Trade Flock - How to Import Solar Panels From China? TradeFlock - Import Cosmetics from China | Page 11

PRE-IMPORT PROCEDURE Selecting the Commodity: Importers should select their beauty products as goods only after considering various commercial factors as well as regulations contained in the EXIM Policy. Import of restricted cosmetic prod- ucts is permitted only through licensing. embassies abroad. Selecting the Overseas Supplier: Importers can Import Cosmetics from China and any country of the world and the information regarding the suppliers can be obtained from various, generals, international trade fairs and exhibitions and trade directories Consulate chamber of commerce. Role of Overseas Suppliers Agents in India: Some reputed and renowned overseas suppliers have their agents stationed everywhere. These agents take orders from the firms/companies and arrange for the supply of goods from their principal abroad. Therefore, it is necessary to import through such agents as they can be readily contacted in case of an emergency or if there is any dispute regarding quality or quantity of, receipt of payment, documentation formalities, etc. of imported goods. Capability and Creditworthiness of Overseas Supplier: Successful completion of the transaction of the imported beauty products mainly depends upon of the overseas supplier’s creditworthiness and capability. Therefore, it is always necessary to verify the Capacity of the supplier to fulfill the contract through confidential reports about him from the banks and Indian An Inquiry, Offer and Counter-Offer: It is advisable that before finalizing the terms of import order of beauty products, one should call for the samples/catalog and other specifications of the items to be imported. Then after satisfying himself/herself with the samples/catalog and specifications, the importer should proceed to finalize the terms of the contract to be entered into. 11