Terms of Trade

These General Terms govern the sale and delivery of goods by Annkor Exim ("Seller") to the purchasing entity ("Buyer"). These terms apply to all transactions unless explicitly overridden by a specific Sales Contract or Proforma Invoice signed by an authorized director of Annkor Exim.

Due to the volatile nature of global commodity markets, all price quotations (via email, WhatsApp, or formal letter) are valid only for the End of Business Day (IST) on which they are issued, unless a specific validity period is mentioned. Contracts are only formed upon the return of a signed Proforma Invoice.

We adhere to ICC Incoterms® 2020.

Accepted modes are strictly limited to secure channels:

• Advance T/T: Telegraphic Transfer.
• Irrevocable L/C: At sight, from a top-tier bank.

Goods are shipped with a Certificate of Analysis (COA). Buyers are entitled to appoint third-party surveyors (e.g., SGS, Geo-Chem) at the loading port at their own expense to verify quality and quantity before shipment.

Seller shall not be liable for non-performance or delay caused by events beyond reasonable control, including Acts of God, war, port congestion, government export bans, or shipping line failures. Timelines shall be extended reasonably in such events.

These terms are governed by the laws of India. Any disputes not resolved amicably shall be subject to the exclusive jurisdiction of the courts in Gujarat, India.