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Piac.com.pk st Tender Ref Z2NN600325 Dated 15th December 2016 Tender Cost PK Rs. 1 500. 00 Printable at paper size A4 page. Piac.com.pk or www. ppra.org. pk websites. http //www. piac.com.pk/PIABusiness/pia-BusinessTenders. Tel 92-21-99045131 / 5379 Fax 92-21-34570120 E-mail zameer. hussain piac.aero / khijhpk piac.aero Website www. The decision of Director Procurement Logistics in this respect shall be final and binding. Inco Terms DDP Deliver Duty Paid Only DDP Inco terms are acceptable....
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01
Step 1: Understand the basics of Inco Terms.
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Step 2: Determine the specific Inco Terms applicable to your trade transaction.
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Step 3: Familiarize yourself with the responsibilities and obligations of each Inco Term.
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Step 4: Identify the correct Inco Term for your trade transaction based on the delivery method and location.
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Step 5: Incorporate the chosen Inco Term into your trade contract or agreement.
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Step 6: Clearly communicate the chosen Inco Term to all parties involved in the transaction.
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Step 7: Ensure compliance with the chosen Inco Term throughout the entire trade process.
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Step 8: Seek professional advice or assistance if needed to interpret or implement the Inco Terms correctly.

Who needs inco terms - pakistan?

01
Exporters in Pakistan who engage in international trade.
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Importers in Pakistan who purchase goods from foreign suppliers.
03
Freight forwarders and logistics providers in Pakistan involved in the transportation of goods.
04
Customs and clearance agents in Pakistan responsible for facilitating imports and exports.
05
International trade consultants and professionals in Pakistan who advise on trade transactions.
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Inco terms refers to a set of international rules that define the responsibilities of sellers and buyers for the delivery of goods under sales contracts. These terms are recognized worldwide and are used to avoid misunderstandings in international trade.
Any party involved in international trade, including sellers, buyers, importers, exporters, and freight forwarders, may be required to use inco terms when negotiating shipping and delivery terms.
To fill out inco terms for a trade transaction in Pakistan, parties must agree on the specific terms to be used and clearly specify the responsibilities of the seller and buyer regarding the delivery of goods, transportation costs, insurance, and other relevant details.
The purpose of inco terms in Pakistan is to provide a standardized set of rules that can be easily understood and agreed upon by parties involved in international trade. These rules help to clarify the obligations and responsibilities of each party during the shipment and delivery of goods.
Inco terms in Pakistan must include details such as the delivery point, the allocation of transportation costs and insurance, the transfer of risk from the seller to the buyer, and any other specific terms agreed upon by the parties.
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