In this article, I endeavored to convey every aspect of an International/ cross boarder transaction and to explain them. It may be helpful to students of the subject and professionals & managers who are doing international transactions; to understand the whole plethora written across the world. The international trade and planning a cross boarder transaction, is very interesting thing and more an art than any specific ruling or science. Though most of the international transactions are being done with ones guts and instincts but the planning had also find its way in every transaction.