Meaning of Export Contract

Meaning of Export Contract

Generally all export orders, including those for long term supply contracts and project exports, are invariably quoted on the basis of detailed documentation and written agreements signed by both, the importer and exporter. However, a fairly large part of India's exports is carried out without the backing of written export contracts.

This is especially true in the case of export of products from small scale and cottage industries like handicrafts, garments, jewellery, etc. However, absence of written contract does not mean that there is no contract at all. There has to be a contract if exports are to be made. There exists, in such cases, what is known as a 'constructed contract'.

A constructed contract is one where the existence of a contract can be inferred from relevant documents such as telex messages, proforma invoice, commercial invoice or letter of credit. The exporter must, however, make sure that all the information on which agreement is required are available on any or all of these documents.


Import General Manifest (IGM)

Importance of Bill of Lading

Introduction to this web site.

Is Airway bill a documents of title?

Is Customs House Agents (CHA ) required to be appointed mandatory?

Transferability of Bill of Lading

Transhipment - A redefinition

Travelers to India under import duty exemption, Frequently Asked Questions Part 2

Triangular export

Triangular shipment

Types of Insurance Documents.

Is DP terms of payment safe in export business?

Is Letter of Credit LC safe for an Importer?

Is ON BOARD CERTIFICATE required for LC negotiation

Who can inspect import cargo in US
Who decides shipping carrier on FOB shipments
Who gets benefits from this website?
Who is a ‘Manufacturer’ of excisable goods
Who is a prime banker to check authenticity of letter of credit?
Who is Stevedores
Who receives the amount of auctioned / resold imported unclaimed/un-cleared goods?
Why demurrage/detention waiver period is required at destination for import Transferability of Bill of Lading
Why do carriers balance weight and volume while charging freight amount in Exports?
How does CENVAT Credit work?
Why, best attention while preparing Export Invoice?
Is Letter of Credit LC safe for an Importer?
Is ON BOARD CERTIFICATE required for LC negotiation
What is said to contain in Bill of Lading.

Why does Palletization require?

Why labeling and marking in Export business?


BHARATHI DHASAN.S: How to get the order for perishable cargo from malaysia and singapore.

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