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Extramarket Stolen Goods Policy

Effective Date: September 9, 2025

1. Purpose and Commitment

Extramarket.in is committed to providing a safe, transparent, and trustworthy marketplace for buyers and sellers. We recognize that the sale of stolen goods not only harms buyers but also damages the integrity of our platform and exposes sellers and the company to legal consequences. To safeguard our community, Extramarket strictly prohibits the sale of stolen or illegally acquired products. This policy outlines the rules, consequences, and responsibilities related to such activities, and it applies to all sellers who list or attempt to list products on our platform.

2. Prohibition on Stolen Goods

Sellers may only list items on Extramarket.in that they legally own or are authorized to sell. This includes goods obtained through lawful purchase, manufacturing, or authorized distribution channels. Any product that has been stolen, misappropriated, or otherwise obtained unlawfully is strictly prohibited from being listed or sold on our marketplace. Attempting to sell stolen property violates this policy, Indian law, and international trade regulations, and will result in immediate action against the seller.

3. Investigation and Verification

Extramarket.in reserves the right to investigate any listing, transaction, or seller account suspected of being associated with stolen property. This may include reviewing product descriptions, invoices, receipts, supply chain records, and other documentation. Sellers are required to cooperate fully with such investigations by providing proof of purchase or ownership when requested. Failure to provide adequate documentation will be treated as a violation of this policy. Extramarket also reserves the right to use third-party verification tools and cooperate with law enforcement agencies to confirm whether an item has been reported as stolen.

4. Consequences of Violation

If Extramarket determines that a product is stolen or that a seller has failed to prove legitimate ownership, we will take strict enforcement actions without exception. These actions include:

  • Immediate removal of the product listing from the platform.
  • Discarding or destroying the product without returning it to the seller, regardless of its condition or value.
  • Withholding or confiscating any payment associated with the sale of the stolen product. The seller will not receive any money for such items.
  • Suspension or permanent termination of the seller’s account, preventing future activity on Extramarket.in.

These measures are necessary to protect the interests of our buyers and to uphold legal compliance.

5. Seller Responsibilities

Every seller on Extramarket.in has a duty to maintain a legitimate and verifiable supply chain. Before listing any product, sellers must ensure that it is legally acquired and that records of ownership, purchase, or distribution are available for verification. Sellers should maintain clear invoices, supplier agreements, or other supporting documentation for all products. Ignorance of the source of goods or inability to provide documentation will not be accepted as an excuse. By listing on Extramarket.in, sellers acknowledge their responsibility for the legality of their inventory.

6. Right of Extramarket

Extramarket.in reserves the absolute right to remove listings, withhold payments, discard products, or terminate seller accounts at its sole discretion if any violation of this policy is detected. We may also share information with law enforcement agencies or cooperate in criminal investigations if necessary. Sellers should understand that participation in the marketplace is a privilege, not a right, and that Extramarket has a legal and ethical obligation to protect buyers and the wider community from harm.

7. Appeal Process

Sellers who believe their product has been wrongly classified as stolen may submit an appeal. Appeals must include verifiable documentation proving legitimate ownership of the item, such as original purchase receipts, supplier invoices, or manufacturer authorization letters. All appeals will be reviewed carefully by Extramarket’s compliance team, but the platform reserves the final right to accept or reject the appeal. If an appeal is rejected, the decision will be binding, and no further recourse will be provided within the platform.

8. Legal Compliance and Liability

Selling stolen goods is a criminal offense under Indian law, including provisions of the Indian Penal Code relating to theft, cheating, and handling stolen property. Sellers engaging in such activities may face prosecution, fines, or imprisonment. Extramarket.in may report confirmed cases of stolen goods to law enforcement agencies and provide them with all relevant seller and transaction details. By using our platform, sellers acknowledge that they are fully responsible for their actions and accept all legal consequences that may arise from policy violations.

9. Policy Updates

This policy will be reviewed and updated as necessary to remain compliant with legal requirements and industry best practices. Extramarket.in reserves the right to amend, expand, or modify this policy at any time without prior notice. Sellers are responsible for reviewing the most recent version of the policy regularly to ensure compliance. Continued use of Extramarket.in after updates to the policy constitutes acceptance of the new terms.

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GST No: 03AAKCD8808Q1Z2.
CIN No: U62099PB2024PTC061668.

The Registered Name of the company is DAZYTECH IT SERVICES PRIVATE LIMITED and the address is Ist Floor, Shop No. 15, 2540 Jagdamba Market, Basti Jodhewal, Ludhiana, Punjab, 141007

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