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 Forums Index>> Legal and Regulatory Issues>> Payment of commission form Indian exporters
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Author
Individual-subbura

Mr. K.Rama Lingam Pillai
Proprietor
Individual
Tuticorin, India
Free Member
Joined :01/12/2004
No of Topics Posted : 3
Reply/Comments : 1
TOPIC : Payment of commission form Indian exporters

Sir,

One of the buyer contacted me for supply of cargo around 1000 MT. The buyer agree to supply the cargo and informed that he will pay 3% commission to me. The buyer instructed me that 2% commission from his side may also be taken from the seller.

Accordingly, he placed a trial order for 25 MT and made advance payment and the seller paid the commission to me. However when I asked for Fee Production Certificate, he intimated that is no required.

On receipt of the trail order, the buyer placed further order of 50 MT on phone and made the payment When i asked for the commission the seller intimated that he has not included in the quote hence will not pay the commission. The buyer informed that i should get it from the seller.

Now further the buyer requested for 600 MT of the cargo for which he make payment on LC. The seller has agreed to supply the 600 MT on higher rate including my commission of 3 percent.

How do I get the commission of 50 MT for which the seller received payment.

Rama


Author
Posted on 12th August 2009 at 12:42:00 [Message #2351 ]
SHUBHYA INTERNATIONAL-iamnarender

Mr. Narender Chawla
Director - International Business
SHUBHYA INTERNATIONAL
Sonepat, India
Paid Member
Joined :12/29/2006
No of Topics Posted : 0
Reply/Comments : 1
Re: Payment of commission form Indian exporters

Dear Mr. Pillai,

My question is buyer placed the order of 50 MT through you or directly to supplier? Whatever the situation is once you introduce any buyer to a supplier & rate of commission is settled it becomes supplier's duty to cover your interest for all forthcoming supplies to same buyer.

As per fair trade practices supplier should pay you the commission for this particular lot also.



 

Author
Posted on 13th August 2009 at 15:27:00 [Message #2366 ]
JAI SHREE RASAYAN UDYOG LTD.-saggarwal1

Mr. Sanjay Aggarwal
Director Marketing
JAI SHREE RASAYAN UDYOG LTD.
Delhi, India
Paid Member
Joined :09/09/2005
No of Topics Posted : 0
Reply/Comments : 1
Re: Payment of commission form Indian exporters

Ask buyer to impose an Inspection clause in your favour for all the deals has to be undertaken


 

 

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