The differences between INCOTERMS V/S Payment Terms can be hard to differentiate.
Even some of the most experienced members of the international trade community get the two mixed up. Despite their similarities, each has its own unique details that differentiate the two and require them to be used in certain situations rather than others.
The INCOTERMS rules are used in a sales agreement and define the responsibilities and obligations of both parties and help traders in different countries to understand one another.
Payment term means how and when to pay. For example, 30% deposit + 70% at ship date.
COVERAGE:
- Types of International Payment Terms
- Role of Bank in difference types of Payment Terms
- Involvement of Risk in each Payment Terms
- Meaning of INCOTERMS
- Understanding on Why INCOTERMS?
- Understanding on What INCOTERMS does?
- Understanding on What INCOTERMS describe?
- Understanding of Groups of INCOTERMS with examples
- INCOTERMS Rules 2020
- Role of service providers in different INCOTERMS
- Price Calculation method in different INCOTERMS with examples
DATE & TIME : Saturday, January 7, 2023 – 5:00 to 8:00 PM
PROGRAMME FEE : Rs.450/- including GST@18%.
FACULTY: Mr. Dhaval Shah, Founder, V-Care Group, International Shipping & Logistics. Provider, Specialized in Handling of Dangerous Goods and Trainer
Date
- 07-Jan-2023
- Expired!
Time
- 5:00 pm - 8:00 pm
Cost
- ₹450.00
More Info
Location
- AMA Seminar Hall
- Ahmedabad Management Association, Dr. Vikram Sarabhai Marg, ATIRA Campus, Vastrapur
Organizer
-
Industries Commissionerate, Govt of Gujarat
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