Inquiry and Offer under Exports

 

Inquiry and Offer under Exports

 

Inquiry and Offer under ExportsExporter mayreceive inquiries, directly. An inquiry is a request from the prospective buyer to keep him informed of the terms and conditions of sale. Any export inquiry has to be attended with promptness and meticulous care. It is to be remembered that importers are in an advantageous position many exporters compete to clinch the deal.

If the inquiry is from a new person it is usual to inquire about the credentials of the potential importer. Importer may furnish his bank reference or trade reference. Trade reference means the importer may furnish the names of persons with whom he had business dealings, earlier, to facilitate the exporter to gather required details.

As export business is becoming highly competitive, many a time, exporters have to take the initiative, without waiting for inquiries, in identifying potential buyers by gathering information from trade journals which publish trade inquiries.

Whatever be the mode of gathering information, exporter has to react with speed and elegance by submitting the offer, through proforma invoice, with detailed literature in respect of product such as specifications, quality, packing, price, mode of transport and period required for supply of goods, after receipt of confirmed order. An offer is a proposal, which may be in the form of a letter or proforma invoice. It is desirable to send samples as they speak better about quality, which is the main criterion for selection of exporter. When it is necessary to send samples, current regulations, in force, are to be followed.

 

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When to pay GST?


Comments


Tradella International : I Just Visited your Website,First of all thank you for sharing knowledge with importers and exporters.Have read your Post about GST and Import.But Still I have Some Doubts that I will Pay Tax Only One Time at the Time of Import not at the time of selling.? Can You Post an Example By Taking One Product and what will be the procedure of taxes when you import and sell in a different state It will be a lot easier for many people like me. Hope To Get Positive Reply From You Thank You

Sreejesh Pillai : i am sreejesh from kerala would like to import electronic goods from china. do i need an import license. what are the procedures to clear goods in the port. how much money i have to spend in the port to clear goods. actually i have a shop license and tin no. can you please help me out sir

Sreejesh Pillai : i am sreejesh from kerala would like to import electronic goods from china. do i need an import license. what are the procedures to clear goods in the port. how much money i have to spend in the port to clear goods. actually i have a shop license and tin no.

ganga dhar : I need to enquire about GST rates on conference satin ribbon badges which are used at conference functions and also I need the GST rates for flags and shawls used at school functions

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