Locker in India over a month stranded, the seller will face what kind of consequences, as well as so
- Author:Cynthia
- Source:weiyun001.com
- Release Date:2018-01-23
inIndia, If the goods arrive in Hong Kong after the buyer does not pay delivery, the goods can be stored in the customs warehouse for up to 30 days, 30 days after the importer did not clear customs delivery and did not apply to the customs extension of customs clearance, the Customs the right to auction the goods; and if Exporters want to return the goods must be issued by the buyer signed a non-dissenting letter and other original documents.
This means that if Indian buyers refuse to accept the goods and do not cooperate with the issue of supporting documents, the exporting enterprises will not be able to resale and return the goods stranded in Hong Kong. The worst result that may be encountered in exporting to India is the stranded Hong Kong auction.
Locker in India over a month stranded, the seller will face what kind of consequences, as well as solutions!
Due to the difficulty in handling goods after rejection occurs, some local enterprises require exporters to reduce their prices by reason of rejection upon arrival. Sometimes, in order to obtain the goods at low prices, deliberately delay the delivery time and delay the delivery of goods Hong Kong, then auctioned back the goods in the customs, so that the export business suffered losses.
Even if the enterprises want to entrust professional channels for legal recourse, according to the processing time limit of the average judicial system in India, sometimes one case can be heard for a period of 7-10 years, which is also unaffordable for export enterprises of.
Remind export of foreign trade enterprises in India:
Indian law also has its own uniqueness in dealing with overdue buyers.
If the buyer overdue payment, the creditor has the right to bring a mandatory liquidation of the debtor to the court of jurisdiction.
If the buyer fails to reply 60 days after receiving the summons, his assets can be liquidated to cover the debt.
This system is highly deterrent to the debtor, a law that was used in the past to deal with the defaults of some Indian buyers, but at the operational level, the different characteristics and attributes of the case were also differentiated.
However, the export enterprises can give reference to the one hand, the buyer appears arrears, you can move out of the system as a bargaining chip to collect money, on the other hand, when the buyer is judged to be malicious delay in payment, the local The court filed an application to prevent buyers from transferring assets.
Locker in India over a month stranded, the seller will face what kind of consequences, as well as solutions!
India should pay attention to exports
1, for the ship has not arrived in Hong Kong, but the payment has been settled, do not need to worry about, but you can keep in touch with customers to help customers tide over the storm.
2, For those who have already shipped but have not settled the balance, promptly collect the payment from the customer, and the letter of credit payment method should be promptly submitted to negotiate for negotiation.
3, for the upcoming shipments, as far as possible before the settlement closing balance, communicate with customers to understand whether the export of goods is also selling the ranks of products, according to the actual situation to determine whether the shipment, we must adhere to the "no payment is not shipped" Principle, to avoid risks.
4, keep in touch with customers, pay attention to the local situation in India, focusing on shipping companies, freight forwarding and the Indian customs dynamics.
Return method
Exporters need to provide the original importer to give up the proof of the goods, the export receipt and the exporter asked to return the letter commissioned shipping agent in the port storage costs, agency fees and other reasonable costs for return procedures.
If the importer is reluctant to give the exporter to prove the documents are not required, the exporter can refuse to pay with the importer or delivery of the letter or by the bank or shipping agent to provide the importer does not pay redemption letter of correspondence, delivery documents and the seller's request Letter of consignment back to the cargo shipping agent directly to the Indian port of the relevant customs surrender request, and handle the relevant formalities.
If the goods are imported by the importer from the customs, due to quality problems to be returned, the importer has to pay the import tariffs can be returned, but can only be returned to the original 80% -90% of the tariff.
This means that if Indian buyers refuse to accept the goods and do not cooperate with the issue of supporting documents, the exporting enterprises will not be able to resale and return the goods stranded in Hong Kong. The worst result that may be encountered in exporting to India is the stranded Hong Kong auction.
Locker in India over a month stranded, the seller will face what kind of consequences, as well as solutions!
Due to the difficulty in handling goods after rejection occurs, some local enterprises require exporters to reduce their prices by reason of rejection upon arrival. Sometimes, in order to obtain the goods at low prices, deliberately delay the delivery time and delay the delivery of goods Hong Kong, then auctioned back the goods in the customs, so that the export business suffered losses.
Even if the enterprises want to entrust professional channels for legal recourse, according to the processing time limit of the average judicial system in India, sometimes one case can be heard for a period of 7-10 years, which is also unaffordable for export enterprises of.
Remind export of foreign trade enterprises in India:
Indian law also has its own uniqueness in dealing with overdue buyers.
If the buyer overdue payment, the creditor has the right to bring a mandatory liquidation of the debtor to the court of jurisdiction.
If the buyer fails to reply 60 days after receiving the summons, his assets can be liquidated to cover the debt.
This system is highly deterrent to the debtor, a law that was used in the past to deal with the defaults of some Indian buyers, but at the operational level, the different characteristics and attributes of the case were also differentiated.
However, the export enterprises can give reference to the one hand, the buyer appears arrears, you can move out of the system as a bargaining chip to collect money, on the other hand, when the buyer is judged to be malicious delay in payment, the local The court filed an application to prevent buyers from transferring assets.
Locker in India over a month stranded, the seller will face what kind of consequences, as well as solutions!
India should pay attention to exports
1, for the ship has not arrived in Hong Kong, but the payment has been settled, do not need to worry about, but you can keep in touch with customers to help customers tide over the storm.
2, For those who have already shipped but have not settled the balance, promptly collect the payment from the customer, and the letter of credit payment method should be promptly submitted to negotiate for negotiation.
3, for the upcoming shipments, as far as possible before the settlement closing balance, communicate with customers to understand whether the export of goods is also selling the ranks of products, according to the actual situation to determine whether the shipment, we must adhere to the "no payment is not shipped" Principle, to avoid risks.
4, keep in touch with customers, pay attention to the local situation in India, focusing on shipping companies, freight forwarding and the Indian customs dynamics.
Return method
Exporters need to provide the original importer to give up the proof of the goods, the export receipt and the exporter asked to return the letter commissioned shipping agent in the port storage costs, agency fees and other reasonable costs for return procedures.
If the importer is reluctant to give the exporter to prove the documents are not required, the exporter can refuse to pay with the importer or delivery of the letter or by the bank or shipping agent to provide the importer does not pay redemption letter of correspondence, delivery documents and the seller's request Letter of consignment back to the cargo shipping agent directly to the Indian port of the relevant customs surrender request, and handle the relevant formalities.
If the goods are imported by the importer from the customs, due to quality problems to be returned, the importer has to pay the import tariffs can be returned, but can only be returned to the original 80% -90% of the tariff.
India's main port
1. Port of Mumbai and Mumbai & Nhava Sheva
2. Cochin or Kochin
3. Chennai port (Chennai or Madars)
4. Kolkata
5. Visakhapatnam
6. Tuticorin
7. Candela Port (Kandla)
8. Port Maynor (renamed Kamarajar) (Kamarajar)
9. Panaji and Mormugao
10. Paradip
11. Mangalore (New Mangalore)
1. Port of Mumbai and Mumbai & Nhava Sheva
2. Cochin or Kochin
3. Chennai port (Chennai or Madars)
4. Kolkata
5. Visakhapatnam
6. Tuticorin
7. Candela Port (Kandla)
8. Port Maynor (renamed Kamarajar) (Kamarajar)
9. Panaji and Mormugao
10. Paradip
11. Mangalore (New Mangalore)