ASTEYA PRIVATE LIMITED ← Back to site

Refund Policy

Last updated: 4 August 2026

This policy explains when Asteya Private Limited will refund money paid to us, how to request a refund, and how long it takes. It covers engineering services, manufactured goods, digital subscriptions and payment errors.

1. Scope

Asteya supplies engineering goods and services to businesses and organisations. Our work is largely made to order, engineered to a customer's specification, or delivered as ongoing monitoring of a customer's own assets. That shapes this policy: we do not offer change-of-mind refunds, because the work we do for one customer generally has no value to another.

This policy should be read with our Terms and Conditions, Return Policy and Shipping Policy.

A signed contract takes precedence over this page. Where a purchase order, supply contract, master services agreement or subscription schedule sets out its own cancellation, milestone or refund terms, those terms apply instead of this policy to the extent of any inconsistency.

2. Engineering and consultancy services

This covers consultancy, technical advisory, project management, systems integration, research and development, testing, validation and lifecycle support.

Refund position for engineering and consultancy services.
Situation Refund
Cancelled before work starts Full refund of any advance, less costs already committed on your behalf (for example sub-contractor bookings, travel already booked, or material ordered to your specification). We will itemise any deduction.
Cancelled after work starts Refund of the unearned balance of the advance. Fees for work already performed, and for costs already committed, are not refundable. We will provide a statement of work performed to the cancellation date.
Work delivered but materially defective We will first re-perform the affected work at our own cost. If we cannot bring it up to the agreed standard within a reasonable period, we will refund the fees attributable to that work.
Work completed and accepted Not refundable.

3. Manufactured goods, components and assemblies

Refunds for physical goods are handled through our Return Policy, because a refund normally depends on the goods being returned and inspected first.

In summary:

4. Digital services, monitoring and subscriptions

This covers asset monitoring, predictive-maintenance subscriptions and remote diagnostics contracts, which are charged per asset or per fleet.

5. Duplicate, failed and incorrect payments

These are corrected in full, and this is not discretionary:

6. How to request a refund

Email accounts@asteyatechnologies.co.in with the subject line "Refund request", including:

We acknowledge refund requests within 3 business days. Requests concerning goods may require the goods to be returned and inspected before a decision — see the Return Policy.

7. How long refunds take

Indicative refund timeline.
Stage Timeframe
Acknowledgement of request Within 3 business days
Decision (no goods return needed) Within 7 business days of receiving all information
Decision (goods to be returned and inspected) Within 10 business days of our receiving and inspecting the goods
Refund initiated once approved Within 7 business days of approval
Funds reaching your account Typically 5 to 10 business days after we initiate, depending on your bank, card issuer or payment provider

Refunds are made to the original payment method and to the original payer. We cannot refund to a different card, account or third party. Where the original method is no longer available, we will refund by bank transfer to an account in the payer's name, after verification.

Once we have initiated a refund, the time taken for it to appear is controlled by the banks and payment networks involved, not by us. Bank charges, currency-conversion differences and cross-border transfer fees deducted by intermediary banks are outside our control and are not reimbursed by us.

8. Taxes on refunds

Where GST or another tax was charged on the original invoice, the refund is processed together with the corresponding credit note, and the tax element is adjusted in accordance with applicable tax law. Refunds against export or foreign-currency invoices are made in the currency of the original invoice.

9. What is not refundable

10. Disagreements

If you disagree with a refund decision, reply to our decision email asking for it to be escalated. We will have it reviewed by someone not involved in the original decision and respond within 15 business days. This does not affect any statutory right you may have. Unresolved disputes are subject to clause 16 (Governing law and jurisdiction) of our Terms and Conditions.

11. Grievance Officer

If a refund request is not resolved to your satisfaction, you may escalate it to our grievance officer, whose details are published below in accordance with applicable law.

Name of the office
Head Office
Designation
Director
Name and address of the company
ASTEYA PRIVATE LIMITED
Unit 149, MIG Phase-1, BHEL, Mig Colony, Ramachandrapuram, Medak-502032, Telangana, India
Email
accounts@asteyatechnologies.co.in
Phone
+91 8523045736
Working hours
Monday to Friday, 9:00 to 18:00 IST

We acknowledge grievances within 7 business days of receipt and aim to resolve them within 30 days.

Contact us

Phone: +91 8523045736
Time: Monday – Friday (9:00 – 18:00) IST
Email: accounts@asteyatechnologies.co.in

ASTEYA PRIVATE LIMITED
Unit 149, MIG Phase-1, BHEL, Mig Colony, Ramachandrapuram, Medak-502032, Telangana, India
CIN: U71100TS2026PTC219842