Legal & Export Governance

Global Terms of International Trade

Standard commercial terms governing AURO EXIM agricultural commodity exports, Incoterms® delivery protocols, SGS quality inspections, letter of credit standards, and ocean freight logistics.

Effective Date: January 1, 2026Version: 4.2-GLOBALICC Incoterms® 2020 Compliant

1. Preamble & Framework

These Global Terms of Trade ("Terms") govern all commercial export agreements, proforma invoices, purchase orders, and international shipping operations conducted by AURO EXIM Private Limited ("Exporter") with international B2B buyers, importers, and trade distributors ("Buyer").

By issuing a Purchase Order (PO), signing a Proforma Invoice (PI), or accepting shipment documentation from AURO EXIM, the Buyer agrees to be strictly bound by these Terms alongside the Incoterms® 2020 rules published by the International Chamber of Commerce (ICC).

Star Export House Compliance: AURO EXIM operates under Ministry of Commerce & Industry (DGFT), Government of India guidelines with full APEDA, FSSAI, and Spices Board registrations.

2. Incoterms® Delivery & Transfer of Risk

All prices quoted in Proforma Invoices specify delivery under standard Incoterms® 2020 definitions. Unless explicitly agreed otherwise in writing, default shipping terms include:

FOB (Free On Board) — Port of Origin

Risk transfers to Buyer once containers cross the ship's rail at Port of Nhava Sheva (JNPT) or Mundra Port. Export customs clearance & origin THC covered by Exporter.

CIF (Cost, Insurance & Freight) — Destination Port

Exporter arranges ocean freight and marine insurance (110% CIF value under Institute Cargo Clauses A). Buyer handles import customs clearance & destination port charges.

3. Quality Verification & Lab Certification

AURO EXIM guarantees all agricultural commodities (spices, grains, freeze-dried fruits, and oilseeds) conform strictly to contract specifications and maximum residue limits (MRL) required by the destination country.

  • Pre-Shipment Inspection: Every container is inspected by independent third-party agencies (SGS, Geo-Chem, or Cotecna) prior to sealing at origin.
  • Phytosanitary & Lab Analysis: Certificate of Analysis (COA), Phytosanitary Certificate, and Aflatoxin test reports accompany every bill of lading.
  • Claims & Notification Window: Any non-conformity claim must be reported within 14 calendar days of container discharge at destination port with official surveyor reports.

4. Payment Terms & Letters of Credit (L/C)

Financial transactions must be executed through approved international banking channels in USD, EUR, or AED. Accepted payment instruments include:

Confirmed Irrevocable Letter of Credit (L/C at Sight)
Issued by a Top-50 Prime International Bank, advising through State Bank of India or HDFC Bank.
Telegraphic Transfer (T/T Deposit + Balance Against B/L)
30% Advance Deposit upon PO confirmation, 70% Balance payable against scanned copy of Original Bill of Lading.

5. Cold-Chain Containerization & Freight

For temperature-sensitive produce (freeze-dried fruits, herbs, and oils), AURO EXIM deploys high-cube reefer containers equipped with real-time IoT temperature and humidity telemetry trackers (-20°C to +4°C).

Demurrage, detention charges, or customs holds at the destination seaport arising from Buyer delay in document retrieval or customs duty payment remain the sole responsibility of the Buyer.

6. Force Majeure & Governing Law

Neither party shall be held liable for shipment delays or failure to perform obligations caused by acts of God, maritime war, port blockades, piracy, extreme weather, embargoes, or government trade bans.

Jurisdiction & Arbitration

These Terms are governed by the laws of India. Any unresolved commercial dispute shall be submitted to binding arbitration under the rules of the Mumbai Centre for International Arbitration (MCIA) in Mumbai, India.

Need Official Proforma Invoice with Terms?
Generate an automated, certified FOB/CIF pricing quotation now.
Request Proforma RFQ