15 September 2021
Ex Works (EXW) Incoterms - Explained In International Trade
EXW Incoterm stands for Ex Works, having an EXW arrangement means that there is minimum obligation for the seller, whereby he is responsible only till the delivery of goods at the named place, and the buyer covers the entire shipping cost.
17 June 2020
DAP (Delivered At Place) Incoterms in Shipping & Customs
This post explains the duties & obligations of the exporter & the importer under DAP incoterms. Learn more about DAP's charges, meaning & its difference from other incoterms.
11 November 2019
What is Bill of Lading in Shipping & Exports?
The bill of lading (BL/BOL) is an important legal document in global trade and exports. Find out what a bill of lading is, who issues it, its types, uses & more.
23 August 2021
CIF (Cost, Insurance & Freight) Incoterms - Guidelines & Meaning
CIF incoterms is a trading & customs guideline under incoterms 2021 by which the obligation to cover cost of goods, insurance & freight is borne by the exporter. Learn more in detail here.
22 June 2020
DAT (Delivered At Terminal) Incoterms - Duties, roles & Charges
DAT is an incoterm published by the ICC, having its first edition in 1936 and the most recent one in January 2020. The recent edition has a new name for DAT, i.e., ‘Delivered at Place Unloaded’, but the responsibilities of the seller and the buyer remain unchanged.
28 April 2021
RCMC - Meaning, Registration Process & More
While not a prerequisite for running an export business, getting a Registration Cum Membership Certificate (RCMC) from FIEO or your relevant Export Promotion Council (EPC) can unlock a lot of benefits for your business. Read this blog to learn how to apply online, documents required, tips to make the most of your RCMC registration and more.
22 June 2020
FAS Incoterms 2020 | Free Alongside Ship | Meaning and Shipping term
In the FAS incoterm, the seller has well-defined instructions for the course of transportation till the port of destination and the buyer seizes responsibility for loading the goods -- and all charges -- after the goods reach the nominated port.
20 August 2022
Incoterms 2020 [Full List] - Delivery Terms, Meaning & More
This article covers all the incoterms introduced by the ICC in international shipping and covers freight, insurance & delivery duties & responsibilities of the parties.