1. Scope & Applicability

These International B2B Trade Terms & Conditions govern all commercial quotations, purchase contracts, and deliveries of agricultural food commodities, spices, basmati rice, pulses, and oilseeds entered into by BTSR Trading India Pvt. Ltd. (herein referred to as the “Exporter/Seller”) with registered commercial buyers and importers (the “Buyer”).

2. Enquiries, Quotations & Proforma Invoices

All price indications on this portal or via electronic communication are invitations to treat. A legally binding purchase contract is concluded only upon the issuance of an official Proforma Invoice (PI) signed by BTSR Trading India Pvt. Ltd. and countersigned or accepted by the Buyer via Letter of Credit (L/C) or confirmed purchase order.

• Quotation Validity: Commodity price quotes are subject to market fluctuations and remain valid for forty-eight (48) hours unless explicitly stated otherwise in the Proforma Invoice.
• Minimum Order Quantity (MOQ): All orders are subject to strict MOQ thresholds per product line (e.g., Green Cardamom: 200 KG; Basmati Rice: 500 KG / 20ft FCL container loads).

3. Delivery Incoterms & Freight

Deliveries shall be executed in accordance with Incoterms® 2020 as agreed upon in the Proforma Invoice:

• FOB (Free on Board): Exporter bears costs and risks until cargo is loaded on board the vessel at the designated Indian port (e.g., Cochin Port, Mundra Port, JNPT Mumbai).
• CIF / CFR (Cost, Insurance & Freight): Exporter procures ocean freight and marine cargo insurance to the named foreign port of destination (e.g., Chittagong, Jebel Ali, Jeddah Islamic Port). Demurrage or detention charges at the destination port are the sole responsibility of the Buyer.

4. Payment Terms & Currency

Unless mutually agreed in writing, standard international B2B payment terms are:

• Letter of Credit (L/C): 100% Irrevocable, Confirmed Letter of Credit at Sight opened through a prime international bank.
• Telegraphic Transfer (T/T): 30% advance deposit with order confirmation; 70% balance payable against scanned copies of shipping documents (Bill of Lading, Phytosanitary Certificate, Certificate of Origin).
• Invoicing Currency: Transactions are quoted and invoiced in United States Dollars (USD) or Euros (EUR).

5. Quality Standards & Pre-Shipment Inspection

BTSR Trading India Pvt. Ltd. warrants that all commodities conform to the agreed technical specifications sheet and meet FSSAI, APEDA, and Spices Board of India standards. Pre-shipment inspection by an independent agency (such as SGS or Geo-Chem) is available upon request at the loading port.

6. Force Majeure

Neither party shall be held liable for failure or delay in fulfilling trade obligations if caused by circumstances beyond reasonable control, including natural catastrophes, severe crop failures, maritime blockades, embargoes, war, strikes, government export restrictions, or shipping line container shortages.

7. Governing Law & Arbitration

These Terms & Conditions and any commercial dispute arising therefrom shall be governed by and construed in accordance with the laws of India. Any unresolved controversy shall be referred to arbitration in accordance with the Indian Arbitration and Conciliation Act.