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Advance against goods sent on consignment basis:
When the goods are exported on consignment basis at the risk of the exporter for sale and eventual remittance of sale proceeds to him by the agent/consignee, bank may finance against such transaction subject to the customer enjoying specific limit to that effect.However, the bank should ensure while forwarding shipping documents to its overseas branch / correspondent to instruct the latter to deliver the documents only against trust receipt/undertaking to deliver the documents only against which should be within prescribed date even if according to the practice n certain trades a bill for part of the estimated value is drawn in advance against the exports.


About Us:
At Sahyog Group, We pride ourselves in being a one stop shop service provider for a complete range of services.

These include the following:
  • Setting up of a most suitable type of business organization
  • Securing registration with the Regional Licensing Authority (IEC No.), Export Promotion Councils, Sales  Tax Authorities etc.
  • Understanding of new Foreign Trade Policy & procedures
  • Obtaining credit limit for the buyer/buyer's country from ECGC.
  • Preparing / Obtaining Export documents
  • Shipping & customs clearance of the goods and Indian customs EDI system.
  • Obtaining export incentives under the Duty Drawback Scheme, marketing development Assistance , Focus  
  • marketing scheme, Focus products scheme, license etc.


For more details, please contact Sahyog Group at:
Mobile: +91-9811157957
Phone: +91-11-22015854 / 55 / 56


Skype: sahyoggroup
E-mail: raj@sahyogfreight.com