Maitri Enterprises is strategically positioned in central-western part of the Indian sun-continent, next to the largest Indian port named Jawaharlal Nehru Port Trust (JNPT, Nhava Sheva) in the India's commercial capital Mumbai and with excellent access to most regional markets in the country. We are Importing Apple, Kiwi, Pears, Dragon fruit, Oranges, Plum, Mandarin, from South Africa, Eastern and western Europe, UAE, USA, New Zealand, Egypt, Turkey, Vietnam, Iran, Serbia and Chile.
Based on our understanding of global fresh produce trade practices, experience of dealing with multitude of suppliers from various countries and based on the Indian produce import regulations and operating conditions, we have formulated Maitri enterprises fresh Produce Import Terms and conditions document covering all the relevant statutory, documentation, logistics, costs, commercial and practical issues.
Sweetness / Sugar content is an overwhelmingly important criterion for consumer acceptance of fresh fruits in India. The variety / harvesting maturity selection for exports to India should keep this aspect in mind. The Supermarket culture in India is in the developing stage. The Market is still dominated by subsistence scale small retailers, wholesalers, B2B and E commerce industries.
Maitri Enterprises imports a range of fresh fruits on
Maitri Enterprises will have to pay full 100% advance per carton before the shipment arrive. Sometimes the amount of advance payment will be mutually agreed in 2 parts between Maitri enterprises and the supplier on Cost-Insurance-Freight (CIF) basis with destination port as JNPT Nava Sheva, India.1st part payment at the time of booking and 2nd balance payment will be at the time of loading against scan documents of bill of lading.
On finalization of the CIF based terms of advance payment, the suppliers are required to send a proforma invoice stating the number of cartons, marks, net/gross weight, Payment break up and port of shipment with expected date of shipment. The proforma invoice should state the complete bank details of the supplier - account number, bank name/address, contact phone/fax numbers, contact person, swift address, any special payment routing instructions etc. This detailed information would help efficient timely remittance of advance amount.
Suppliers are required to confirm with the shipping lines 10 free days on arrival of material at Indian port. No demurrage, detention, storage, handling, plugging, monitoring or any other charges should be levied by the shipping company for the first ten days since the arrival of the container at JNPT PORT. This period is typically required for completing the documentation, statutory compliance etc, in India, before the container is released to importer.
After clearance of container by paying import duty and other charges from Nhava sheva port, it will be transferred to the high standard refrigerated cold storage for temperature-sensitive consumables to retain product characteristics, active ingredients, freshness, and nutritive values for longer durations. At the time of unloading quality will be checked by the quality controller and if found any issue will be called for 3rd party quality inspection.
After sound arrival of Container, the same would be sold in Pan India to wholesaler, B2B customer, Supermarkets, E commerce buyer with the credit period of 15 days to 30 days. Gross sales realization for the entire consignment is computed in Indian Rupees.
In this trade Maitri Enterprises will have to pay some advance per carton before the shipment arrive. The amount of advance payment will be mutually agreed in 2 parts between Maitri enterprises and the supplier on Cost-Insurance-Freight (CIF) basis with destination port as JNPT Nava Sheva, India.1st part payment at the time of booking and 2nd balance payment will be after sales.
After sound arrival of Container by paying Import duty and other charges, the same would be sold in Pan India to wholesaler, B2B customer, Supermarkets, E commerce buyer, under intimation to the suppliers. Gross sales realization for the entire consignment will be computed in Indian Rupees. We will give sales Report on a weekly basis. On finalization of sales, we would compile an account sales statement. All costs incurred after the receipt of material in India will be reflected in the said statement. Main costs heads are import customs duty, cold storage charges, Maitri Enterprises commission @ 5% to 8% on the gross sales realization, advance payment and other costs like clearance charges, local transportation and delivery costs etc. incurred in india.
All costs incurred will be deducted from the gross sales realizations and the positive balance, if any, will be remitted to the suppliers. As all the transaction is on free Consignment Sales basis, the suppliers stand committed to remit to Maitri Enterprises the negative balance, if any. Typical import customs duties in India for fresh produce are in the region of 30% to 50% percent of CIF value basis.
