Terms & Conditions of International Trade

1. Governing Contract & Quotations

All international export sales, quotations, and container contracts issued by SHANVI FOOD AGRO EXPORTS are governed by the formal Proforma Invoice (PI) and mutually signed Sales Contract. Commodity pricing is subject to agricultural market fluctuations prior to contract execution.

2. Quality Specifications & Inspection

Products exported by SHANVI FOOD AGRO EXPORTS (including Basmati Rice, Spices, Wholesome Cookies, and Ginger Garlic Paste) meet the technical parameters detailed in the relevant product specification sheet. Pre-shipment quality and quantity inspections by an authorized third-party surveyor (SGS, Intertek, or equivalent) at port of origin are conclusive.

3. IncoTerms® 2020 Compliance

Terms of delivery (CIF, FOB, CFR, EXW) are interpreted strictly in accordance with ICC Incoterms® 2020. Under CIF terms, marine insurance is provided covering 110% of invoice value under Institute Cargo Clauses (A).

4. Payment Terms

Accepted payment mechanisms include 100% Irrevocable Confirmed Letter of Credit (LC at Sight) from a prime international bank, or structured Telegraphic Transfer (TT) advances as formalized in the contract.

5. Jurisdiction

Export contracts are executed in Delhi, India, and subject to the exclusive jurisdiction of the competent courts in Delhi, India, or mutually agreed international arbitration under ICC rules.