Mak Indus | Global Trade & Logistics
Last Updated: March 6, 2026
Mak Indus utilizes Incoterms® 2020 to define the responsibilities of buyers and sellers in international transactions. These terms clarify when delivery obligations are fulfilled, who bears customs duties, and the point at which risk transfers.
Mak Indus clears goods for export and pays ocean freight to the destination port. Risk transfers to the buyer once loaded onto the vessel.
Similar to CNF, but Mak Indus secures minimal marine insurance for the buyer's benefit.
Only applies if explicitly agreed in writing.
Mak Indus bears all costs/risks to the final destination, including import duties and local taxes.
Export Clearance: Mak Indus handles all export documentation and clearance from Pakistan unless otherwise stated.
Import Responsibilities: Unless explicitly stated as DDP, the Buyer is responsible for all import duties, VAT/GST, brokerage fees, and local port charges.
All delivery dates are estimates and subject to port congestion or customs inspections.
Standard Documentation Provided:
Must be irrevocable and issued by a reputable international bank. Compliance is critical for release of funds.
Documents are released by the buyer’s bank only upon full payment at sight.
Telegraphic Transfers must be clearly specified in the sales contract prior to shipment.
Documents released against a promise to pay on a future specified date (30-90 days).
Unless shipped under CIF terms, Insurance is the Buyer's responsibility. We strongly recommend procuring marine cargo insurance covering loss, theft, and handling damage during transit.