Purchase Order Economist in India Mumbai –Free Word Template Download with AI

This Purchase Order is issued by Meridian Corporate Media Solutions Pvt. Ltd., Mumbai, India, for the procurement of The Economist weekly publication and associated digital access packages. The Economist is a globally recognized British weekly news and current affairs magazine that provides in-depth analysis of international politics, business, finance, science, and culture. The subscription and bulk purchase outlined herein are intended for the exclusive use of the Mumbai, India office and its affiliated research teams.

• Delivery Location: Meridian Corporate Media Solutions Pvt. Ltd., 42, Nariman Point, Cuffe Parade, Mumbai – 400021, Maharashtra, India. All physical copies of The Economist shall be delivered to the Mumbai, India premises at the address stated above.
• Delivery Schedule: Print subscriptions shall be dispatched weekly from the United Kingdom and delivered to Mumbai, India within 7–10 business days of each issue's publication date. The first delivery is expected no later than 25th June 2025.
• Incoterms: DDP (Delivered Duty Paid) – Mumbai, India. The supplier shall bear all costs and risks associated with international shipping, customs clearance in India, and final delivery to the Mumbai office.
• Customs Compliance: The supplier shall provide all necessary documentation including commercial invoice, packing list, certificate of origin, and any permits required for the import of publications into India under the Foreign Trade Policy.
• Quality Assurance: All copies of The Economist delivered to Mumbai, India shall be in pristine condition. Any damaged, waterlogged, or incomplete issues shall be replaced within 5 business days at the supplier's expense.

• Payment Method: Wire transfer (NEFT/RTGS) to the supplier's designated bank account in London, or via international SWIFT transfer. All payments shall be made in Indian Rupees (INR) at the prevailing exchange rate on the date of invoice.
• Payment Schedule: 50% advance payment upon acceptance of this Purchase Order; 50% balance payment within 30 days of successful delivery and acceptance of the first quarterly shipment at the Mumbai, India office.
• Bank Details (Supplier): The Economist Group, Barclays Bank, Sort Code: 20-15-30, Account No: 55882201, SWIFT: BARCGB22. Reference: PO No MM/PO/2025/ECON/0047.
• Taxation: Applicable Indian GST (18%) and customs duties shall be as itemized in Section 3. The buyer shall be responsible for any additional state-level levies applicable in Maharashtra, India.
• Invoice Reference: All invoices must reference this Purchase Order number (MM/PO/2025/ECON/0047) and the Mumbai, India delivery address.

• This Purchase Order is governed by the laws of the Republic of India. Any disputes arising from this Purchase Order shall be subject to the exclusive jurisdiction of the competent courts in Mumbai, Maharashtra, India.
• The subscription to The Economist and all associated digital licenses are non-transferable and are intended solely for the internal use of the Mumbai, India office of Meridian Corporate Media Solutions Pvt. Ltd.
• The supplier warrants that all copies of The Economist and digital content provided are genuine, unaltered, and free from any intellectual property encumbrances.
• Either party may terminate this Purchase Order with 30 days' written notice. In the event of termination, the buyer shall be entitled to a pro-rata refund for undelivered issues of The Economist.
• This Purchase Order constitutes the entire agreement between the parties regarding the procurement of The Economist publications and related services for the Mumbai, India office and supersedes all prior negotiations, representations, or agreements.
• Any amendments to this Purchase Order must be made in writing and signed by authorized representatives of both parties.

By signing below, both parties acknowledge and agree to the terms, conditions, and specifications outlined in this Purchase Order for the procurement of The Economist publications and digital services for use in Mumbai, India.