Terms and Condition

Drafting export terms and conditions is essential to establish clear expectations and legal obligations between the exporter (seller) and the importer (buyer). Below is a sample set of India rice export terms and conditions. Please note that you should consult with legal professionals to tailor these terms to your specific business needs and ensure compliance with international trade laws.

India Rice Export Terms and Conditions

1. Definitions:

  • Exporter: GulfWave Agricom LLP. Khasra No.-55/27 Ground Floor, OLD GTK Road, Gate No.-02 Bakoli New Delhi 110036
  • Importer

2. Product Specifications

  • The exported rice shall conform to the specifications detailed in the mutually agreed-upon contract, including variety, grade, packaging, and quality standards.

3. Pricing and Payment Terms:

  • The prices are as per the agreed contract and are subject to change only with mutual consent.
  • Payment shall be made in [currency] by [payment method] as specified in the contract.

4. Order Placement and Acceptance:

  • The buyer shall place orders as per the terms of the contract, specifying quantity, type, and delivery details.
  • The exporter reserves the right to accept or reject any order, providing prompt notice to the buyer.

5. Shipping and Delivery:

  • The exporter shall arrange for the shipment of the rice to the agreed-upon destination port.
  • Delivery dates and shipping schedules shall be outlined in the contract.
  • Any delays caused by events beyond the control of the exporter shall not be the responsibility of the exporter.

6. Inspection and Acceptance:

  • The buyer has the right to inspect the rice upon arrival, and any claims for damage or discrepancies must be made within a specified period as outlined in the contract.
  • Acceptance of the rice by the buyer, or their representative, shall be considered final.

7. Quality Assurance:

  • The exporter guarantees that the exported rice meets the agreed-upon quality standards and specifications.
  • Any dispute regarding the quality shall be resolved amicably through negotiation.

8. Force Majeure:

  • Neither party shall be liable for any failure or delay in performance due to circumstances beyond their reasonable control.
  • In the event of a force majeure, the affected party shall promptly inform the other party of the situation and take reasonable measures to mitigate the impact.

9. Governing Law and Dispute Resolution:

  • This agreement shall be governed by and construed in accordance with the laws of [Country].
  • Any disputes arising from this agreement shall be resolved through arbitration in accordance with the rules of [Arbitration Institution].

10. Confidentiality:

  • Both parties agree to keep confidential any proprietary or confidential information disclosed during the course of this agreement.

11. Termination;

  • Either party may terminate this agreement with written notice if the other party breaches a material term of the agreement.

12. Entire Agreement;

  • This agreement constitutes the entire understanding between the parties and supersedes all prior agreements, whether oral or written.

These terms and conditions are a starting point and should be customized based on the specifics of your export transactions and applicable legal requirements. Always seek legal advice to ensure compliance with international trade laws.