Import Export Agreement Template for India

An Import Export Agreement governed by Indian law is a comprehensive commercial contract that establishes the terms and conditions for international trade between parties. This agreement complies with Indian legislation including the Foreign Trade (Development and Regulation) Act, 1992, and FEMA 1999, while incorporating international trade practices and Incoterms. It covers essential elements such as product specifications, pricing, delivery terms, quality standards, regulatory compliance, risk allocation, and dispute resolution mechanisms, providing a robust framework for cross-border trade transactions.

Typically:
i
This cost is based on prices provided by
6 legal services in your market.
With Genie AI:

£0

i
Generate and export your first
document completely free.
Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Get template free
Upload to review

Your data doesn't train Genie's AI

You keep IP ownership of your docs

4.6 / 5
4.6 / 5
4.8 / 5

What is a Import Export Agreement?

The Import Export Agreement is a crucial document for businesses engaged in international trade with Indian entities or under Indian jurisdiction. This agreement is essential when companies wish to establish a formal trading relationship for cross-border commerce, whether for single or recurring transactions. It ensures compliance with Indian trade laws, including the Foreign Trade (Development and Regulation) Act, Customs Act, and FEMA, while also addressing international trade practices and standards. The document covers all critical aspects of the trading relationship, from commercial terms to regulatory requirements, making it suitable for both experienced international traders and companies new to import/export operations. It's particularly important given India's complex regulatory environment and the need for clear documentation in international trade.

What sections should be included in a Import Export Agreement?

1. Parties: Details of the exporter and importer, including full legal names, registration numbers, and addresses

2. Background: Context of the trade relationship and purpose of the agreement

3. Definitions: Definitions of key terms used throughout the agreement, including trade terms (Incoterms)

4. Scope of Agreement: Details of products/services to be imported/exported and general terms of trade

5. Terms of Sale: Pricing, payment terms, currency, and payment methods

6. Delivery Terms: Incoterms rules, shipping arrangements, delivery schedule, and transportation responsibilities

7. Quality and Inspection: Product specifications, quality standards, inspection procedures, and acceptance criteria

8. Compliance Requirements: Export/import licenses, permits, certifications, and regulatory compliance obligations

9. Representations and Warranties: Parties' declarations regarding authority, product quality, and compliance with laws

10. Title and Risk: Transfer of ownership and risk in goods

11. Term and Termination: Duration of agreement and grounds for termination

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

13. General Provisions: Standard boilerplate clauses including force majeure, notices, and amendments

What sections are optional to include in a Import Export Agreement?

1. Intellectual Property Rights: Used when products involve patents, trademarks, or other IP rights

2. Exclusivity: Include when parties agree to exclusive trading arrangements

3. Export Incentives: Include when utilizing government export promotion schemes

4. Insurance: Detailed insurance requirements beyond standard coverage

5. Customs Clearance: Specific customs handling procedures when complex clearance is required

6. Storage and Warehousing: Include when intermediate storage arrangements are needed

7. Training and Support: Used when technical products require training or ongoing support

8. Packaging Requirements: Detailed packaging specifications for special products

9. Bank Guarantees: Include when additional financial security is required

10. Confidentiality: Detailed confidentiality provisions for sensitive trade information

What schedules should be included in a Import Export Agreement?

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

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

3. Schedule 3 - Shipping Schedule: Detailed delivery timelines and shipping requirements

4. Schedule 4 - Quality Standards: Specific quality parameters and testing procedures

5. Schedule 5 - Compliance Certificates: List of required certificates and compliance documents

6. Schedule 6 - Insurance Requirements: Detailed insurance coverage requirements

7. Appendix A - Required Documents: List of documents required for import/export

8. Appendix B - Contact Details: Key contacts for both parties for various aspects of trade

9. Appendix C - Standard Operating Procedures: Detailed procedures for order placement, shipping, and claims

10. Appendix D - Approved Packaging Specifications: Detailed packaging requirements and standards

Authors

Alex Denne

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

Jurisdiction

India

Publisher

Genie AI

Document Type

Export Agreement

Cost

Free to use

Find the exact document you need

Import Export Agreement

A commercial agreement governing international trade transactions under Indian law, establishing terms for import/export operations between parties.

Download

Export Sales Agreement

An Indian law-governed agreement establishing terms for international sale of goods, incorporating local export regulations and international trade practices.

Download

Export Commission Agent Agreement

An agreement under Indian law establishing terms between an exporter and commission agent for facilitating international sales in specified territories.

Download

Contract For Export Of Goods

An India-governed agreement establishing terms for international export of goods, ensuring compliance with Indian trade laws and regulations.

Download

Import And Export Contract

An Indian law-governed agreement establishing terms for international import and export transactions, ensuring compliance with Indian trade regulations and international trading practices.

Download
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it