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Customer Service

Payment Terms
Net amount due in 30 days from date of shipment. A charge of 1.5% per month will be applied for each month of delinquency (18% annual rate). In states where such a charge is prohibited by law, the maximum contract rate allowable will be applied for a month of delinquency. 
Remittance Address: Magnum Tools Corp, PO Box 630528, Houston, TX, 77083.
Freight Terms
Full freight charges (via our routing) are prepaid and allowed covering shipments to one destination that total $750 or more, excluding items. Magnum Tools Corp reserves the right to select the freight carrier used where the freight is at the shippers expense. No transportation allowance is made for smaller shipments that do not meet the above requirements. Non-qualifying shipments will be made F.O.B. factory. Shipment to residential address will not be qualified for pre-paid freight. 
Foreigns Terms
Because of additional packaging and handling cost, no cash discounts are allowed. Domestic terms apply, except freight is prepaid only to port city of exit. This also applies to Alaska and Hawaii. 
Smaller Orders
All orders of less than $100 per shipment are subject to a service charge of $5.00.
Broken & Standard Packaging
All products sold in full package quantities only, unless otherwise noted. 
Returned Goods Policy
No merchandise is to be returned without prior authorization from our office. If a return is authorized, freight charges must be prepaid and goods will be accepted for credit subject to inspection for slabitity and service charge of 15% and repacking charges as required. Any shortage or damage claim should be reported to both the carrier and Magnum Tools Corp, Inc. within 7 days of receipt of goods.
Taxes on Sales
If, under any law now or hereafter passed, the seller is required to pay a tax on sales, or an Excise Tax, the amount of these taxes will be added to the invoice value.
Pricing
Prices are subject to change without notice. Prices in effect on date of shipment will apply.