From Seller to Buyer: A Comprehensive Guide to Incoterms 2020″

From Seller to Buyer: A Comprehensive Guide to Incoterms 2020″

October 10, 2023

From Seller to Buyer: A Comprehensive Guide to Incoterms 2020″

by
246 246 people viewed this event.

Bombay Chamber of Commerce & Industry is organizing a Virtual session on “From Seller to Buyer: A Comprehensive Guide to Incoterms 2020”.

Context:

Incoterms, short for International Commercial Terms, are standardized rules by the ICC for global trade. They define responsibilities, risk transfer, delivery, and cost allocation between buyers and sellers. Understanding and using Incoterms correctly is crucial in international business, helping select the right term based on transport, insurance, and control preferences, reducing disputes. This also includes practical examples and case studies. Legal implications and documentation requirements are highlighted, stressing the need for proper incorporation into contracts and specific documentation for each Incoterm. Incoterms are a vital framework for clear and efficient international trade.

This session intends to cover all the major aspects of Incoterms 2020 for both buyers and sellers.

What will this session cover?

  • Introduction to Incoterms: Provide a brief overview of what Incoterms are and their purpose in international trade.
  • Understanding the meaning, obligations, and responsibilities for both the buyer and the seller.
  • Discussing the transfer of risk, delivery obligations, and cost allocation.
  • Selection of the most suitable Incoterm for their specific trade transactions, considering factors such as mode of transport, insurance coverage, and desired level of control.
  • Common misconceptions and pitfalls , common misunderstandings or misconceptions related to Incoterms, and provide guidance on how to avoid potential pitfalls or disputes.
  • Practical examples and case studies demonstrating how different Incoterms can be used in various trade scenarios.
  • Legal implications and documentation: Discuss the legal implications of using Incoterms, including the importance of incorporating them correctly into contracts and the necessary documentation required for each Incoterm.

Speaker Profile :

Ms. Manisha Thaker – Vice President Trialliance Global Solutions India Pvt Ltd , EXIM faculty , Corporate trainer in Exports Imports and Logistics Supply Chain Management with more than 20+ years of Industry experience. She is Specialized in handling exports of dangerous goods , breakbulk and project cargo and award winner as ‘’ Gujarat Women Leader ‘’ recognized by World Women’s Leadership congress and She has added stars to her professional career as receiving awards from Associations and federations as ‘’The Most Innovative company in projects and quality excellence in customer service.

Proposed program :

11.00 am to 11.05 am Opening Remarks
Mr. Pravin Rane- Joint Director, Bombay Chamber of Commerce
11.10 am to 12.30 pm Session: From Seller to Buyer: A Comprehensive Guide to Incoterms 2020″
Ms. Manisha Thaker, Vice President Trialliance global solutions India
12.30 pm to 1.00 pm Q&A

Participation Fee :

Members Rs. 1,000 + 18% GST per participant
Non-Members Rs. 1,200 + 18% GST per participant

 

Bank Details for NEFT
Account No. 10996680930
IFSC CODE SBIN0000300
Bank Name State Bank of India
Branch Address Mumbai Main Branch

Cheque /Demand Draft should be drawn in favor of “BOMBAY CHAMBER OF COMMERCE AND INDUSTRY”

Payment through UPI: bombaychamber@sbi

For any assistance contact:

Mr. Siddhesh Pawar, siddhesh.pawar@bombaychamber.com
T: +91 9372553716

For any trade queries or partnerships contact:

Mr. Pravin Rane, pravin.rane@bombaychamber.com
T: 022-61200219 / +91 9594971479

Additional Details

Event Fees Type - Paid Event

Event or Seminar - workshop

Event registration closed.
 

Date And Time

October 26, 2023 11:00 AM to
October 26, 2023 01:00 PM
 

Registration End Date

October 26, 2023
 
Paid Event
 
Online Event
 
Workshop
 

Committee

Share With Friends

instagram default popup image round
Follow Me
502k 100k 3 month ago
Share