INTERNATIONAL TRADE GOVERNANCE & CONTRACTUAL FRAMEWORK

Terms of Supply

Standard commercial terms, grading tolerances, Incoterms® 2020 logistics rules, and payment procedures governing all international export consignments.

Governance Standard: Incoterms® 2020 · APEDA & FSSAI Compliant · Updated October 2026
01

Scope of Agreement & Purchase Orders

These Terms of Supply govern all commercial quotations, Proforma Invoices (PI), and Purchase Orders (PO) executed between Big Bang Exim (“the Seller”) and any buying corporate entity, distributor, importer, or manufacturer (“the Buyer”) for the export of certified Mithila Makhana (Foxnuts / Euryale Ferox).

Quotations issued by the Seller remain valid for the period specified on the Proforma Invoice (standard: 7 calendar days), accounting for seasonal raw harvest price fluctuations in Bihar, India.


02

Standardized Suta Grading & Quality Parameters

All consignments are processed and classified using precision mechanical sieves calibrated to traditional Indian Suta standards (1 Suta = 3.175 mm):

  • 7 Suta Jumbo (22.2 mm+): Super-jumbo caliber, premium consumer retail packaging.
  • 6 Suta Premium (19.0 mm – 22.1 mm): High-volume commercial roasting and supermarket shelf tier.
  • 5.5 Suta Select (17.4 mm – 18.9 mm): Industrial seasoning, private label roasting, and confectionery.
  • 5 Suta Standard (15.8 mm – 17.3 mm): Mass retail roasting, snack blends, and flour manufacturing.
  • 4 Suta Commercial (12.7 mm – 15.7 mm): Commercial food ingredient, extrusion, and bakery applications.
Standard Export Quality Tolerances:
• Moisture Content: Maintained under 10.0% – 12.0% at time of dispatch.
• Purity / Cleanness: >99.5% free from foreign matter, stones, or hard shells.
• Broken Seeds: <2.0% allowable transit allowance.
• Aflatoxin & Microbiological: Compliant with EU, US-FDA, and Codex Alimentarius standards.

03

Delivery & International Incoterms® 2020

Export contracts are structured under Incoterms® 2020 guidelines as agreed upon in the Proforma Invoice:

  • FOB (Free on Board): Origin loading at Nhava Sheva (JNPT Mumbai) or Kolkata Port. Seller is responsible for domestic transport, export packaging, customs clearance, and loading aboard the vessel.
  • CIF (Cost, Insurance & Freight): Seller arranges freight and minimum marine cargo insurance to the Buyer’s designated international seaport.
  • CFR (Cost & Freight): Ocean freight prepaid to the destination port, with marine insurance arranged by the Buyer.
  • FCA / Air Freight: Priority air cargo for perishable samples and rush commercial consignments via IGI Airport (DEL) or Kolkata (CCU).

04

Minimum Order Quantity (MOQ) & Packaging

Unless explicitly agreed otherwise in writing:

  • Standard Container MOQ: One 20ft FCL (Full Container Load, ~3.0 – 3.5 metric tons due to volume displacement) or 40ft High Cube FCL (~7.5 – 8.5 metric tons).
  • LCL / Trial Consignments: Available on select routes with a minimum threshold of 500 kg.
  • Bulk Packaging: 8 kg / 10 kg / 12 kg multi-wall food-grade corrugated cartons or food-grade vacuum-sealed PP woven bags with inner LDPE moisture barriers.
  • OEM / Private Label Packaging: Custom printed pouches, nitrogen flushed, pre-labeled with barcodes and multilingual nutritional panels per buyer specifications.

05

Payment Terms & Settlement Currency

Accepted commercial payment modalities include:

  • Letter of Credit (LC): 100% Irrevocable Letter of Credit confirmed at sight by a prime international bank.
  • Telegraphic Transfer (TT): Standard 30% advance deposit upon Proforma confirmation, with 70% balance payable against surrender of scanned Bill of Lading (B/L) and shipping documents.
  • Currencies: Invoiced in USD ($), EUR (€), or GBP (£) as mutually specified.

06

Export Certifications & Documentation

Every export consignment shipped by Big Bang Exim is accompanied by full international statutory documentation:

  • Commercial Invoice & Detailed Packing List
  • Clean on Board Ocean Bill of Lading / Airway Bill
  • Official Phytosanitary Certificate issued by Plant Quarantine Authorities (Govt. of India)
  • Certificate of Origin (COO) validating authentic Mithila origin and cluster provenance
  • APEDA & FSSAI Batch Traceability Compliance Certificate
  • Third-Party Inspection Certificate (SGS / Bureau Veritas / Eurofins) upon request

07

Inspection, Claims & Force Majeure

The Buyer has the right to inspect the cargo at the destination port within seven (7) business days of container discharge. Any claim regarding quantity discrepancies or material quality deviations must be communicated in writing with photographic and independent surveyor evidence within this timeframe.

Neither party shall be liable for non-performance resulting from Acts of God, war, civil unrest, export embargoes, maritime blockades, natural disasters, or severe climatic disruption to the Mithila agricultural harvest clusters.


08

Governing Law & Arbitration

These Terms of Supply are governed by the commercial laws of the Republic of India. In the event of an unresolvable commercial dispute, the matter shall be referred to arbitration in accordance with the Indian Arbitration and Conciliation Act, 1996, with the seat of arbitration in Bihar, India.