EXPORT IMPORT KNOWLEDGE
Export Samples to Foreign / Overseas buyers
The below information is a important part of Export Import business. One must keep a caring / watchful eyes, when deal in export import samples to buyers. One must follow all necessary steps according to buyers’ instructions whenever they send samples to them. It should be in good quality and in time delivery manner with competitive cost working. As a beginner for export import, some of you may need a proper and informative support as to how export samples can be sent to buyer at foreign countries. It is a simple procedure while deal in export import business or get good knowledge.
Export samples can be sent in following manner –
Sample as FREE OF COST to buyer
Most of the cases, when someone approaches the buyer for export business or supply of goods to them from their country, buyer needs the samples without any investment or without paying any sample / courier cost. They need to study the samples in terms of quality, constructions and all beneficial aspects in mind. Here, one has to send the samples and prepare a no-commercial invoice stating samples details and nominal sample cost. They should also mention on the invoice that THE SAMPLES ARE BEING SENT FREE OF COST WITHOUT INVOLVING ANY FOREIGN TRANSACTIONS. VALUE DECLARED FOR CUSTOM PURPOSE ONLY. Here custom may require some marking / identification on the samples to show that it is only sample to generate the business or quality purpose. If it is inexpensive product then custom will allow passing samples free of cost. Here our responsibility is to send the samples at own cost and paying courier / sea / air cost by self.
Sample on chargeable basis
In some of the cases, the product is expensive then supplier need to charge the product cost or sample sending cost (through courier or other means) from the buyer. In this case, supplier send the samples on chargeable basis with a valid COMMERCIAL INVOICE with actual product cost. In this case, if the samples are in good quantity or a high value product then custom at destination may charge a custom duty on the invoice value. As per agreement, buyer send the product cost to supplier in advance or after receiving the samples.
Some of the cases, it is agreed between buyer and supplier that they will charge the sample cost and once an order is finalized then they deduct sample cost on the invoice (in the final order cost) to reimburse the sample cost.
Samples on collection basis through nominated agent of buyers
Here, there is a mutual agreement between buyer and suppliers that suppliers will complete the samples and will hand over it to their nominated agent. Now it is their agent’s responsibility to send the samples further to buyer at their cost and at their suitable ways. This is a good process to save some courier cost at the initial stages of business.
G.GANESHA
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