Inquiry and Offer under Exports
Exporter 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.
Registration procedures and formalities to obtain GSTIN
How many digits in GSTIN under Goods and Service Tax registration
Would multiple registration be allowed under Goods and Service Tax (GSTIN)?
Procedure for obtaining Registration number of GSTIN
Procedures to get GST Registration number for IT exempted proprietorship firms.
Process of application for registration under GST Act to obtain GSTIN
Different application Forms for registration under Goods and Service Tax Act (GSTIN)
Application for registration under GST Act to obtain GSTIN
GST registration and returns filing procedures for PSUs and Government entities
Re-registration of GST, Goods and Service Tax.
When to file Annual Return of GST online?
Procedures to claim reduction in output tax liability of GST in India
Procedures to claim Input Tax Credit under GST in India
When to file first Return of GST tax in India?
GST Tax returns filing – Who, How and When?
How is time of supply accounted under GST Tax Calculation
Valuation of GST under special cases
Valuation of GST Taxable supply
When to pay GST for supply of services?
When to pay GST?
Click here to know GST rate on Goods and Services
GST Exemption list of goods and services
Find HSN number or Service tariff code for GST
GST registration guidelines
Indian GST Laws
How to export your goods?
What is VACIS exam in US import customs clearance
When can an exporter release bill of lading from shipping company?
When does exporter get EP copy of shipping bill after customs clearance
Procedure for Central Excise Clearance Under Claim of Rebate
Customs procedures for Costa Rica Export
Registration required to export from Costa Rica
Import Customs processes in Costa Rica
Import Registration and import Licence procedures in Costa Rica
How to export from Bolivia?
How to Import to Bolivia?
How to import to India from Bolivia?