India Trade Contract — Import & Export · Контракт.Онлайн

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 · DAP

Settlement currency

Since July 2022 the Reserve Bank of India has allowed foreign trade settlements in rupees (INR) through Special Rupee Vostro Accounts of correspondent banks (RBI A.P. (DIR Series) Circular No. 10 of 11.07.2022) — check with your bank for the current options for your specific route.

INR · currency

Currency control

For contracts from 3 million RUB (import) or 10 million RUB (export), the bank registers it and assigns a unique registration number. The bank fills in the bank control statement from the contract and requests additional documents if information is missing. The builder's contract already contains this information.

173-FZ · registration number

Customs clearance

For 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% VAT

FAQ

Questions about trade contracts with India

Answers on drawing up a contract with a company from India

For imports from India, you can choose FOB (Free on Board) — the seller delivers the goods onto the vessel at an Indian port (Mumbai, Chennai, Nhava Sheva), and the buyer bears all costs afterward. CIF — the seller covers freight and insurance to the Russian port of destination. The choice depends on the arrangement with the supplier and logistics options.

Specify in the contract the currency your bank supports for settlements with India. The Reserve Bank of India has allowed settlements in rupees (INR) since July 2022 through Special Rupee Vostro Accounts of correspondent banks. Check the current options with your bank in advance.

Yes — for both import and export. Under 173-FZ, payments under the contract go through currency control at the bank; for contracts up to 1 million RUB, the transaction type code suffices instead of documents (para. 2.7 of Instruction 181-I). For deals from 3 million RUB (import) or 10 million RUB (export), the contract is registered and assigned a unique registration number. The contract must specify delivery or service terms, deadlines, payment procedure, and both parties' details.

For example: pharmaceuticals and medicines, textiles and clothing, chemical products, metals and metal products, food products (spices, tea, rice). The contract should state the HS code — our generator includes search across the full nomenclature.

For exports from Russia to India, you can choose FCA (Free Carrier) — handover of the goods to the carrier in Russia. Check India's import duties and certification requirements for the specific product. The contract should include a detailed product description and HS code.

No. No account or company profile is required — fill in the form and provide an email address for the finished document. Payment is a one-time charge, no subscription.

No. The document is generated in bilingual format from the start — Russian and English text run in parallel columns in one file. There is no need to order a translation separately; both texts are legally equivalent.

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DOCX · Word / LibreOffice Bilingual EN/RU Incoterms 2020

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Russia Trade Contract with India: A Practical Guide

Indian company details in the contract

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.

Checking an Indian company

When vetting a counterparty, request an MCA21 extract and confirm the company has "Active" status.

Indian IT outsourcing: contract specifics for services

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.

Logistics: shipping routes from India to Russia

Routes: via the Suez Canal to St. Petersburg or Novorossiysk; via Iranian ports such as Bandar Abbas — then along the North–South International Transport Corridor; air freight for pharmaceuticals and perishable cargo. The route affects the delivery terms and the advance-refund deadline in the contract.

Russia Trade Contract with India Online

What the draft already fills

Import of goods from India

Export of goods to India

Import of services from India

Export of services to India

Which contract fits working with India