FAQ
- Minimum Order Value: 500 US$. However,we understand that customers need to place smaller orders in the beginning in order to test market.So,samples against cost are also available on request.
- We carry limited stock of regular items but few items are manufactured of demand only. Production time for small to medium orders varies from 15-30 days. Production time for large quantities to be communicated on request.
All payment should be made in US dollars, unless otherwise specified in the quotation sent to you. We give the following options for payment:
Full Advance Payment: This method is most convenient for small orders as it minimizes the bank charges involved in other methods of payment. You may send payment by Check or Bank Draft or, you may send Telegraphic Transfer (TT) or Wire Transfer to our Bankers under intimation to us.
Paypal.com : You can also remitt the payment to us through paypal.com ( e-mail : karan@labeqexports.com )
Part Payment in Advance: For larger orders, we expect that you send 30% value in advance. Balance payment is payable against delivery of documents through your bank. This method involves Bank Charges which are payable by the buyer.
Letter of Credit: We expect Sight Letter of Credit against bulk orders. This method involves considerable Bank charges. All Bank Charges as per the terms of Letter of Credit, must be to the account of the buyer.Shipping:
We can ship goods by Sea Freight, Air Freight, Express Courier and Economy Courier. Further details elaborated below.
Shipping Options:
- Sea Freight: It is the cheapest but the slowest mode of transportation. Sea shipment is advisable for consignments of value above 10,000 US$. If you have a container it comes out to be very economical. Minimum clearance and transit time of shipment is more than 30 days.
- Air Freight: It is the best mode of transportation for small shipments but significantly costly than Sea Freight. Agent charges and other levies are nominal and thus can be used for shipment of any size and value.
- Economy Courier: We can send goods by Economy Courier service of TNT, ARAMEX or FEDEX. These services are slightly costly than Air Freight but should be used for shipments upto 250Kg. They are useful as they give Door Delivery and save the hassle of employing an agent at destination.
- Express Courier: Very costly but should be used for samples and extremely urgent shipments.
1st Time Importers:
LABEQ Exports has a policy of supporting first-time importers that wish to sell and market our products. Importing is as easy as 1-2-3
Step 1: Decide on what to buy from various products listed on our website. For first time importers.After you finalize the items we can give tentative shipment cost and advice on best mode depending on order size and urgency.
Step 2: Payment can be remitted by Swift using an International Bank or any reputed local bank which has MT-103 facility. We will provide you swift instructions and your bank official can take care of the rest. Once we receive the payment we can start production and pack them for dispatch.
Step 3:If goods are by Express of Economy courier you get door delivery after paying the duties and taxes to TNT, FEDEX, ARAMEX, DHL, etc. If you are importing by Air or Sea freight you need to tie-up with a reputed Clearance and Customs agent in your country. We can ship the goods using our agent in India but the handling of cargo in your country is handled only by your agent. Once goods are there he assists you regarding the paper-work and clearance procedures. After clearance you get your goods.
Explanation of general Shipping terms:
FOR (Indian Port): The prices are till Port Gates of the mentioned port. All subsequent charges like Port charges, Agent charges, THC, Inland haulage, Freight etc are to buyers account.
FOB (Indian Port): The prices are till vessel gates after custom clearance and other formalities. Charges like container fees, THC, IHC are part of Ocean Freight that are to buyer’s account. If our prices are till Inland Port then Inland Haulage is to buyer’s account.
CIF (Foreign Port): The prices include all charges till landing of goods on specified Port.[/vc_toggle]
Please select the relevant product from our extensive product range and mention the product name/ID/specifications as per your requirements in the Feedback Form or you can also e-mail us : info@labeqexports.com