

3. Code of Conduct and Representations

As an Independent Partner, you represent the Vensaas brand in the field. You agree to:

Provide accurate information during the application process, including valid Aadhaar/PAN details in compliance with KYC norms.
Not misrepresent the products, pricing, or terms to any prospective client.
Not collect cash payments on behalf of the Company unless explicitly authorized in writing.
Maintain the confidentiality of all business data, lead information, and proprietary software provided to you.

4. Liability and Indemnification

To the maximum extent permitted by applicable Indian law, VENSAAS Consultancy Services shall not be liable for any indirect, incidental, special, consequential, or punitive damages, or any loss of profits or revenues, whether incurred directly or indirectly, or any loss of data, use, goodwill, or other intangible losses. You agree to indemnify and hold harmless the Company from any claims resulting from your breach of these Terms or your interactions with third parties.

5. Termination

The Company reserves the right to suspend or terminate your Partner account at any time, for any reason, including but not limited to fraudulent activity, misrepresentation, or failure to meet quality standards, without any prior notice or liability.

6. Governing Law and Jurisdiction

These Terms shall be governed by and construed in accordance with the laws of India. Any disputes arising out of or in connection with these Terms shall be subject to the exclusive jurisdiction of the courts located in Hyderabad, Telangana.