If you are a Importer of A4 Paper in INDIA , Read this !!

There is a Huge requirement of A4 Paper in Indian market due to the shortage of raw material and many more factors which enables the business people to look into imports . Paper and paper products are a all time demand products in the market globally! Most of the indian importers are carried away by the brands like " Double A " ( MOSTLY ) . They say in the market of india it has a premium quality and good prints ( Ofcourse its true even i have used it ) . But you need to understand that established Brands has already their distributorships in almost all metro cities in india . When the brand is already having its distributorships in other country , they have already singed legal agreements with the investor here ( or has taken distributorships ) that all goods will route through you for any orders we get in your region . If it all you are getting a Supplier who is Going to supply the same brand to you , and if you import you require a NOC From brand , so that you can safely import without hurdles . The countries where indian importers try to import is thailand , indonesia , philiphines , spain . Thailand is the main country where most importers are fooled ( i am not blaming any country here , its the mistake done from indian importers due to lack of knowledge ) , they ask advance , L/C , Escrow payment , pay for factory visit etc NEVER NEVER Give any Advance nor raise any L/C Because without seeing the goods how are you going to pay any single penny whom you dont know? ( dont play a blind game ). The best practice is if you are a real importer and has requirements fly down to that country sit in front manufacturer who has stock , get into cash and carry deal .  IF YOU GIVE ADVANCE WHAT HAPPENS ? In the trade practices , Normally We tend To give advance to the exporter only if we trust him , know him through reference . In paper deals Most of the time you end up paying to the wrong supplier and importers are bankrupted. Even the Embassy office of india in Thailand has left a Notification that " we have received number of complaints from importers that after they pay to supplier the goods never came to india " . So NEVER Pay advance .  IF YOU GIVE L/C , WHAT HAPPENS ? Its a safest method for both exporter and importer , but in Paper deals , as the supplier will accept L/c at first when it comes to implementation of the deal the supplier fails to supply as he doesn't have the credit worthiness hence its a loss to the Buyer on various bank charges which adds up to 5 % . Your payments are safe but Losing 5% for nothing is not worth . So BEWARE . My story - We had imported 2 containers of A4 paper in the year 2014 and had sold out immediately in chennai port. at that time we went to thailand chose the goods as per our requirement we settled in cash and arranged for the shipping from bangkok to chennai by ourselves . at that time we paid 24% duty + 5% was our expense + local tax was the expense towards our trade . > **STORIES IN PAPER TRADE - THEY ASK YOU PAY 30 % ADVANCE , 40 % PACKING 30% ON SHIPMENT . NEXT THEY WILL ASK YOU TO PAY FOR FACTORY VISIT , PAY THROUGH L/C , PAY THROUGH ESCROW PAYMENT , SOME CLAIM I AM A GOLD MEMBER OF ALIBABA , SOME SHOW YOU FAKE PAST SHIPMENTS DOCUMENTS , SOME WILL CALL YOU TO THEIR COUNTRY BUT WILL NOT ANSWER YOUR CALL ONCE YOU LAND IN THEIR COUNTRY. PRICES BELOW 1USD IS POSSIBLE IN THAILAND COUNTRY'S MALL BUT THOSE ARE NOT ALLOWED TO BE EXPORTED . SO BEWARE!!!** WHAT SHOULD BE DONE NOW ? You wont get the supplier in social medias , the data given by XYZ Company is another way of making Easy money . The only best way is Fly to that country , Check the stock , check the quality , Get it tested by yourself or by third party agency like SGS . Opt for cash and carry only as of today . You have to check the import duty , shipping cost , Local tax in order to get the figure for your calculations. Dont loose your hard earned money to a looser! Protect our country from defaming 🙂 If you feel worth reading it , Spread it across your network . Lets save us and our country men. ☺️ If you Would like to get Updated in your Exim Journey Join this group #Learneximimport . Comment below on your queries , i would be happy help Cheers Santhosh Raghavan