Export Policy

This Export Policy governs all cross-border transactions facilitated by Baanhi Private Limited ("Baanhi"). It outlines the documentation, compliance obligations, prohibited categories, buyer responsibilities, and regulatory frameworks applicable to all export orders placed through baanhi.com.

All orders resulting in international shipment from India are subject to this policy in addition to the Terms of Trade. In the event of any conflict between this policy and the Terms of Trade, this Export Policy shall prevail on matters related to export compliance.

Baanhi is committed to operating in full compliance with Indian export regulations, including the Foreign Trade (Development and Regulation) Act, 1992, and all notifications issued by the Directorate General of Foreign Trade (DGFT).

Baanhi prepares and provides the following export documentation as standard with every international shipment:

Commercial Invoice: Itemised list of goods with FOB/CIF/DDP value, HS codes, and complete buyer and seller details. Required by destination customs for duty assessment.

Packing List: Detailed breakdown of carton count, individual weights, dimensions, and packaging method per SKU.

Certificate of Origin (COO): Confirms goods are manufactured in India. Required to claim preferential duty rates under applicable trade agreements including ASEAN FTA, UAE-CEPA, and SAFTA.

Shipping Bill: Filed with Indian customs via the ICEGATE portal for export clearance. Also required to process IGST refund on exports.

Bill of Lading (B/L) / Airway Bill (AWB): Title document issued by the freight carrier. For sea shipments (B/L) and air freight (AWB). Released upon payment confirmation.

GI Certificate: Where applicable, confirms Geographical Indication certification of products. Issued by the relevant GI authority under the Government of India.

Additional documentation required for specific markets will be coordinated by Baanhi's trade desk: - EU market: REACH compliance declarations for relevant dyes and materials - US market: FDA declarations for food-contact ceramic products - Gulf markets: Certificate of Conformity where required - Any other market-specific documentation as notified by the Buyer

All products exported through Baanhi are classified under the Harmonised System (HS) of tariff nomenclature in accordance with the Customs Tariff Act, 1975 (India). HS codes are assigned by Baanhi based on product category and material composition and are included on all Commercial Invoices.

Buyers are responsible for verifying applicable import duty rates, import licensing requirements, and product compliance standards in their destination country using the HS codes provided. Baanhi does not assume responsibility for import duty calculations or import clearance in the destination country.

Common HS code categories for Baanhi products include: - Chapter 57: Carpets and textile floor coverings - Chapter 58: Special woven fabrics; lace; tapestries; embroidery - Chapter 63: Other made-up textile articles - Chapter 69: Ceramic products - Chapter 44: Wood and articles of wood - Chapter 46: Manufactures of straw, esparto, bamboo, rattan - Chapter 97: Works of art, collectors' pieces, and antiques (select GI items)

If a Buyer requires a specific HS code classification for customs purposes, this must be communicated prior to the Pro Forma Invoice stage.

All Baanhi quotations are issued on an FOB (Free on Board) basis unless otherwise specified in writing. Alternative Incoterms including CIF (Cost, Insurance & Freight), CFR (Cost & Freight), and DDP (Delivered Duty Paid) are available upon request and subject to freight assessment.

FOB: Baanhi delivers goods to the named port of shipment in India. Risk and cost transfer to the Buyer at the point of loading. Buyer arranges freight, insurance, and import clearance.

CIF: Baanhi arranges freight and insurance to the named destination port. Risk transfers to the Buyer upon loading in India. Buyer responsible for import clearance and duties.

DDP: Baanhi delivers goods to the named destination, cleared through customs, with all duties paid. Full end-to-end service. Available for select markets — confirm with trade desk.

The Incoterm applicable to your order will be stated on the Pro Forma Invoice. Any changes to Incoterms after invoice issuance must be confirmed in writing and may affect pricing.

Baanhi coordinates international shipments via the following modes:

Sea Freight (LCL/FCL): Standard mode for large or heavy orders. LCL (Less than Container Load) for shipments under 15 CBM. FCL (Full Container Load, 20ft or 40ft) for larger volumes. Estimated transit: 18–35 days to Europe/North America, 10–18 days to Gulf/Southeast Asia.

Air Freight: For high-value, time-sensitive, or small-volume orders. Estimated transit: 3–7 days globally. Significantly higher per-kg cost than sea freight.

Courier (DHL/FedEx/UPS): For samples, trial orders, and gift sets under 50kg. Estimated transit: 3–5 days globally. Highest per-unit rate.

Baanhi works with established freight partners including DHL and select freight forwarders. The Buyer may nominate their own freight forwarder, subject to prior notification and coordination with the Baanhi trade desk.

Shipping timelines are estimates only and are subject to carrier schedules, port conditions, weather, and customs clearance. Baanhi is not liable for delays caused by the freight carrier or customs authorities.

Certain categories of goods are subject to export restrictions or prohibitions under Indian law and cannot be exported through Baanhi regardless of buyer request.

Prohibited Categories: - Antiques (items over 100 years old) — regulated under the Antiquities and Art Treasures Act, 1972 - Wildlife products — regulated under CITES and the Wildlife Protection Act, 1972 - Protected species materials including ivory, tortoiseshell, and certain animal skins - Goods listed on India's Prohibited Export list under the ITC (HS) Classification

Restricted Categories (require specific licences or compliance): - Products containing natural dyes of animal origin - Select wood species protected under CITES Appendix II/III - Religious artefacts of cultural heritage significance

GI-Certified Products: Alterations to GI-certified products beyond traditional design parameters may affect their export eligibility under GI certification. Baanhi will advise on permissible modifications.

Buyers are responsible for ensuring imported goods comply with all applicable regulations in their destination country, including product safety standards, labelling requirements, import licences, and restricted substance regulations (e.g., REACH in the EU).

All cross-border payments received by Baanhi Private Limited are governed by the Foreign Exchange Management Act, 1999 (FEMA) and Reserve Bank of India (RBI) regulations on export proceeds.

Export proceeds must be received within 9 months of the date of export for goods, as required under FEMA. Baanhi will issue export invoices in USD (or agreed currency) consistent with FEMA compliance requirements.

Buyers must ensure that payments are remitted through banking channels in compliance with the laws of their country of residence. Any restrictions on outward remittances in the Buyer's jurisdiction are the Buyer's responsibility to manage.

Advance payments received from foreign buyers are classified as advance against exports under RBI guidelines and must be utilised for the corresponding shipment within the prescribed timeframe.

IGST Refund: Export of goods from India is treated as a zero-rated supply under the IGST Act. Baanhi will process IGST refund claims on exported goods through the ICEGATE portal. Buyers are not directly involved in this process.

Buyers engaging Baanhi for export orders accept the following obligations:

Import Compliance: The Buyer is solely responsible for ensuring that imported goods comply with all laws, regulations, and standards applicable in the destination country, including import licences, product safety certifications, labelling requirements, and restricted substance regulations.

Accurate Information: The Buyer must provide accurate information regarding the intended destination, end use, and end user of all goods. Providing false or misleading information for export purposes constitutes a violation of Indian export control law.

Sanctions Compliance: Buyers must confirm that neither they nor their organisation appear on any applicable sanctions list (UN, US OFAC, EU, or equivalent). Baanhi reserves the right to decline orders where sanctions exposure is identified.

Re-export Restrictions: Buyers must not re-export Baanhi goods to sanctioned territories or in violation of any applicable export control regulations.

No Onward Commitments: Buyers must not make commitments to their end customers regarding delivery timelines, product specifications, pricing, or certifications before receiving written confirmation from Baanhi.

Baanhi strongly recommends that all Buyers arrange cargo insurance for international shipments. Under FOB terms, risk transfers to the Buyer at the port of loading in India. From that point, loss or damage in transit is the Buyer's risk.

Baanhi can arrange cargo insurance on the Buyer's behalf as an optional add-on to CIF or CIF-equivalent quotations. The cost of cargo insurance will be clearly stated on the Pro Forma Invoice where applicable.

Where the Buyer chooses not to insure the shipment, Baanhi bears no liability for loss, damage, theft, or delay in transit.

For high-value shipments (above USD 10,000), cargo insurance is strongly advised and may be a condition of certain shipping arrangements at Baanhi's discretion.

For questions regarding export compliance, documentation requirements, or specific market regulations, contact the Baanhi trade desk:

Email: trade@baanhi.com Platform: baanhi.com/contact

This Export Policy is reviewed and updated periodically to reflect changes in Indian export regulations and international trade requirements. The "Last Updated" date reflects the most recent revision. Buyers are responsible for reviewing the current version of this policy prior to placing each order.

Continued engagement with the Baanhi platform constitutes acceptance of the current Export Policy.