Trade Policy

Company Trade Policy

If you are on this page you must be looking forward to deal with our company. Following are few points on which our company deals

Domestic Trade (within India)

  • We can deal on LC (letter of Credit) payment terms.

OR

  • We compulsory ask for 60% advance to initiate our deal.

  • Remaining amount must be paid at our loading location, or we can discuss with the party and sort out for any other option like Bank Guarantee.

  • We expect you to visit our location to check quality being supplied to you or at least verify through video calling.

International Trade 

  • We deal on 50% advance and 50% amount on Irrevocable LC (letter of Credit) payment terms.

OR

  • We compulsory ask for 90% advance of CIF price to initiate our deal. 

  • It would take at least 3-5 days to execute order after the advance amount has been transfer.

  • We expect you to visit our location send your person to check quality being supplied to you or at least verify through video calling.

  • International trade presents a spectrum of risk, which causes uncertainty over the timing of payments between the exporter (seller) and importer (foreign buyer).

  • For exporters, any sale is a gift until payment is received. 

  • Therefore, exporters want to receive payment as soon as possible, preferably as soon as an order is placed or before the goods are sent to the importer.

  • For importers, any payment is a donation until the goods are received.

  • Therefore, importers want to receive the goods as soon as possible but to delay payment as long as possible, preferably until after the goods are resold to generate enough income to pay the exporter.

 Note: Hence, in the interest of both of us ,I would suggest for 50% advance  &                   50% LC Payment terms.

LC Payment Procedure