Saturday, February 25, 2012

Warehousing & Distribution Services Ahmedabad Mundra Port Gujarat India


At Sahyog Group, we provide customised and cost effective warehousing and distribution solutions. By understanding our customers’ requirements and anticipating their future needs, we implement customized solutions that drive value for their businesses.

Dedicated Warehousing
If the scale, location or complexity of your business requires a dedicated solution, we have the expertise and infrastructure you need. Starting with a thorough analysis of your specific business requirements, our teams design, implement, operate and improve dedicated warehousing and distribution operations that deliver value to your business.

Consolidated Warehousing
We offer consolidated operations allowing greater efficiency in warehousing and distribution, achieving tangible cost savings for customers. Sahyog Group boasts with world-class warehousing facilities and the most up-to-date fleet.

Shared Warehousing and Distribution 
Through owned warehousing and distribution facilities together with the capability to innovate and expand, Sahyog Group offers the flexibility and cost advantages of sharing space, labour, equipment and transportation. While creating economy of scale and achieving tangible customer benefits, we focus on each customer and consistently deliver excellent service through dedicated key account management structures. 


For further details or requirements, Email us or send Enquiry

Friday, February 24, 2012

Customs Clearance Services Mumbai Nagpur Pune Maharashtra India

The Customs Clearance team at Sahyog Group offer experienced customs broker services and are here to provide you with all your customs clearance needs. We offer full services for both imports and exports, covering land, air and sea.

We have global expertise in both commodity classifications and all the various government rules and regulations to ensure rapid clearance of your goods through customs, correct classification of import and export materials whilst contunually ensuring that the correct customs duties are paid.

Our role is to ensure that all import and export cargo moves smoothly without unnecessary delays, whilst complying with all relevant statutory regulations.

Our customs clearance agents are experts in local specifications, classifications and regulations. This on-the-ground knowledge allows them to handle the administration tasks for you swiftly and without complication.

Our comprehensive range of services includes the preparation of all necessary declarations and reporting to the appropriate authorities. Furthermore it includes electronic pre-filing, customs consultancy and documentation processing as well as security sealing and certification.


For further details or requirements, Email us or send Enquiry

Saturday, February 4, 2012

Procuremen​t of IEC Code (Import Export Code) India


IEC Code (Import Export Code) is unique 10 digit code issued by DGFT – Director General of Foreign Trade , Ministry of Commerce, Government of India to Indian Companies. To import or export in India, IEC Code is mandatory. No person or entity shall make any Import or Export without IEC Code Number.

An application for grant of IEC number shall be made by the Registered/Head Office of the applicant and apply to the nearest Regional Authority of Directorate General Foreign Trade. The Application is to be made through ‘Aayaat Niryaat Form - ANF2A’ and shall be accompanied by documents prescribed therein.

Check List of Documents to apply for IEC Code

  1. Covering Letter on your company's letter head for issue of new IEC Code Number.
  2. Two copies of the application in prescribed format (Aayaat Niryaat Form ANF2A) must be submitted to your regional Jt. DGFT Office.
  3. Each individual page of the application has to be signed by the applicant.
  4. Part 1 & Part 4 has to be filled in by all applicants. In case of applications submitted electronically.
  5. No hard copies of Part 1 may be submitted. However in cases where applications are submitted otherwise, hard copy of Part 1has to be submitted.
  6. Only relevant portions of Part 2 need to be filled in.
  7. Rs 250.00 Bank Receipt (in duplicate)/Demand Draft/EFT details evidencing payment of application fee in terms of Appendix 21B.
  8. Certificate from the Banker of the applicant firm in the format given in Appendix 18A.
  9. Self certified copy of PAN issuing letter or PAN (Permanent Account Number) Card issued by Income Tax Authority.
  10. Two copies of passport size photographs of the applicant duly attested by the Banker of the applicant.
  11. Self addresses envelope with Rs.25/- postal stamp for delivery of IEC certificate by registered post or challan / DD of Rs.100/- for speed post.

We at Sahyog Group, help our clients in Procurement of Import Export Code (IEC) or amendment in the same. Sahyog Group is managed by its Directors & a team of well experienced Managers under whose supervision entire workforce continuously works to ensure the best of services to clients to their fullest level of satisfaction. 


For further details or requirements, Email us or send Enquiry

Marine Cargo Insurance Services Delhi Mumbai Kolkata Chennai India

Insurance on goods, wares, merchandise and other movable properties which may be exposed to marine hazards or perils during their transportation from one location to another.

You’d imagine the most important question would be “whose carelessness caused the loss or damage?” Even if you prove the carrier was careless, the maximum you can recover from the carrier is only a fraction of the value of the goods. You need your own Marine Cargo insurance.

Don’t rely on the carrier’s insurance. Marine cargo insurance covers physical damage to (or loss of) goods whilst in transit by land, sea & air.

Include the Marine Cargo Insurance point in your sales contract with other party, this makes clear who’s responsible for arranging marine cargo insurance. Both parties know where they stand. Premium’s are only a fraction of 1% of the value of the goods. You declare what the goods are worth for insurance purposes; the premium is a % of that. It’s a small price to pay for peace of mind, and future security of your business.

Always make sure your goods are insured appropriate to the mode of transport. Make sure your have insurance against General Average. Get advice from your Freight Forwarder or Insurance Broker.


For further details or requirements, Email us or send Enquiry

Thursday, January 19, 2012

Buyer Credit, Supplier Credit in Delhi Mumbai Kolkata Chennai India


Buyer’s Credit
Buyer’s Credit refers to loans for payment of imports into India arranged on behalf of the importer through an overseas bank. The offshore branch credits the nostro of the bank in India and the Indian bank uses the funds and makes the payment to the exporter’ bank as an import bill payment on due date.
Benefits of Buyer’s Credit:
The benefits of buyer’s credit for the importer are as follows:
·         The supplier is paid on due date; whereas importer gets extended date for making an import payment.
·         The importer can use this financing for any form of trade viz. open account, collections, or LCs.

Buyers Credit Process flow:
1.       The Indian customer will import the goods either under DC, Collections or open account.
2.       The Indian customer requests us before the due date of the bill to avail buyers credit financing.
3.       We contact overseas bank branches to provide a buyers credit offer letter in the name of the importer. Best rate is quoted to the importer.
4.       Overseas Bank to fund your existing bank nostro account for the required amount.
5.       Existing bank to make import bill payment by utilizing the amount credited.
6.       On due date existing bank to recover the principal and amount from the importer and remit the same to Overseas Bank on due date.

Regulatory Framework:
A. Amount and Maturity
  • Maximum Amount Per transaction : $20 Million
  • Maximum Maturity in case of import of non capital goods: upto 1 year from the date of shipment
  • Maximum Maturity in case of import of capital goods : upto 3 years from the date of shipment
B. All-in-cost Ceilings - 6 Month Libor + 350 bps *

Supplier’s Credit
Supplier’s Credit relates to credit for imports into India extended by the overseas suppliers or financial institutions outside India. Usance Bills under Letter of Credit (LC) issued locally on behalf of their importers are discounted by overseas banks, paying your suppliers at sight against issuance bills under l/c’s.
Process Flow of Transaction
1.       With transaction details importer approaches us to get suppliers credit for the transaction
2.       We arrange an offer letter from overseas bank on the transaction
3.       Importer confirms on pricing to overseas bank and gets LC issued from his bank, restricted to overseas bank counters with other required clauses
4.       Suppliers Bank sends the documents to Supplier’s Credit Bank.
5.       Supplier’s Credit Bank based on acceptance, discounts the bill and makes payment to Supplier.
6.       On maturity, Importer makes the payment to his bank and Importer’s bank makes payment to Supplier’s Credit Bank

Requirement
·         Should be LC backed.
·         Arrangement has to be done before LC gets opened. Incase of LC already opened, relevant amendment needs to be done.
·         LC to be restricted to suppliers credit providing bank under 41D clause of LC

Regulatory framework – same as buyer’s credit


For further details or requirements, send Enquiry

Saturday, December 31, 2011

Import Export Consultants Delhi Noida Gurgaon Ghaziabad India


Import export consultants are professionals who help businesses grow in overseas markets. The import export consultants are trained in international business liaison and can help businesses with market research, finding franchises, establishing distribution channels and designing advertising campaigns.

A growing number of businesses are finding it helpful to engage the expert consultation of an import export consultant for successfully launching their business ventures overseas. It is always beneficial to take help of Import Export Consultant because of following:

Knowledge of rules: The import export consultants are trained in international trade. They are equipped with the knowledge of international business norms, legal aspects and import-export regulations. They can also help businesses in understanding the cultural difference between the countries.

Knowledge of cultural diversity: The cultures and traditions across the nations, even within a nation, may vary widely. The success of a business in a foreign land depends largely on its acclimatization with the culture of that country. Businesses failing to absorb into the culture of their offshore locations are likely to experience setbacks. An import export consultant can help you eliminate such cultural hurdles and win customers. They have firsthand knowledge of different cultures to help you design the perfect advertisement campaign.

Fast business: It takes time to build business in overseas locations. A company is required to win the trust of the distributors and retailers as well as that of the customers. The job of an import export consultant is to help the businesses minimize time in setting up distribution channels find retailers, building advertising campaign and so on and so forth.

Help with law: The international laws vary widely and so are the laws between the countries. Businesses trying to establish themselves on foreign lands therefore are required to be aware of the trade laws, including custom laws, of the country. Further, they may also need to deal with the foreign banks. Import export consultants can help businesses dealing with such legalities.

We at Sahyog Group, are leading Export Import Consultants based in New Delhi, India. We are a team of professionals who work very closely with our Indian customers to setup their businesses overseas or foreign customers to setup their businesses in India.



For further details or requirements, send Enquiry

Thursday, December 22, 2011

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Customer Educations:

a) Banks should bring out a handbook containing the salient features of the simplified procedures for sanction of export credit in foreign currency at internationally competitive rates as well as in rupees for the benefit of their exporter-clients.

b) To facilitate interaction between banks and exporters, banks should periodically organize exporters' meet at centres with concentration of exporters.

Monitoring Implementation of Guidelines:

(i) Banks should ensure that exporters' credit requirements are met in full and promptly at competitive rates. The above referred guidelines must be implemented, both in letter and spirit, so as to bring about a perceptible improvement in credit delivery and related banking services to export sector. Banks should also
address the deficiencies, if any, in the mechanism of deployment of staff in their organisations to eliminate the bottlenecks in the flow of credit to the export sector.

(ii) Banks should set up an internal team to vist branches periodically, say, once in two months to gauge the extent of implementation of the guidelines.


For further details or requirements, send Enquiry