Incoterms are a set of rules which define the responsibilities of sellers and buyers for the delivery of goods under sales contracts. They are published by the International Chamber of Commerce (ICC) and are widely used in commercial transactions.
THE LOWER PART IS BASIC UNDSERTANDING OF INCOTERMS MEANING USED IN INTERNATIONAL BUSINESS. GET A IDEA OF INCOTERMS AND NOW KINDLY SEE INCOTERMS 2020 AFTER THIS BLOG INCOTERM 2020
INCOTERMS IN HINDI –
STEP 1 – https://www.youtube.com/watch?v=GG2Ea4UvyrY
Cost, Insurance and Freight (CIF): https://youtu.be/6qo97MJ2hWU
Cost and Freight (CAF): https://youtu.be/kXE43TzjNFQ
Carriage and Insurance Paid (CIP): https://youtu.be/J3FRj1p1SMU
Carriage Paid To (CPT): https://youtu.be/rLONZ8DW77Q
Delivered At Place (DAP): https://youtu.be/dwFvJIYgSF8
Delivered At Terminal (DAT): https://youtu.be/tE3GC_23xWk
Delivered Duty Paid (DDP): https://youtu.be/0Gy1OWVUVCA
Ex Works (EXW): https://youtu.be/uDKthkXM2n8
Free On Board (FOB): https://youtu.be/ISP7S2CDisY
Free Carrier (FCA): https://youtu.be/CqBJuGxKTNM
Free Alongside Ship (FAS): https://youtu.be/0Jpl8Aq92wk
Bill of Lading: https://youtu.be/xZd76YxHDrg
Letter of Credit: https://youtu.be/0UiLLhNhBiI
Bank Guarantee: https://youtu.be/GWtBvqYYXbI
Letter of Undertaking: https://youtu.be/ZNllCCuco8k
INCOTERMS IN ENGLISH
Directorate General Of Foreign Trade | Ministry Of Commerce And Industry | Government Of India,Trade 