Invoicing Policy

This Invoicing Policy (the Policy) is issued by Bharat Atom Renewable Resources Energy Limited (BARREL), a public limited company incorporated in India with CIN U35100PN2024PLC230800, GSTIN 27AASCM0958L1ZQ and registered office at RH 11, Mayfair Eleganza - II, NIBM Road, Kondhwa Kh., Pune 411048, Maharashtra, India. It applies from 10 November 2026.

It applies to every supply of goods or services that is ordered, quoted, contracted or paid for through BARREL’s websites and platforms, including BARREL Shop (shop.barrel.energy), BARREL OS (os.barrel.energy), the Power Trading Exchange and Power Asset Exchange, and BARREL’s own EPC, turnkey, engineering, consultancy, O&M and AMC, QA/QC and equipment rental services.

This Policy explains invoicing and tax documents only. Ordering, delivery and acceptance are covered by the E-Commerce Policy; returns and cancellations by the Refund and Cancellation Policy; payments held pending delivery by the Escrow Policy; and payment risk by the Payment and Liability Policy. The Terms of Use apply to all use of the platforms.

If a signed contract, purchase order or work order between the parties sets different invoicing terms, the signed document prevails for that transaction, but it cannot override the mandatory requirements of tax law described in this Policy.

Buyer

the person or business that orders goods or services through the platform, whether from a Seller or from BARREL.

Seller

a merchant, manufacturer, distributor, service provider or other business that lists or supplies goods or services through the platform, other than BARREL acting as principal.

Direct invoicing

the model in which the Seller issues the tax invoice directly to the Buyer, and BARREL acts only as an electronic commerce operator and facilitator (Model A).

Invoicing through BARREL

the model in which BARREL is the supplier to the Buyer, either because it buys from the Seller and resells as principal or because it contracts as EPC, turnkey or service contractor, and issues its own tax invoice to the Buyer (Model B).

Platform fees

BARREL’s own charges for the use of its platforms, such as commission, listing fees, subscription fees, transaction fees, data-room or verification fees and fees for value-added services.

GST law

the Central Goods and Services Tax Act 2017, the Integrated Goods and Services Tax Act 2017, the Union Territory and State Goods and Services Tax Acts and the Goods and Services Tax (Compensation to States) Act 2017, each as amended, and the rules, notifications and circulars made under them, including the Central Goods and Services Tax Rules 2017 (the CGST Rules).

Tax invoice

an invoice that meets section 31 of the CGST Act and rule 46 of the CGST Rules and on which the recipient may claim input tax credit, subject to the GST law.

IRN

the Invoice Reference Number generated by the government’s Invoice Registration Portal (IRP) when an e-invoice is reported, together with its signed QR code.

TCS

tax collected at source by an electronic commerce operator under section 52 of the CGST Act.

TDS

tax deducted at source under the applicable provisions of the income-tax law, including those that apply to electronic commerce operators and to payments for contracts and professional services.

Order

an accepted order, purchase order, work order, booking or contract placed or recorded through the platform.

Words such as including do not limit the words before them. References to a law include that law as amended or re-enacted and the rules made under it.

Every transaction on the platform follows one of two models. The model decides who your supplier is in law, who issues the tax invoice, whose GSTIN appears on it, against whom you claim input tax credit and to whom you raise warranty and quality claims.

Under Direct invoicing the Seller must, in its own name and under its own GSTIN:

• issue a tax invoice that complies with the GST law to the Buyer within the time set by section 31 of the CGST Act (for goods, at or before removal or delivery; for services, normally within 30 days of supply) and upload it to the Order on the portal;
• generate the IRN and QR code where e-invoicing applies to the Seller, and the e-way bill where one is required;
• report the invoice correctly in its GST returns so that it appears in the Buyer’s GSTR-2B;
• show the platform order number on the invoice so that it can be matched;
• issue credit and debit notes, receipt vouchers and refund vouchers as the GST law requires;
• keep its GST registration active and its details on the platform up to date.

BARREL acts as an electronic commerce operator within the meaning of the GST law. Where section 52 of the CGST Act applies, BARREL will collect TCS at the rate notified by the government (at the date of this Policy, 0.5% of the net value of taxable supplies, split between CGST and SGST, or as IGST) on supplies made by Sellers through the platform where BARREL collects the consideration, and will report it in its returns (GSTR-8) so that the Seller can claim credit in its electronic cash ledger. Where the applicable provisions of the income-tax law require BARREL to deduct TDS on amounts paid or credited to a Seller, BARREL will deduct it and issue the certificate the law provides.

In the cases where section 9(5) of the CGST Act makes the electronic commerce operator liable to pay tax on specified services supplied through it, BARREL will invoice and pay tax as that section requires and will tell the Seller and Buyer before the Order is confirmed.

BARREL issues its own separate tax invoice for its Platform fees to the Seller, or to the Buyer where the fee is charged to the Buyer, under GSTIN 27AASCM0958L1ZQ, with GST at the applicable rate under the relevant SAC. Platform fees may be shown and deducted from the payout to the Seller only where the Seller has agreed to it, and the deduction is always backed by a BARREL invoice.

Under Invoicing through BARREL, BARREL contracts with the Buyer as supplier. This happens in two ways:

• Principal purchase and resale: BARREL buys goods or services from a Seller on its own account and sells them to the Buyer. The Seller invoices BARREL; BARREL invoices the Buyer.
• EPC, turnkey and services contracts: BARREL contracts to design, supply, install, commission, operate, maintain, inspect or rent, and invoices the Buyer under the contract, whether or not it uses subcontractors or vendors.

In this model BARREL issues its tax invoices under GSTIN 27AASCM0958L1ZQ, generates the IRN and e-way bills as required, reports its supplies in its returns and is the Buyer’s counterparty for warranty, defects and claims, to the extent set out in the contract. The Buyer’s relationship with the underlying vendor, if any, is through BARREL only, unless the contract provides for direct vendor warranties.

Sellers who supply to BARREL under this model must invoice BARREL in accordance with the GST law and BARREL’s purchase order, report the invoice in their returns on time and quote the purchase order number. BARREL may withhold payment of the tax component of a vendor invoice that does not appear in BARREL’s GSTR-2B until it does.

As a general rule:

• listings by independent Sellers on BARREL Shop and RFQs answered by independent Sellers use Direct invoicing;
• listings marked Sold by BARREL, bundles and kits assembled by BARREL, and RFQs that BARREL answers itself use Invoicing through BARREL;
• EPC, turnkey, engineering, consultancy, O&M, AMC, QA/QC and equipment rental services that BARREL delivers or rents out itself use Invoicing through BARREL; equipment listed for rent by an independent owner uses Direct invoicing, as described in the Equipment Rental Policy;
• on the Power Trading Exchange and Power Asset Exchange, BARREL invoices only its own fees; the parties to a power purchase, plant sale or land transaction contract and invoice each other directly. BARREL is not a licensed power exchange or trading licensee under the Electricity Act 2003 and does not buy or sell electricity on these exchanges unless and until it obtains such a licence;
• BARREL OS subscriptions and licences are invoiced by BARREL.

Before an Order is confirmed, the quotation, cart, checkout page and order confirmation show the model clearly, for example Invoice by: [Seller legal name], GSTIN [Seller GSTIN] or Invoice by: Bharat Atom Renewable Resources Energy Limited, GSTIN 27AASCM0958L1ZQ. The same information appears on the Order page afterwards. If the model is not shown or appears wrong, do not confirm the Order and contact contact@barrel.energy.

BARREL may change the model for future Orders, but never for a confirmed Order without the written agreement of the Buyer and Seller concerned. Where a change is agreed, the parties will cancel and reissue documents through proper credit notes.

Every tax invoice issued by BARREL, and every tax invoice a Seller uploads to the platform, must contain at least the particulars required by rule 46 of the CGST Rules, including:

• the supplier’s name, address and GSTIN;
• a consecutive serial number of not more than sixteen characters, unique for the financial year;
• the date of issue;
• the recipient’s name, address and GSTIN where the recipient is registered;
• for an unregistered recipient, the name, address and delivery address with the name and code of the State, where the law requires it (including where the value is ₹50,000 or more);
• the HSN code of goods or SAC of services, to the number of digits the law requires for the supplier’s turnover;
• a description of the goods or services, and the quantity and unit (for goods);
• the total value, and the taxable value after any discount or abatement;
• the rate and amount of tax, shown separately as CGST and SGST or UTGST, or IGST, and any cess;
• the place of supply, with the name of the State, for inter-State supplies;
• the delivery address where it differs from the place of supply;
• whether tax is payable on reverse charge;
• the signature or digital signature of the supplier or its authorised representative, or authentication by an electronic method allowed by the law;
• the IRN and QR code where e-invoicing applies.

BARREL also shows on its invoices the platform order or contract number, the purchase order reference given by the Buyer, the payment terms and due date, and the bank account for payment.

BARREL may refuse to upload, or may hide, a Seller invoice that clearly lacks mandatory particulars, and may ask the Seller to reissue it. BARREL does not audit Seller invoices and is not responsible for their correctness.

HSN and SAC. Sellers choose the HSN or SAC and the GST rate for their own products and services and are solely responsible for them. Energy equipment often falls under headings with different rates (for example, solar modules, inverters, batteries, cables, transformers and balance of system items, and composite systems). Where a Seller is unsure, it must take its own tax advice. BARREL classifies its own supplies in good faith on the basis of the law and advice available to it.

Place of supply. The place of supply is determined under the IGST Act 2017. For goods it is normally where the movement of goods ends for delivery to the recipient; for services connected with immovable property, such as installation at a site, it is normally where the property is located; for most other services to a registered recipient it is the recipient’s location. The Buyer must give its correct billing GSTIN and the correct delivery or site address before the Order is confirmed.

IGST, CGST and SGST. Where the supplier’s location and the place of supply are in the same State or Union territory, CGST and SGST (or UTGST) are charged; otherwise IGST is charged. Tax charged under the wrong head because of incorrect details given by the Buyer cannot simply be moved; it has to be corrected by credit note and fresh invoice, and the Buyer bears any cost or delay this causes.

Composite and mixed supplies. Where an EPC or turnkey contract combines goods and services, BARREL will treat it as a composite supply, works contract or mixed supply as the GST law and the contract structure require, and will show the basis on the quotation.

For certain supplies the GST law makes the recipient, not the supplier, liable to pay the tax (the reverse charge mechanism). Examples that may arise on the platform include services from an unregistered or foreign supplier (import of services), certain goods transport agency services and certain legal services.

Where reverse charge applies, the invoice must say Tax payable on reverse charge: Yes, and the recipient must pay the tax directly to the government and may claim input tax credit as the law allows. Where BARREL is the recipient of a supply from an unregistered person that attracts reverse charge, it will issue the self-invoice and payment voucher that the law requires.

Each party is responsible for working out whether reverse charge applies to supplies it receives. BARREL will flag reverse charge on its own invoices and quotations where it knows it applies.

E-invoicing. Where a supplier’s aggregate turnover exceeds the threshold notified by the government (at the date of this Policy, ₹5 crore in any preceding financial year from 2017-18 onwards), its B2B invoices, credit notes, debit notes and export invoices must be reported on the Invoice Registration Portal, and the IRN and QR code must appear on the document. A B2B invoice that requires an IRN and does not have one is not a valid tax invoice. Reporting must be done within any time limit the government sets for the supplier’s turnover. BARREL issues e-invoices when it is required to do so, and Sellers who are required to do so must do the same.

An IRN can be cancelled on the portal only within the short window the portal allows (at the date of this Policy, 24 hours) and cannot be amended. After that, corrections are made only through credit and debit notes and through amendments in the returns.

E-way bills. For the movement of goods with a consignment value above the limit set under rule 138 of the CGST Rules and the State rules (generally ₹50,000, with some State-specific rules for intra-State movement), an e-way bill must be generated before the movement begins. Under Direct invoicing, the Seller (or the transporter it appoints) generates it. Under Invoicing through BARREL, BARREL or its vendor or transporter generates it. The e-way bill number is shown on the Order. Goods moved without a valid e-way bill may be detained and penalised; the party responsible for generating it bears those consequences.

Large items such as transformers, BESS containers and cranes may need a vehicle change or multi-vehicle e-way bill; the responsible party must update the e-way bill (Part B) when the vehicle changes.

Proforma invoices and quotations are not tax invoices. A proforma invoice, quotation, estimate or payment request shows what will be invoiced and lets the Buyer arrange payment. It does not create a supply, does not carry an IRN and cannot be used to claim input tax credit. Every proforma issued through the platform is marked Proforma, not a tax invoice.

Receipt vouchers. When an advance is received for a supply, the supplier issues a receipt voucher under rule 50 of the CGST Rules. Under the GST law as it stands at the date of this Policy, GST is generally payable on advances for services at the time of receipt, but not on advances for goods (for most taxpayers). The receipt voucher shows the tax where tax is payable.

Adjustment and refund of advances. The advance is adjusted against the tax invoice when the supply is made. If the Order is cancelled and no supply is made, the supplier issues a refund voucher under rule 51 of the CGST Rules when it refunds the advance, and any tax paid on the advance is adjusted as the law allows. Refunds are governed by the Refund and Cancellation Policy.

Escrow deposits. Money paid into an escrow or nodal arrangement under the Escrow Policy is held for release on agreed conditions. Whether it is an advance for GST purposes depends on when the supplier becomes entitled to it; the supplier issues the receipt voucher or invoice when the law requires.

EPC, turnkey and engineering contracts are normally invoiced by milestones set out in the contract, for example: advance; supply of major equipment (modules, inverters, transformers, BESS) to site; installation and mechanical completion; commissioning and grid synchronisation; performance or capacity tests; and final acceptance. Services under O&M and AMC contracts are normally invoiced monthly or quarterly in advance or in arrears, as the contract states.

For continuous supplies of services, the tax invoice is issued on or before the due date of payment in the contract, or, where no date can be established, on receipt of payment or on completion of the event to which payment is linked, as section 31(5) of the CGST Act provides. Each milestone invoice states the milestone, the percentage of the contract value and the supporting evidence (such as delivery notes, measurement sheets, commissioning certificates or test reports).

Retention. Where the contract allows the Buyer to retain a percentage of each invoice as security for performance or defects, the invoice is still issued for the full value of the milestone and tax is charged on the full value. The retained amount is shown on the invoice or a statement and becomes payable on the conditions in the contract (for example, completion of the defects liability period or replacement by a bank guarantee). Retention does not reduce the tax that is due.

Certification. Where a milestone needs the Buyer’s certification, the Buyer must certify or give reasons for refusing within the period in the contract (or 15 days if none is stated). If the Buyer does neither, BARREL may invoice the milestone on the basis of its own records, without prejudice to the Buyer’s right to dispute it under the contract.

Price variation, liquidated damages and deductions are settled through the documents the contract provides, and through credit or debit notes where they change the value of a supply. Time for performance on projects is governed by the EPC Time Policy.

A credit note is issued under section 34 of the CGST Act when the taxable value or tax on an invoice is higher than it should be, or when goods are returned, or when services are found deficient. A debit note is issued when the taxable value or tax is lower than it should be.

• Credit and debit notes are issued by the original supplier only: the Seller under Direct invoicing and BARREL under Invoicing through BARREL.
• Each note refers to the original invoice and is reported in the supplier’s returns; where e-invoicing applies it carries its own IRN.
• A credit note that reduces output tax must be declared no later than 30 November following the end of the financial year of the supply, or the date of the annual return if earlier, as the law provides at the date of this Policy. After that, the tax can no longer be reduced, though a commercial credit may still be given.
• Where the reduction depends on the recipient reversing input tax credit, the recipient must do so promptly when the note appears in its GSTR-2B.
• Discounts given after supply are reflected in a credit note only where the conditions of section 15 of the CGST Act are met; otherwise they are commercial credit notes without tax effect.

Platform fees refunded by BARREL are reversed by a BARREL credit note on its fee invoice.

Zero-rated supplies. Exports of goods and services and supplies to a Special Economic Zone unit or developer are zero-rated under section 16 of the IGST Act 2017. The supplier may either supply under a Letter of Undertaking (LUT) without paying IGST and claim a refund of unused input tax credit, or pay IGST and claim a refund of it, as the law allows.

Endorsement. An invoice for a zero-rated supply under LUT must carry the endorsement Supply meant for export / supply to SEZ unit or SEZ developer for authorised operations under letter of undertaking without payment of integrated tax, or the version the law requires. A supply to an SEZ must be for authorised operations; the SEZ Buyer must give the documents needed (such as the endorsement of the specified officer) for the supplier to claim zero rating. If the Buyer does not, the supplier may charge IGST.

Foreign currency. Export invoices may be issued in a foreign currency where the contract provides. The value for GST is converted into Indian rupees at the rate of exchange the GST law prescribes, and the rupee value of the tax (if any) is shown. Payment must be received through banking channels and within the time allowed under the Foreign Exchange Management Act 1999 and the rules and RBI directions made under it. Bank charges outside India are borne by the Buyer unless the contract says otherwise.

Import of services and goods. Where a Buyer in India receives services from a supplier outside India through the platform, the Buyer normally pays IGST under reverse charge. Imported goods attract customs duty and IGST at import; the importer of record bears them.

Exports and imports may also need customs, export-control and sanctions compliance. Each party is responsible for its own compliance, and BARREL may refuse an Order that it believes could breach these laws.

When a Buyer or Seller enters a GSTIN, BARREL checks it against the GST portal, where the public search allows, for its format, status (active, suspended or cancelled), legal name, trade name and State. BARREL may refuse, hold or reverse an Order or a registration where the GSTIN is invalid, cancelled, suspended or does not match the business details given.

The Buyer is responsible for the correctness of its legal name, GSTIN, billing address, delivery or site address and PAN. If no GSTIN is given, the invoice is issued as a supply to an unregistered person and the Buyer cannot claim input tax credit on it. A GSTIN cannot be added to an invoice already reported; this is treated as a correction under the clause on corrections.

Sellers must keep their GSTIN, State registrations (including additional places of business from which they dispatch), PAN and bank details up to date. BARREL may suspend payouts to a Seller whose GSTIN becomes inactive, or whose returns appear not to be filed, until the position is clear.

The Buyer’s right to input tax credit depends on conditions set by section 16 of the CGST Act that are outside BARREL’s control, including that the supplier has reported the invoice, that it appears in the Buyer’s GSTR-2B, that the tax has been paid to the government, that the goods or services have been received and that the claim is made within the time limit (at the date of this Policy, by 30 November following the end of the financial year, or the date of the annual return if earlier).

Under Direct invoicing, BARREL is not liable for any loss of input tax credit, interest or penalty caused by a Seller’s failure to issue, report or pay tax on an invoice. BARREL will, on request, give the Buyer the information it holds about the Order and the Seller and will take action against the Seller under its seller terms, including suspension.

Under Invoicing through BARREL, BARREL will report its invoices in its returns within the due dates. If a BARREL invoice does not appear in the Buyer’s GSTR-2B because of BARREL’s error, BARREL will correct it in its next return and, where credit is finally lost because of BARREL’s default, will compensate the Buyer for the tax amount actually lost, subject to the clause on limitation of liability. BARREL is not responsible where the loss arises from wrong details given by the Buyer or from the Buyer’s own late claim.

A Buyer may hold back the GST portion of a payment due to a supplier until the invoice appears in its GSTR-2B only where the contract allows it or the parties agree. Otherwise, the full invoice amount is due on the due date.

Please check every invoice on receipt. Report any error through the Order page or to contact@barrel.energy:

1. 1Within 24 hours of issue for an e-invoice, so that, where the error is in the supplier’s data and the invoice has not been reported in any return, the IRN can be cancelled and a correct invoice issued.
2. 2Within 7 days of issue for any other error in the Buyer’s name, GSTIN, address, place of supply, quantity, price or tax. The supplier will correct it by credit note and fresh invoice, or by debit note, as appropriate.
3. 3Later corrections are made where the GST law still allows them (including through amendments in the returns and the time limit for credit notes), but the supplier is not obliged to correct an invoice that was right on the details the Buyer gave.

Original invoices are never edited or deleted once issued. A corrected invoice, credit note or debit note is linked to the original on the Order page so that both parties can trace the history.

Under Direct invoicing, corrections are made by the Seller. BARREL may remind the Seller and may hold the Seller’s payout for the Order until the correction is made.

BARREL issues its invoices, credit notes, debit notes, receipt vouchers and payment statements in electronic form. They are available to signed-in users on the Order or contract page and may also be sent by email. Electronic records and electronic authentication are recognised under the Information Technology Act 2000, and the GST law allows invoices to be authenticated electronically.

• Downloaded PDFs carry the IRN and signed QR code where e-invoicing applies. You can check the QR code with the government’s verification app or the e-invoice portal.
• Invoices are kept on the portal for at least the retention period in this Policy while the account is active; after an account is closed, copies can be requested from contact@barrel.energy.
• The invoice data held on the portal and reported to the government prevails over any copy that has been altered after download.
• A Buyer who needs a printed or signed copy for its own records may print the electronic invoice; BARREL may also issue a signed copy on request.

Sellers who upload invoices to the platform confirm that the uploaded file is a true copy of the invoice issued and reported by them.

Each invoice states its due date. Unless the contract says otherwise, BARREL’s invoices are payable within 15 days of the invoice date, and amounts unpaid after the due date bear interest at 18% per year (or the lower rate in the contract) from the due date until payment. Payments are applied first to interest and charges and then to the oldest invoice.

Where a supplier is a micro or small enterprise registered under the Micro, Small and Medium Enterprises Development Act 2006, the buyer must pay within the period agreed in writing, which cannot exceed 45 days from acceptance or deemed acceptance, or within 15 days where no period is agreed, as that Act provides. Delayed payment carries compound interest at three times the bank rate notified by the RBI under that Act. Suppliers should state their Udyam registration number on their invoice and profile.

TDS deducted by a Buyer must be deposited and reported under the income-tax law, and the certificate given to the supplier within the time the law sets. Short payment without a valid certificate is treated as an amount unpaid.

Payment methods, escrow, chargebacks and failed payments are governed by the Payment and Liability Policy and the Escrow Policy. When the eRupee Global Wallet is launched, payment through it will also be subject to the Wallet Policy.

• BARREL’s bank account for an invoice is shown on the invoice on the portal. Payment to any other account is at the payer’s own risk and does not discharge the debt to BARREL, unless BARREL actually receives the money.
• Seller bank accounts are changed only through the Seller’s signed-in account, with verification (which may include a penny-drop test and a cooling-off period before the first payout to the new account).
• Check the beneficiary name: it must match the legal name of the supplier on the invoice.
• If you think you have paid a fraudster, tell your bank at once, report it on the national cyber-crime portal (cybercrime.gov.in) or helpline 1930, and inform BARREL at contact@barrel.energy.

BARREL is not liable for money paid to an account that is not shown on the portal for that invoice, except to the extent that the loss was caused by BARREL’s own fraud, gross negligence or wilful misconduct, including a breach of its own systems caused by such negligence.

Under section 36 of the CGST Act, accounts and records, including invoices, credit and debit notes, receipt and refund vouchers and e-way bills, must be kept until at least 72 months from the due date of the annual return for the year to which they relate, and longer where an appeal, revision, investigation or proceeding concerning them is pending.

BARREL keeps its own invoices and related records, and the records of Orders on the platform, for at least that period, and longer where the Companies Act 2013, the income-tax law, the Prevention of Money-laundering Act 2002, a court or an authority requires it. Personal data in these records is handled under the Privacy Policy.

Buyers and Sellers must keep their own copies for the same period. BARREL’s portal copy is a convenience, not a substitute for each party’s own legal record-keeping.

A Buyer that disputes an invoice must tell the supplier in writing, through the Order page or to contact@barrel.energy for BARREL invoices, within 15 days of receiving it, giving the invoice number, the amount disputed and the reasons. The undisputed part must be paid on time.

1. 1The supplier will acknowledge the dispute within 2 working days and respond on substance within 15 days.
2. 2Where the dispute is upheld, the supplier issues a credit note or corrected invoice.
3. 3Under Direct invoicing, BARREL may help the parties to resolve the dispute and may hold the related payout, but it does not decide the dispute and is not liable for the Seller’s invoice.
4. 4Unresolved disputes are dealt with under the clause on governing law and disputes.

Raising a dispute does not suspend any time limit under the GST law. Each party must still meet its own filing and payment obligations.

To the extent permitted by law, BARREL is not liable for any indirect or consequential loss, loss of profit, loss of business or loss of opportunity arising from an invoice or tax document, and its total liability arising from invoicing or tax documents for any Order is limited to the lower of (a) the amount of tax actually lost because of BARREL’s own default and (b) under Direct invoicing, the Platform fees received by BARREL for that Order, or, under Invoicing through BARREL, the value of the invoice concerned.

Nothing in this Policy limits liability for fraud, wilful misconduct, gross negligence, death or personal injury, or any liability that cannot be limited by law, and nothing affects the rights a consumer has under the Consumer Protection Act 2019 and the Consumer Protection (E-Commerce) Rules 2020.

Each Seller indemnifies BARREL against tax, interest, penalties, claims and reasonable costs arising from the Seller’s invoices, classification, returns, e-way bills or failure to pay tax. Each Buyer indemnifies BARREL against the same arising from wrong information given by the Buyer or from the Buyer’s failure to deduct, deposit or pay tax it is liable for.

BARREL must file statements and returns as an electronic commerce operator and may receive notices from the GST and income-tax authorities. BARREL may share with those authorities the details of Sellers, Buyers, Orders, payments, TCS and TDS that the law requires, without further notice, and may require Sellers and Buyers to give information and documents needed to answer such notices.

If an authority finds that a Seller’s supply was wrongly taxed or not reported, and BARREL suffers any tax, interest, penalty or cost as a result, the Seller must reimburse BARREL, and BARREL may set the amount off against payouts due to the Seller.

BARREL may refuse an Order, hold a payout, hide an invoice or suspend an account where it reasonably believes that invoices are false, inflated or issued without an actual supply (for example, to pass on input tax credit fraudulently), that a GSTIN is being misused, or that the transaction may breach the GST law, the Prevention of Money-laundering Act 2002 or other law. BARREL may report such activity to the authorities.

Where practical and lawful, BARREL will tell the user the reason and give an opportunity to respond.

This Policy is governed by the laws of India. Disputes arising from it between BARREL and a business user that are not settled by discussion within 30 days are referred to arbitration by a sole arbitrator appointed by agreement or, failing agreement, under the Arbitration and Conciliation Act 1996. The seat and venue of arbitration is Pune, Maharashtra, and the language is English. Subject to this, the courts at Pune, Maharashtra have exclusive jurisdiction.

Tax disputes with the authorities are decided under the GST law and the income-tax law and are not subject to this clause. A consumer may approach the consumer commission with jurisdiction under the Consumer Protection Act 2019.

Tax law and rates change often. BARREL may update this Policy to reflect changes in the law, in its services or in its practice. The updated Policy is published at /legal/invoicing-policy with a new version number and effective date. Changes in law apply from the date the law sets, whether or not this Policy has been updated yet. Material changes that affect confirmed Orders are notified to the users concerned. Any figure or rate quoted in this Policy is for information and is always subject to the law in force at the time of supply.

For invoice copies, corrections, TCS or TDS certificates and bank detail verification, write to contact@barrel.energy (subject line Invoice and your order number) or call +91 90755 77366.

Grievance Officer: the person designated by BARREL from time to time, reachable at contact@barrel.energy (subject line 'Grievance') and +91 90755 77366, RH 11, Mayfair Eleganza - II, NIBM Road, Kondhwa Kh., Pune 411048, Maharashtra, India. Grievances are acknowledged within 24 hours and resolved within 15 days, or within any shorter time the law sets.

Bharat Atom Renewable Resources Energy Limited, CIN U35100PN2024PLC230800, GSTIN 27AASCM0958L1ZQ, LEI 335800FULVEJISCWKA06, RH 11, Mayfair Eleganza - II, NIBM Road, Kondhwa Kh., Pune 411048, Maharashtra, India. Website www.barrel.energy.