Admin 
Explore the world of CFR – Cost and Freight Incoterms. Learn how these trade rules simplify international shipping and reduce costs for businesses. Understanding CFR Incoterms® What Are CFR Incoterms? CFR is an acronym that stands for “Cost and Freight,” and it is one of the internationally recognized Incoterms used in global trade. CFR specifies … Read more
Unsure about the responsibilities of FOB Incoterms® 2020? This comprehensive guide clarifies everything! Learn who pays for what, risk transfer points, and how Incoterms® impact your international trade transactions Understanding the Basics of FOB FOB is an Incoterm that stands for “Free On Board,” and it denotes a critical phase in the international trading journey. … Read more
FAS, or Free Alongside Ship, represents an Incoterm that decides the seller responsible for delivering goods alongside the buyer’s ship at the stated port of shipping. This implies that the seller is responsible for clearing the items for export and putting them onto the ship, but the buyer is liable for any expenses and hazards … Read more
Free Carrier (FCA) is an Incoterms control that requires the seller to deliver the products to the buyer’s designated carrier at a specified location. From that point onward, the buyer is responsible for all costs and hazards. In this detailed tutorial, you will learn more about FCA obligations and hazards, and when to apply FCA … Read more
This guide explains why EXW (Ex Works) is still a great choice. We’ll show you when EXW can save you money and give you more control, and also tell you when other options might be a better fit for your situation. Understanding Ex Works – The Basics Welcome to the world of international trade, where … Read more
Understanding Incoterms 2020 is like having a powerful key to unlock international trade opportunities in the realm of export-import. This blog will walk you through the ins and outs of Incoterms, answering frequently asked questions and providing insights into how mastering Incoterms may help you achieve your worldwide business goals. Introduction: Mastering Incoterms in Export-Import … Read more
Are you prepared to go on a journey that will propel your company to new heights in 2024? Starting an import-export business is more than simply a commercial venture; it’s a chance to tap into worldwide markets, diversify your revenue streams, and be a part of the ever-changing face of international trade. This guide will … Read more
Discover all you need to know about partnerships and partnership deeds in India! This guide breaks down what a partnership entails, why having a deed is crucial, and what key elements you should include to safeguard yourself and your business endeavor. Introduction: Partnerships, a pillar of collaborative commerce, demonstrate the power of unity in the … Read more
A sole proprietorship is a simple way of doing business where one person is in charge of everything. They own and run the business all by themselves. Introduction: A sole proprietorship is a business structure that offers a unique blend of freedom and responsibility, allowing entrepreneurs to steer their destiny without the complexities of partners. … Read more
The Indian government has imposed a 40% export duty on onions until December 31, 2023, in a bid to stabilize onion supplies and control rising prices. Rohit Kumar Singh, the secretary of consumer affairs, mentioned that the government plans to enhance onion availability within the local market, especially considering the upcoming festival season. To achieve … Read more