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Sales Contract Export Import

Sales Contract Export Import Template for India

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Key Requirements PROMPT example:

Sales Contract Export Import

"I need a Sales Contract Export Import for my pharmaceutical company to export medical devices to Germany, with specific provisions for quality control, EU compliance, and a Letter of Credit payment arrangement with quarterly deliveries starting March 2025."

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Document background
The Sales Contract Export Import is a fundamental document used in international trade transactions under Indian jurisdiction. It is essential when Indian companies engage in cross-border sale of goods, whether as exporters or importers. This contract type is specifically designed to comply with Indian legal requirements while incorporating international trade practices and customs. It addresses key aspects such as product specifications, pricing, delivery terms, payment mechanisms (including Letters of Credit), quality standards, and export-import compliance requirements. The document becomes particularly crucial for transactions requiring specific licenses under Indian export-import regulations, involving foreign exchange transactions under FEMA, or requiring compliance with international trade standards. It serves as the primary legal framework governing the rights and obligations of parties in international sales transactions.
Suggested Sections

1. Parties: Identification of seller and buyer with complete legal names, registration details, and addresses

2. Background: Recitals explaining the context of the trade relationship and purpose of the agreement

3. Definitions and Interpretation: Definitions of key terms and interpretation rules, including applicable Incoterms

4. Scope of Contract: Description of goods, quantities, and general nature of the trade arrangement

5. Price and Payment Terms: Pricing details, currency, payment method, timeline, and documentary requirements

6. Delivery Terms: Specified Incoterm, delivery schedule, shipping arrangements, and transfer of risk

7. Quality and Inspection: Quality specifications, inspection procedures, and certification requirements

8. Documentation: Required export-import documentation, certificates, and compliance requirements

9. Title and Risk: Transfer of ownership and risk allocation between parties

10. Representations and Warranties: Standard and specific warranties regarding goods and trade compliance

11. Export-Import Compliance: Compliance obligations with trade laws, licenses, and regulations

12. Force Majeure: Events excusing performance and related procedures

13. Term and Termination: Duration, renewal, and termination provisions

14. Dispute Resolution: Jurisdiction, governing law, arbitration, and dispute resolution procedures

15. General Provisions: Standard boilerplate clauses including notices, amendments, and entire agreement

Optional Sections

1. Intellectual Property Rights: Include when goods involve trademarks, patents, or licensed technology

2. Confidentiality: Include when sensitive technical or commercial information is shared

3. Insurance: Detailed insurance requirements when not fully covered by chosen Incoterm

4. Bank Guarantee: Include when payment security through bank guarantee is required

5. Letter of Credit Terms: Include when payment is through Letter of Credit

6. Agency/Distribution Rights: Include if buyer receives any territorial distribution rights

7. After-Sales Service: Include for goods requiring installation, maintenance, or warranty service

8. Training and Technical Support: Include when seller must provide training or technical assistance

9. Product Liability: Include detailed liability terms for high-risk or consumer products

10. Sanctions Compliance: Include specific sanctions compliance when trading with sensitive regions

Suggested Schedules

1. Schedule 1 - Product Specifications: Detailed technical specifications of goods

2. Schedule 2 - Pricing Schedule: Detailed pricing, including any volume discounts or price adjustment mechanisms

3. Schedule 3 - Delivery Schedule: Detailed delivery timelines and milestones

4. Schedule 4 - Quality Standards and Testing Procedures: Detailed quality parameters and testing methodologies

5. Schedule 5 - Required Documentation: List of all required shipping, customs, and compliance documents

6. Schedule 6 - Approved Packaging Specifications: Packaging requirements for international shipping

7. Schedule 7 - Form of Bank Guarantee: Standard format for bank guarantees if applicable

8. Schedule 8 - Letter of Credit Terms: Detailed L/C requirements and conditions if applicable

9. Appendix A - Compliance Certificates: Copies of required compliance certificates and licenses

10. Appendix B - Insurance Requirements: Detailed insurance coverage requirements and terms

Authors

Alex Denne

Head of Growth (Open Source Law) @ tiktok³ÉÈË°æ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

alex.den.21@genieai.co
Relevant legal definitions



















































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Relevant Industries

Manufacturing

Textiles and Apparel

Agriculture and Food Processing

Pharmaceuticals

Automotive

Electronics and Technology

Chemical Industry

Consumer Goods

Heavy Machinery

Metals and Mining

Renewable Energy

Defense and Aerospace

Relevant Teams

Legal

International Trade

Finance

Supply Chain

Logistics

Procurement

Compliance

Risk Management

Operations

Commercial

Quality Assurance

Documentary Credits

Business Development

Relevant Roles

Export Manager

Import Manager

International Trade Compliance Officer

Supply Chain Manager

Chief Financial Officer

Legal Counsel

Commercial Director

Trade Finance Manager

Logistics Manager

Procurement Manager

Business Development Manager

Risk Management Officer

Operations Director

Quality Assurance Manager

Documentary Credit Specialist

Industries










Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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