Import and export of goods and services with India — a bilingual EN/RU contract for the bank and customs in 5 minutes
Choose contract type →Four contract types — for any deal structure with an Indian partner
A Russian company purchases goods from an Indian supplier: pharmaceuticals, textiles, metals, chemicals.
A Russian company sells goods to an Indian buyer: fertilizers, metals, energy resources.
A Russian company receives services from an Indian contractor: IT development, outsourcing, engineering.
A Russian company provides services to an Indian client: IT, consulting, engineering design.
Key terms to reflect in the contract
Import from India: FOB Mumbai or FOB Chennai — the seller loads onto the vessel at the Indian port, sea freight is the buyer's cost; CIF — the seller covers freight and insurance to the Russian port. Export to India: FCA Moscow/St. Petersburg — handover to the carrier in Russia, DAP — delivery to the buyer's warehouse.
FOB · CIF · FCA · DAPSettlements in Indian rupees (INR) are limited in Russian practice due to conversion difficulties. Some Russian banks have opened rupee correspondent accounts — check with your bank for the current options for your specific route.
INR · currencyFor contracts from 3 million RUB, the bank registers it and assigns a unique registration number. The contract must include: payment terms, delivery deadlines, both parties' details. Our template complies with 173-FZ requirements.
173-FZ · registration numberFor import and export of goods, the contract is submitted to customs together with the declaration. An HS code is mandatory — our generator has built-in search across 13,000+ entries. Exports to India also require confirmation of the zero VAT rate.
HS code · declaration · 0% VATAnswers to the most common questions
Indian companies are registered as a Private Limited (Pvt. Ltd.) or Public Limited (Ltd.). The main identifier is the CIN (Corporate Identity Number), a 21-digit code issued by the Ministry of Corporate Affairs (MCA). The contract also lists the GSTIN — India's equivalent of a VAT payer ID. For bank details: India uses an IFSC code (11 characters) — a domestic bank branch identifier, and a standard SWIFT/BIC for international settlements.
Most Indian exporters are concentrated in a few states: Maharashtra (Mumbai) — pharmaceuticals, chemicals, machinery; Tamil Nadu (Chennai) — auto components, leather, textiles; Gujarat — petrochemicals, diamonds, textiles; Karnataka (Bangalore) — IT services and software. When vetting a counterparty, request an MCA21 extract and confirm the company has "Active" status.
India is a world leader in IT services exports. Russian companies increasingly engage Indian developers and consultants. In a contract for importing IT services, it's critical to specify: the scope of work as an appendix, the acceptance procedure for deliverables, intellectual property rights, and the governing law. Russian governing law with arbitration at the ICAC under the Russian Chamber of Commerce and Industry is recommended.
Direct sea links between India and Russia are limited. Main routes: via the Suez Canal to St. Petersburg or Novorossiysk (25–35 days); via Iranian ports such as Bandar Abbas — then along the North–South International Transport Corridor (15–20 days, growing in popularity); air freight for pharmaceuticals and perishable cargo. The route affects the delivery terms and the advance-refund deadline in the contract.