Privacy Policy
Global Trade Dynamics DMCC (GTD DMCC GmbH)
Handelsregister: HRB 108329
E-Mail: info@global-trade-dynamics.com


General Terms and Conditions of GTD DMCC
§1 Validity of the conditions
These GTC apply to all deliveries, services and offers of GTD GmbH. They form the basis for all contracts and business relationships between the seller and its customers. The application of other GTCs is excluded, even if not explicitly contradicted. Amendments or supplements to these GTCs require the written consent of the seller. The GTCs shall also apply to future business relationships without the need to refer to their validity again. The contracting parties agree that these terms and conditions are an integral part of all transactions, unless individual agreements have been made in writing.
§2 Prices
(1) All prices are quoted in euros and may be shown gross or net, depending on the marking in the “Total price in €” field. Additional costs for packaging and shipping shall be added to the agreed price.
(2) All prices are ex warehouse Germany, unless otherwise contractually agreed. The prices are non-binding and may be adjusted due to market fluctuations, material costs or other external influences. The customer will be informed of any price changes in good time before delivery. In addition, the seller reserves the right to adjust prices if the delivery conditions or statutory duties change during the contract period.

§3 Default of delivery / default of acceptance
(1) In the event of delays occurring after the due date and for reasons for which the Seller is responsible, the Buyer shall be granted a grace period of 20 working days. If the Seller exceeds this grace period, the Buyer may withdraw from the contract or claim damages. However, force majeure, natural disasters, strikes or official orders are excluded from any liability.
(2) If the Buyer is in default of acceptance, the Seller reserves the right to withhold further delivery until the purchase price has been paid in full or appropriate security has been provided. In addition, the Seller shall be entitled to charge the Buyer for any costs incurred, including storage and administration costs. Should the delay in acceptance exceed a period of 30 days, the Seller may withdraw from the contract and claim damages of at least 10% of the value of the goods.
§4 Retention of title
(1) The Seller shall retain title to all goods delivered until the purchase price has been paid in full. The Buyer undertakes to treat the goods subject to retention of title with care and not to pledge them to third parties or assign them as security.
(2) In the event of seizure by third parties, for example through attachment or confiscation, the Buyer shall draw attention to the Seller's ownership and notify the Seller immediately. The Buyer shall bear the costs for measures to cancel the seizure by third parties and to recover the goods.
§5 Liability
(1) The Seller shall only be liable for damages caused by slight negligence if it has breached a material contractual obligation. Liability shall be limited to the typical damage foreseeable at the time of conclusion of the contract. The Seller shall not be liable for indirect damage, such as loss of profit or loss of production, unless it is a case of intentional or grossly negligent acts.
(2) Liability for damages resulting from injury to life, body or health as well as fraudulent concealment of a defect shall remain unaffected. Liability under the Product Liability Act shall also remain unaffected. In the event of damage, the Buyer undertakes to notify the Seller in good time and in writing so that joint damage limitation can take place.
§6 Payment / Offsetting
(1) All payments are due without deduction, such as cash discount, immediately after invoicing. The Seller accepts various payment methods, including bank transfer, credit card, Klarna, and direct debit. The specific conditions for each payment method are described in detail at checkout in the Seller's online store.
(2) The Buyer shall only be entitled to offset if his counterclaims are undisputed or have been legally established. In the event of default of payment, the Seller shall be entitled to charge interest on arrears at a rate of 9 percentage points above the respective base interest rate. In addition, further deliveries may be withheld or further contractual services suspended until the outstanding amount has been settled.
§7 Right of withdrawal and return for private customers
(1) Private customers have the right to return products within 14 days of receipt without giving reasons. The return must be notified via the GTD returns portal. A return is only possible if the product is returned in its original packaging and complete with all accessories and proof of purchase.
(2) Commercial customers, resellers and employees of GTD GmbH are excluded from this right of return. The return shipment shall be at the Buyer's own expense and risk. The refund of the purchase price shall be made by cashless payment after receipt of the goods and inspection by the seller.
(3) Customers can contact GTD GmbH by telephone or e-mail if they have any questions about the right of withdrawal. The exact contact times and information are listed on the website.
§8 Place of jurisdiction
(1) The exclusive place of jurisdiction for all disputes arising from the contractual relationship is Karlsruhe, provided that the buyer is a merchant, a legal entity under public law or a special fund under public law. The parties agree on the German place of jurisdiction in order to ensure a clear legal situation and faster processing of proceedings.
(2) For consumers who have their place of residence or habitual abode outside Germany, the statutory provisions shall apply. The application of international commercial law, in particular the UN Convention on Contracts for the International Sale of Goods, is excluded unless this has been expressly agreed in writing.
§9 Final provisions
(1) Should individual provisions of these GTC be or become invalid in whole or in part, the validity of the remaining provisions shall remain unaffected. The contracting parties undertake to replace the invalid provision with a legally permissible provision that comes as close as possible to the economic purpose of the invalid provision.
(2) No verbal ancillary agreements have been made. Amendments and supplements to these GTC must be made in writing, whereby this also applies to the amendment of this written form clause.
(3) These GTC are subject exclusively to German law. In all other respects, the statutory provisions of the German Civil Code (BGB) and the German Commercial Code (HGB) shall apply.