Fees & Taxes


Fees
The Company does not take any responsibility for any bank transfer, wire, or any other fees or costs (“Fees”) associated with the purchase or redemption of any TINR product. Any Fees incurred by you during the purchase or redemption of a TINR product shall be deducted from the amount being purchased or redeemed before the balance is transferred to you. For example, if you wire INR 10,000 to purchase TINR and there is a wire fee of INR 250, you will then receive 9,750 TINR in your ERC-20 wallet.

You are responsible for all on-chain transaction costs associated with on-chain transfers of any TINR product. The Company does not charge any Fees for purchasing or redeeming any TINR and does not charge any on-chain transaction fees in addition to the blockchain-specific transaction fees associated with such transfers.

Taxes You are solely liable for all the taxes, fees, and commissions resulting from the use of the Platform. These Terms of Use alone do not create a joint venture, partnership, or principal-agent relationship between you and the Company, or any other users, and nothing in these Terms of Use may be used to imply such a relationship. You agree to indemnify the Company from any liability for, or assessment of, any claims or penalties with respect to such taxes, labor, or employment requirements, including any liability for, or assessment of taxes imposed on the Company by the relevant taxing authorities with respect to any fees paid to you as the result of using the Platform.