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Chapter: 11th Commerce : Export and Import Procedures

Intermediaries in Import Trade

1. Indent Houses/ Import Agent 2. Clearing Agent

Intermediaries in Import Trade

1. Indent Houses/ Import Agent

This intermediary is specialized in a particular trade. He charges fees for his service. Importer has to enter into contract with indent house to avail himself of his service

Services rendered by Indent Houses/ Import Agent

The services rendered include the following

·           Helping the importer get orders from foreign countries

·           Providing information about the availability of goods of various types and arranging credit facilities to importer

·           Maintaining regular contact with the exporter and obtaining sample and transmitting it to the importer

2. Clearing Agent

Clearing Agent is specialised in clearing the goods from the port of discharge destination and transport it over to the importer. They fulfill the various custom formalities on behalf of the importer and get the goods cleared from the port. They charge commission for their service.


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11th Commerce : Export and Import Procedures : Intermediaries in Import Trade |


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