Trade Glossary
Plain-English definitions of the India trade, customs, and shipping terms exporters and importers need — IEC, ITC-HS, Incoterms, and more.
Incoterms 2020 for Indian Importers and Exporters
The Incoterms Indian traders use most — EXW, FOB, CFR, CIF, DAP, DDP — who bears cost and risk at each stage, and how to quote them correctly
LC vs TT: Payment Methods for Indian Importers & Exporters
Compare Letter of Credit and Telegraphic Transfer for Indian traders: risk, cost, bank documentation, FEMA/RBI considerations, and when to use each
ITC-HS Codes: Classifying Imports & Exports in India
What the ITC-HS classification is, how India extends the global HS system, why the right code matters for duty and licensing, and how to find the code for
What is an HS Code? Basics for Indian Traders
HS code basics for Indian importers and exporters: structure, how duty and policy hang off classification, and how India's ITC-HS extends it