Name: Tanish Sharma

Enrollment no.: 05019103520

BBA LLB 8

INTERNATIONAL COMMERCIAL LAW

PSDA ASSIGNMENT

In international sales, the obligations of the buyer and seller are typically
outlined in a contract between the parties. The rights and duties of each
party are often governed by international trade conventions, such as the
United Nations Convention on Contracts for the International Sale of Goods
(CISG) or specific terms agreed upon in the contract. Here are the general
obligations of both the buyer and the seller in international sales:
Seller's Obligations:
1. Delivery of Goods: The seller is responsible for delivering the
goods in accordance with the terms specified in the contract. This
includes the quantity, quality, and description of the goods.
2. Transfer of Ownership: The seller must transfer ownership or the
right to transfer ownership of the goods to the buyer in accordance with
the terms of the contract.
3. Conformity of Goods: The seller is obligated to ensure that the
goods conform to the specifications outlined in the contract and are free
from any defects.
4. Packaging and Labeling: The seller must provide goods properly
packaged and labeled in accordance with the contract and any
applicable international standards.
5. Documentation: The seller is typically responsible for providing the
necessary documents, such as the invoice, bill of lading, and any other
documents required for the buyer to take delivery of the goods.
6. Export Licenses and Permits: If required, the seller must obtain
and pay for any export licenses or permits necessary for the export of
the goods.
7. Notice to the Buyer: The seller must give the buyer sufficient notice
of the shipment and any other relevant information for the buyer to take
delivery of the goods.
Buyer's Obligations:
1. Payment: The buyer is obligated to pay the agreed-upon price for
the goods within the specified time frame as per the contract.
2. Taking Delivery of Goods: The buyer must take delivery of the
goods in accordance with the terms of the contract, including the place
and time specified.
 3. Examination of Goods: The buyer has the duty to examine the
goods promptly upon receipt to ensure that they conform to the contract
and are free from defects.
4. Notice of Non-Conformity: If the goods do not conform to the
contract, the buyer must notify the seller within the agreed-upon time
frame or within a reasonable time.
5. Import Licenses and Permits: The buyer is responsible for
obtaining and paying for any necessary import licenses or permits
required for the importation of the goods.
6. Payment of Duties and Taxes: The buyer is typically responsible
for paying any import duties, taxes, and other charges associated with
the importation of the goods.
It's crucial for both parties to clearly define their respective obligations in
the sales contract, taking into consideration the terms of international trade
conventions, the nature of the goods, and the specifics of the transaction.
Consulting legal professionals with expertise in international trade law can
help ensure that the contract adequately addresses the rights and
responsibilities of both the buyer and the seller.