These Terms and Conditions ("Terms") govern your access to and use of the Green Carbon Credit ("GCC") platform, including the purchase, holding, trading, and retirement of GCC Digital Environmental Service Vouchers. Please read these Terms carefully. By registering on our platform or purchasing any GCC unit, you agree to be bound by these Terms in their entirety. If you do not agree, please do not use this platform.
Green Carbon Credit (GCC) is a Digital Environmental Service Voucher — a utility instrument designed exclusively for the purpose of carbon offsetting and participation in the voluntary carbon market.
GCC is expressly not any of the following: a Security, a Debenture, a Share, a Collective Investment Scheme (CIS), a Cryptocurrency, a Virtual Digital Asset (VDA) as defined under Indian tax law, or any form of regulated financial instrument. Purchasing a GCC voucher does not confer ownership, equity, debt, voting rights, or any financial entitlement in Green Carbon Credit or any of its associated entities.
The primary and sole purpose of a GCC voucher is to represent a unit of certified carbon offsetting activity linked to real-world environmental projects, including but not limited to solar energy installations and verified carbon-removal initiatives. The platform operates as a digital marketplace facilitating the issuance, transfer, and retirement of these vouchers.
Users acknowledge that GCC vouchers hold utility value derived from their environmental function, and that any secondary market value is incidental and entirely subject to market forces, demand, and prevailing environmental policy.
All participation in this platform is subject to risk. GCC does not guarantee any returns, profits, income, or appreciation of any kind. Past performance or stated base pricing is not indicative of future value.
By purchasing GCC vouchers, you expressly acknowledge and accept the following:
- The acquisition of GCC vouchers does not constitute an investment, a deposit, or a financial instrument of any kind.
- GCC does not promise, represent, or guarantee any fixed returns, profit sharing, buyback guarantees, or assured income at any point in time.
- The value of a GCC voucher may rise or fall based on market demand, global carbon policy, regulatory changes, and other macroeconomic factors entirely outside the control of GCC.
- The decision to purchase, hold, trade, or retire GCC vouchers rests solely and entirely with the individual user. GCC shall bear no liability for financial outcomes resulting from these decisions.
- You are participating of your own free will and with full awareness of the risks involved.
You should only participate with funds you can afford to utilise for environmental purposes and whose potential loss or diminished value would not adversely affect your financial wellbeing. GCC is not a savings scheme, an investment product, or a guaranteed return instrument.
The Bonus Green Points offered under the GCC staking programme (2–3% per annum on qualifying holds) are non-monetary loyalty rewards redeemable only within the GCC partner ecosystem. They do not constitute financial returns, interest income, or dividends, and their future availability and redemption value are subject to change without prior notice.
All transactions on the GCC platform are processed exclusively through authorised Indian banking channels. GCC does not accept, hold, or facilitate payments through unregulated, informal, or overseas payment mechanisms.
GCC currently supports the following payment methods: UPI (Unified Payments Interface) and Net Banking through accredited Indian banks. Additional payment methods may be introduced at GCC's discretion with appropriate notice to users.
GCC does not operate as a bank, a Non-Banking Financial Company (NBFC), a payment aggregator, or any form of deposit-taking institution. Funds received by GCC in exchange for vouchers are consideration for the delivery of a digital utility service voucher — not deposits, loans, or financial instruments.
GCC does not operate any Unregulated Deposit Scheme. No funds received on this platform are held as deposits or managed as pooled investment funds. Every payment results in the immediate issuance of the corresponding number of GCC voucher units to the buyer's digital vault.
The GCC platform provides an internal Peer-to-Peer (P2P) marketplace that enables users to transfer or sell their GCC vouchers to other registered users at a mutually agreed or prevailing market rate.
GCC acts solely as a technical intermediary — providing the technology infrastructure that facilitates the listing, discovery, and settlement of voucher transfers between buyers and sellers. GCC is not a party to any transaction executed on the P2P marketplace and does not act as an agent, broker, or counterparty.
- GCC does not guarantee the liquidity of the marketplace, the availability of buyers, or the successful completion of any listing.
- GCC is not liable for any loss, delay, dispute, or failed transaction arising from P2P marketplace activity.
- The P2P marketplace does not constitute a stock exchange, securities market, or regulated trading venue.
- Any gain or financial outcome arising from P2P trades is entirely at the discretion and risk of the participating users.
- GCC reserves the right to suspend, modify, or discontinue the P2P marketplace at any time, with reasonable notice where practicable.
Users are responsible for ensuring that their use of the P2P marketplace complies with all applicable Indian laws and for reporting any taxable income or gains that may arise from such transactions.
GCC is committed to transparent and proper invoicing for all transactions conducted on the platform.
A digital invoice will be automatically generated and issued to the buyer upon the successful completion of each purchase transaction. The invoice will detail the number of GCC units purchased, the per-unit price, the total consideration paid, and applicable GST (Goods and Services Tax) where mandated by Indian law.
GCC will collect and remit GST in accordance with applicable Indian tax regulations. The applicable GST rate will be displayed at the point of purchase and reflected in the issued invoice.
Users are solely and individually responsible for their own tax compliance. This includes, but is not limited to, the reporting and payment of any income tax, capital gains tax, or other levies that may arise from the purchase, holding, trading, appreciation, or retirement of GCC vouchers. GCC does not provide tax advice. Users are strongly encouraged to consult a qualified tax professional regarding their specific circumstances.
GCC does not represent or warrant that GCC vouchers fall outside any particular tax classification. As tax laws in India continue to evolve — particularly with respect to digital assets and environmental instruments — users must stay informed of their obligations and seek independent advice where necessary.
Users may elect to "Retire" their GCC vouchers at any time. Retirement is an irreversible action by which the user voluntarily removes their voucher units from circulation in exchange for an official certification of carbon neutrality.
- Upon retirement, the selected GCC voucher units are permanently burned (i.e., removed from the total supply and rendered non-transferable and non-tradeable).
- The user will receive a Final Sequestration Certificate — a digital document confirming that the specified quantity of carbon offset has been attributed to the user's account.
- This certificate may be used for personal ESG reporting, voluntary carbon neutrality claims, or as documentation of environmental responsibility. GCC makes no warranty as to its acceptance by any third-party authority or regulatory body.
- Retirement is permanent and irreversible. GCC will not restore, refund, or replace retired voucher units under any circumstances.
By using the GCC platform, each user agrees to the following obligations:
- You are at least 18 years of age and legally competent to enter into binding agreements under Indian law.
- All information provided during registration is accurate, current, and complete. You will promptly update your information if it changes.
- You will not use the platform for any unlawful purpose, including money laundering, fraud, or the financing of prohibited activities.
- You will not attempt to manipulate, disrupt, or exploit the platform or the P2P marketplace in any manner.
- You acknowledge that you are making an independent, informed decision to participate and that you have not relied on any verbal or written representation made outside of these Terms.
- You will maintain the confidentiality of your account credentials and immediately notify GCC of any unauthorised access or security breach.
To the fullest extent permitted by applicable law, GCC, its directors, employees, affiliates, and agents shall not be liable for:
- Any financial loss, loss of value, or diminution in the worth of GCC vouchers resulting from market fluctuations or external factors.
- Any loss arising from a user's reliance on information published on the platform that may subsequently prove inaccurate or outdated.
- Failure, delay, or interruption of the platform due to technical issues, maintenance, force majeure, or third-party service failures.
- Any indirect, incidental, consequential, or punitive damages of any nature arising from use of this platform.
- Any regulatory action, tax liability, or legal consequence that arises from a user's individual circumstances.
GCC's aggregate liability to any user for all claims arising from these Terms shall not exceed the total amount paid by that user to GCC in the twelve (12) months preceding the event giving rise to the claim.
GCC reserves the right to amend, update, or replace these Terms at any time. Where material changes are made, GCC will provide reasonable notice to registered users via the platform or by registered email. Continued use of the platform following such notice constitutes acceptance of the revised Terms.
Users are encouraged to review these Terms periodically. The version date at the top of this document reflects the most recent revision.
These Terms shall be governed by and construed in accordance with the laws of the Republic of India. Any dispute arising out of or in connection with these Terms, including questions regarding their existence, validity, or termination, shall be subject to the exclusive jurisdiction of the competent courts in India.
In the event of any dispute, the parties agree to first attempt resolution through good-faith negotiation. If unresolved within One Hundred and Eighty (180) days, either party may pursue legal remedies as available under Indian law.
For any queries, complaints, or grievance redressal related to these Terms or your use of the platform, please contact GCC through the official channels listed on the platform's Contact page. GCC endeavours to acknowledge all written grievances within 7 business days.