Short answer: ArtzFolio ships EXW Noida, meaning the price covers the goods at the factory and you arrange the freight. Name the rule, place and edition in any contract, and ask your accountant to confirm tax codes.
| Term | Meaning | Where it matters |
|---|---|---|
| EXW (ex-works) | The price covers the goods at the seller's premises and the buyer arranges the freight from there; for ArtzFolio the premises are in Noida. | Comparing quotes |
| EXW Noida | ArtzFolio's shipping term: goods at the Noida factory, packed to your plan; ArtzFolio assists with logistics and freight is extra. | Landed cost |
| Incoterms | Trade terms published by the International Chamber of Commerce that split tasks, costs and risk between seller and buyer; they apply only if the contract names them. | Contract wording |
| Incoterms 2020 | The edition that took effect on 1 January 2020, with eleven three-letter rules; name the rule, the place and the edition. | Contract wording |
| FCA and FOB | Rules that hand over at a carrier (FCA) or a ship (FOB). | Export sourcing |
| CIF | Adds seller-paid freight and insurance, but risk still passes at loading. | Cost versus risk |
| DAP | Delivers to your named place. | Delivered quotes |
| EAN-13 | A 13-digit barcode number in three parts: prefix, item reference and check digit. | Retail barcodes |
| Global Company Prefix | The country code plus your company prefix; GS1 India's country code is 890. | Barcode licensing |
| Item reference | The number you assign to each product or SKU. | Barcode numbering |
| Check digit | The final digit, calculated from the others, not chosen. | Barcode validity |
| HSN code | Harmonised System of Nomenclature: a numeric product code each tax invoice needs; the digits needed depend on the supplier's turnover: 4 up to 5 crore rupees and 6 above. | B2B invoices |
| 50% advance | ArtzFolio's published payment term: 50% in advance, balance as agreed, with the schedule set out before you pay. | Payment planning |
Back to the main private label glossary.
Sources: EXW Noida explained for buyers [S24]; Incoterms 2020 compared [S25]; how an EAN-13 number is built [S26]; GST and HSN codes for B2B orders [S27]; data/pl-published-terms.csv (pricing, how-it-works and questions pages), as of 2026-11-11 [S11]. As of 2026-11-12. Terms are typical and are confirmed in your written quote.