1. NATURE OF PROGRAM
The Golden Sparrow Vault is a Conditional Loyalty Discount Program and NOT a prize scheme, lottery, or money circulation scheme. The benefit is a deferred discount offered by Sunehriè out of its own marketing budgets to incentivize high-value, repeat patronage.

2. NO ENTRANCE FEE
Participation in the Golden Vault is a free add-on benefit for customers who have already completed a purchase of goods at fair market value. No part of the purchase price is considered an “entry fee” or “investment” into the program.

3. COMPLIANCE WITH CONSUMER PROTECTION ACT
(2019)
• Transparency: The “Maturity Cycle” is an internal business metric based on the Brand’s total sales turnover milestones.
• No Recruitment Link: The customer is NOT required to recruit other members to earn the reward. The cycle moves based on the Brand’s overall business growth, not the customer’s personal referrals.

4. DISBURSMENT & TAXATION (TDS)
• GST: The reward (₹50,000) is a post-purchase discount. When redeemed against jewelry, GST will be applicable on the net value as per Indian Tax Laws.
• TDS: Under Section 194R of the Income Tax Act, any benefit or perquisite arising from business or profession exceeding ₹20,000 in a year may be subject to TDS at 10%. The customer must provide a PAN Card to claim the
reward.

5. MODIFICATION RIGHTS

Sunehriè reserves the right to fulfill the reward in installments or as a “Purchase Voucher” to maintain the financial liquidity of the Brand, in compliance with standard Indian accounting practices.

6. JURISDICTION
All transactions are governed by the laws of India. Any disputes are subject to the exclusive jurisdiction of the Courts of Ahmedabad, India.

Welcome to an exclusive circle of collectors. The Golden Sparrow Vault is more than a reward; it is our way of sharing our brand’s growth with our most valued patrons.

1. How to Enter
• Activation is automatic with any single-item purchase of ₹15,000 or above from our Signature Collections.

2. The Maturity Journey
• Your Vault is linked to our Proprietary Maturity Cycle (PMC).
• As the Sunehriè community grows and hits global sales milestones, your Vault progresses toward maturity.
• Track your live progress 24/7 by scanning Website QR code or loging in app.

3. The Milestone Reward
• Upon reaching 100% Maturity, you unlock a ₹50,000 Golden Sparrow Reward.
• Rewards are issued as a Digital Certificate/Voucher of Maturity, redeemable at any Sunehriè showroom.

4. The Golden Rules
• One Vault per qualifying 1 item’s invoice.
• Maturity is based on brand milestones, not a fixed time period.
• Rewards can be used to upgrade your collection or as a credit for your next masterpiece or purchase new jewellery from Sunehriè.
• Sunehriè will inform you when your reward is applicable for redemption.

1. DEFINITION OF PROGRAM
The “Golden Sparrow Vault” is a proprietary loyalty initiative by Sunehriè. The program offers a deferred trade discount (“Reward”) contingent upon the completion of a Proprietary Maturity Cycle (PMC).

2. ELIGIBILITY & ENROLLMENT
2.1. Participation is restricted to customers making a qualifying item purchase.

2.2. No entry fee or investment is required. The Program is a complimentary benefit provided for high value patronage.

2.3. Enrollment is confirmed only upon the issuance of a unique Vault ID.

3. THE PROPRIETARY MATURITY CYCLE (PMC)
3.1. The PMC is a mathematical growth model based on the Company’s aggregate sales volume and brand expansion milestones.

3.2. Confidentiality: To maintain the integrity of the program and protect business interests, the specific algorithms, customer sequences, and transactional triggers used to calculate the PMC are strictly confidential trade secrets of Sunehriè.

3.3. No Fixed Duration: The time taken to reach 100% maturity depends on market conditions and brand volume. The Company provides no guarantee of a specific payout date.

3.4. Non-Linear Progress: Digital progress indicators represent maturity “stages” and do not move in fixed linear increments.

4. REWARD FULFILLMENT & TAXATION
4.1. The ₹50,000 Reward is issued as a Jewelry Purchase Voucher or Store Credit Note.

4.2. Taxation (TDS): In compliance with Section 194R of the Income Tax Act (India), a 10% TDS is applicable on rewards exceeding ₹20,000. Customers must provide a valid PAN card to claim the reward.

4.3. GST: Standard GST rates apply to the net invoice value at the time of redemption of the reward voucher.

5. RETURNS & CANCELLATIONS
5.1. If the original qualifying jewelry purchase is returned or refunded in 48 Hours of purchasing, the associated Vault ID and all accrued maturity progress shall be immediately forfeited.

5.2. Rewards are non-transferable and cannot be exchanged for cash.

6. LEGAL STANDING
6.1. This program is a conditional loyalty discount and does not constitute a Prize Chit, Money Circulation Scheme, or Lottery under Indian Law.

6.2. The Company reserves the right to audit, modify, or terminate the program at its discretion to ensure financial sustainability.

6.3. All disputes are subject to the exclusive jurisdiction of the courts in Ahmedabad, India.