Friday, May 28, 2010

Import and Documentation

Import for the manufacturer and Merchant/ Trader are the Different aspects as far as the Negotiation of Contract and Customs Clearance are Concern.

Negotiation for Importer : The Import contracts are having differed for Manufacturer and Merchants/ Trader. The Manufacturer have the Liberty and Authority to bind the Supplier to Supply the material at Low Cost for Preferred Quality. In Some of the Cases the Same Liberty and Price offered to Merchant/ Trader as well.

Some of the World leading manufacturing Companies are Dealing with only with manufacturing Buyers or Bulk Buyers and for the Traders they have appointed their Authorised Agents who sell their Products.

Clearance From Indian Customs : The Indian Customs Department has the Different approach for the both type of Importers Manufacturer and Merchant/ Trader.

The manufacturer Importers get the Import Licence and  Lesser procedural Hurdles compare to Merchant / Trader Importer. The Price of Imoprt and valuation aspects are the Essential for Importers.

Do Remember to make the Contract Involving the Pricing, Quality, Payment and Delivery conditions before Importing any thing in to India.

Bhadresh Bhatt   

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