Container Landed Costs - India
Budget: $10 – $30 AUD
Require costing help regarding importing into India from either Australia or Singapore. Currently, do this however customs duties and shipping costs from Australia are making the viability of our business partner in India untenable.
To provide some context, we currently export from Australia to India, for which we supply our products to our Master Franchise who then supplies his franchisees the products throughout the South Indian region, however customs duties depending on port seem to differ and in most cases are not cost-effective for the business in India.
At any one time, we export 1 x 20ft Reefer (10 pallets) container, 985.5 cu feet or 28 cu meters and 1 x 20ft dry (11 Pallets) container 1140.7 cu ft 32.3 cu mtrs
which typically alternates between orders.
To provide you insight regarding shipping, the items sent are Individually packed by ingredients and box then palletised. All pallets are then wrapped to stay secure.
From the initial analysis, the tariffs we are experiencing seem to depend on Ports we send to from Australia, with Hyderabad appearing to charge most of our products at 30% whilst the other 50%-150%.
Our thoughts at the moment are there may be cost benefits for us to utilise the FTA between our Singapore joint business (using the % of origin factor) to help reduce costs, however we are not certain on the exact percentage required to ensure this is legitimate.
To provide some context, we currently export from Australia to India, for which we supply our products to our Master Franchise who then supplies his franchisees the products throughout the South Indian region, however customs duties depending on port seem to differ and in most cases are not cost-effective for the business in India.
At any one time, we export 1 x 20ft Reefer (10 pallets) container, 985.5 cu feet or 28 cu meters and 1 x 20ft dry (11 Pallets) container 1140.7 cu ft 32.3 cu mtrs
which typically alternates between orders.
To provide you insight regarding shipping, the items sent are Individually packed by ingredients and box then palletised. All pallets are then wrapped to stay secure.
From the initial analysis, the tariffs we are experiencing seem to depend on Ports we send to from Australia, with Hyderabad appearing to charge most of our products at 30% whilst the other 50%-150%.
Our thoughts at the moment are there may be cost benefits for us to utilise the FTA between our Singapore joint business (using the % of origin factor) to help reduce costs, however we are not certain on the exact percentage required to ensure this is legitimate.