Euro Fruits imports a range of fresh fruits and vegetables on “Free Open Consignment Sale Basis.”

Euro Fruits would pay an advance per kilo/ carton. The amount of advance will be mutually agreed between Euro Fruits and the supplier on Cost-Insurance-Freight (CIF) basis with destination port as JNPT Nava Sheva, India.

On finalization of the CIF based terms of advance payment, the suppliers are required to send a proforma invoice stating the number of cartons, marks, net/ gross weight, advance amount and the port of shipment with expected date of shipment.

The proforma invoice should state the complete bank details of the supplier – account number, bank name/ address, contact phone/ fax numbers, contact person, swift address, any special payment routing instructions etc. This detailed information would help efficient timely remittance of advance amount.

All fresh produce imports in India need an Import Permit. Euro Fruits, based on the suppliers proforma invoice, would obtain the same. The process of receiving import permit typically takes about two weeks after the date of submission of application to the Indian authorities. The import permit would be faxed/ emailed to you (the overseas suppliers) by Euro Fruits.

The import permit would specify the specific pests/ diseases related declarations. These declarations should be incorporated into the phytosanitory certificate that would be obtained from the authorities of the exporting country. The material should NOT be loaded/ shipped before getting the import permit from Euro Fruits. The date of shipment/ commercial invoice should therefore AFTER the date of issuance of import permit.

Suppliers are required to confirm with the shipping lines 10 free days on arrival of material at Indian port. No demurrage, detention, storage, handling, plugging, monitoring or any other charges should be levied by the shipping company for the first ten days since the arrival of the container at JNPT Port. This period is typically required for completing the documentation, statutory compliances etc, in India, before the container is released to the importer.

On receipt of material in India, the same would be sold in the local markets, under intimation to the suppliers. Gross sales realization for the entire consignment will be computed in Indian Rupees. We will give sales Report on a weekly basis.

On finalization of sales, we would compile an account sales statement. All costs incurred after the receipt of material in India will be reflected in the said statement. Main costs heads are import customs duty, cold storage charges, Euro Fruits commission @ 8% on the gross sales realization, advance payment and other costs like clearance charges, local transportation and delivery costs etc. incurred in India.

All costs incurred will be deducted from the gross sales realizations and the positive balance, if any, will be remitted to the suppliers. As all the transaction is on Free Consignment Sales basis, the suppliers stand committed to remit to Euro Fruits the negative balance, if any.

Typical import customs duties in India for fresh produce are in the region of 45% to 55% percent on CIF value basis.

After shipment of the container at the port of dispatch, the suppliers should furnish the following documents in original to Euro Fruits:

a) Three Sets of Original Bill of Lading
b) Two Non Negotiable copies of Bill of Lading
c) Commercial Invoices – Four Originals and Two Copies
d) Phytosanitory Certificate – stating the special declarations as per the import permit
e) Certificate of Origin
f) Packing List

The documents should be couriered to Euro Fruits Bombay (Mumbai) office address with email intimation of the courier consignment note number/ date.