Dear All,
Need clarification - There are lots of international buyers who are buying handicrafts and other items from India. They come across these products thru Trade Fairs / Market Survey in India. After selecting these items they give item reference and exporter details to agencies, who work for them on commission basis and does the entire follow up from exporters on Buyers behalf. Sometime, Merchandisers hire by these agencies take these buyers to places where they can get items as per their requirements.
I would like to know in this kind of trading business the item sold is whose proprietory / intellectual property is it buyer who buys it OR exports who makes it for buyer OR agency who works as does the entire follow up for particular transaction OR merchandiser who actually sell the products thru his/her salesmanship/creativity/innovativeness/convincing power
Invoice is raised by exporters, Payment is done by TT by Buyer and after satisfactory completion of job agency gets their commission.
Pleaes guide
RCT
Need clarification - There are lots of international buyers who are buying handicrafts and other items from India. They come across these products thru Trade Fairs / Market Survey in India. After selecting these items they give item reference and exporter details to agencies, who work for them on commission basis and does the entire follow up from exporters on Buyers behalf. Sometime, Merchandisers hire by these agencies take these buyers to places where they can get items as per their requirements.
I would like to know in this kind of trading business the item sold is whose proprietory / intellectual property is it buyer who buys it OR exports who makes it for buyer OR agency who works as does the entire follow up for particular transaction OR merchandiser who actually sell the products thru his/her salesmanship/creativity/innovativeness/convincing power
Invoice is raised by exporters, Payment is done by TT by Buyer and after satisfactory completion of job agency gets their commission.
Pleaes guide
RCT
