Trade Dispute UAE companies

Please be careful before dealing with UAE companies.

Site source Consulate General of India , UAE  

https://www.cgidubai.gov.in/docs/1548752193Trade%20dispute%20against%20UAE%20companies.pdf

List of UAE based companies against whom trade disputes have been raised by Indian companies from March 2018 – January 2019 Companies with Multiple Disputes 

1. Agri Growith Food Stuff Trading LLC, Dubai 2. Golden Nest General Trading LLC, Dubai 3. Al Mayan Trading FZE, Ajman 4. Fresh Carota Foodstuffs Trading LLC, Dubai 5. Dileep General Trading LLC, Dubai 6. Sun International FZE, Sharjah 7. Motivation General Trading LLC, Dubai 8. Glokal FZE, Dubai 9. AAI General Trading LLC, Dubai 10. Sai Foodstuff Trading LLC, Dubai Companies with Single Dispute 1. THOE Real Estate Development LLC (Kleindienst Group), Dubai 2. MCH International, Dubai 3. Prime Impex General Trading LLC, Dubai 4. Al Safina Security 5. Beacon Decor & Light Material Trading, Sharjah 6. Premium Flair General Trading FZE, Ajman 7. Wardat Al Madina Food Stuff Trading LLC, Dubai 8. Victory General Trading LLC, Ajman 9. Kanz Alhowm Food Stuff Supply Services LLC, Dubai 10. Arooj Packing Service LLC, Dubai 11. Al Khiran Contracting LLC, Dubai 12. Draw Way LLC, Dubai 13. CBD Projects Co. LLC, Dubai 14. Delta Wings General Trading LLC, Dubai 15. Ashuraf & Ahmed Food & Beverage Trading LLC, Dubai 16. Paklite FZC, Sharjah 17. Mas International General Trading LLC, Dubai 18. Concept Flexible Packaging LLC, RAK 19. Safo Foodstuff Trading LLC, Dubai 20. Ajaj Star General Trading LLC, Dubai 21. Papers Worldwide, Sharjah 22. Winning Star Trading FZE, Ajman 23. Five Brothers General Trading LLC, Dubai 24. Datex Energy FZC, Sharjah 25. Future Scaffolding & Aluminium Industries LLC, Dubai 26. Technovaa Industries LLC, Dubai 27. Berang General Trading LLC, Dubai 28. CitiGate Trade FZE, Sharjah 29. NOVA FZE, Sharjah 30. Al Noor Foods, Dubai 31. JK Foodstuff Trading LLC, Dubai 32. New India Foodstuff LLC, Dubai 33. Colexo General Trading LLC, Dubai 34. Burj Dubai General Trading LLC, Sharjah 35. Huma Ahmed Adnan Foodstuff Trading, Dubai 36. JAF FZC, Ras Al Khaimah 37. White Sky Foodstuff Trading LLC, Dubai 38. Bajrang International DMCC, Dubai 39. Gulf Fence Factory (FZE), Sharjah 40. Harco Marketing & Trading, Dubai (JAFZA) 41. Dalaho General Trading LLC, Dubai 42. Al Rahal Metal Scrap, Sharjah 43. Miqdad Foodstuff Trading LLC, Dubai 44. FWMA General Trading FZE, Ajman 45. Monaco Marbles and Granite Trading LLC, Sharjah 46. Shahzaib Foodstuff Trading LLC, Dubai 47. Riddhi Siddhi General Trading LLC, Dubai 48. Ruby International FZE, Sharjah 49. Dar Al Amani Trading LLC, Dubai 50. Ominah Khayer General Trading LLC, Dubai 51. Imran Food Stuff Trading LLC, Dubai 52. Al Nojoom Al Thahabeya General Trading LLC, Dubai 53. Pratik General Trading FZE, Ajman 54. Zartaj General Trading, Ajman 55. PDL International LLC, Dubai 56. Taj Food Stuff Packaging Factory LLC, Ajman 57. Farmex Freshia Trading LLC, Dubai 58. White Grass General Trading LLC, Dubai 59. Sandstone General Trading LLC, Dubai 60. Sunrise Petroleum FZE, Sharjah 61. Kriscon Middle East, Dubai 62. DSA Architects International, Dubai 63. Ecoplast Industries FZC, Dharjah 64. Khushi Trading Company LLC, Dubai 65. HND Venture General Trading LLC, Dubai 66. Bright Exhibitions FZE, Sharjah 67. AS & MS Global Worldwide FZE, Ajman 68. Mohd. Bin Ghalaita Trading, Dubai 69. Arif Book Distributors LLC, Dubai 70. Haji Munir Foodstuffs Trading Co. LLC, Dubai 71. High Happiness General Trading LLC, Dubai 72. Green Roots Vegetable & Fruit Trading LLC, Dubai 73. Royal Link International LLC, Dubai 74. Abdulla Bin Lootah Foodstuff Trading LLC, Dubai 75. SP International FZE, RAK 76. Unitrade General Trading LLC, Dubai 77. Satti Raja Trading LLC, Dubai 78. ACS Trading LLC, Dubai 79. Blue Star Food Stuff Trading LLC 80. Marine Engineering Diving Services FZC, Sharjah 81. SSJ Foodstuff LLC, Dubai 82. Buildtech Construction, Dubai 83. Kutkut & Partners, Sharjah  

Thanks & regards

Jagdish Bhatia

www.bhatiaexport.in

https://search.google.com/local/writereview?placeid=ChIJ76xiYoqEXjkRkv_kblSDrkU

https://www.linkedin.com/in/bhatia-jagdish-b3402153/

Frequently asked questions in Export Import

I have been receiving below Frequently asked questions : 

1.       How and where can I apply import export licence?

2.       What are fees for import export licence?

3.       How much time does it take to get licence?

4.       What are documents required in export import licence?

5.       What payment term shall I offer to buyer in export?

6.       How to make costing of my product?

7.       Where shall I export my product?

8.       How can I expand my export business?

9.       What are benefits available from Government in export?

10.   How to find out import custom duty online?

11.   What is best Incoterm to offer in export?

12.   How to find out genuine buyer?

13.   Is payment secure in LC?

14.   What is difference between consignee and notify party?

15.   What are the risks in export and how to manage the same?

 For answers visit my site : www.bhatiaexport.in

Thanks and regards.

Bhatia

Recent case study

Recent case study.

Exporter ABC, in India was already in local business of ‘mineral water’. Hence there was no need for them to select product for export. He worked out and selected market in one of the country in West Africa. It was supply to Government. There was an agent between Government supply and exporter. The agent was ready to take the same in a very big quantity and agreed price of US$1 per 1 liter bottle. Agent asked exporter to send two cartons of 20 water bottles each as samples for laboratory test. He also said to exporter to inform Courier Company not to deliver cartons at address and agent will go and collect the same from Courier Company.

While sending samples ABC Company was informed by Courier Company that they cannot take full bottles, hence seals must be broken and little water was also taken out. This was informed to buyer’s agent, and he agreed to. The samples were not reached yet, and buyer asked ABC to send remittance of equivalent Rs.2.50 laks for lawyer’s fees, who will do the needful on behalf of seller to make legal agreement between buyer and seller.

ABC, approached me. I studied full case, and even wrote to Indian consulate and Economic affairs in buyer’s country to verify genuineness of transaction and found it fake.

While studying I had doubt that:

(1)  How buyer agreed such a big price of US$1.00 per 1 liter water bottle. This is not international price.

(2)  Why did he said not to send samples on address and he will collect it from courier company

(3)  He did not receive sample, seal of which was broken and still he agreed to go ahead with this transaction.

Yes, this happened with several other new exporters too.  Now how to take care not to be duped by fake buyers. One should see the prima facie, does transaction looks like happening, or we are too eager to do the transaction without taking pre cautionary steps.

Pre-cautionary steps are first finding out the genuineness of buyer from Dun and Brad Street by applying credit report on buyer. By applying credit risk with ECGC, Export Credit Guarantee Corporation of India. After satisfying credit worthiness of buyer only then go ahead with the transaction.

Fraud buyer abroad is there who are looking for new exporter who has no sufficient knowledge.

So be careful and acquire knowledge first. If you do the export systematically, your money is safe.

Export Import News Letter

1.    China drops ban on rapeseed meal from India

2.    Global growth outlook for 2019 dims for first time: Reuters poll

3.    Trade war: Govt sees space for Indian exporters in US

4. India – Czech Joint Commission on Economic Cooperation held in Prague

5. Forty-five Indian companies participate in SIAL Paris exhibition

6. Commerce Minister meets Russian Delegation

7. Arun Jaitley hits back at RBI, says it allowed lending excesses

8. India, Japan sign $75 billion currency swap agreement

9. Chinese traders play down impact of new animal feed guidelines on soy demand

10. China says leaders from 18 countries to participate in import fair next week

11. Commerce Min considering incentives for exporters to boost shipments 

12. Make in India: Suresh Prabhu asks states to opt for local products

13. Japan, India leaders build ties amid trade, security worries - Business

14. China has agreed to increase its imports from India, says Suresh Prabhu

15. EXIM Bank releases India-Latin America & Caribbean Region Trade

16. Organic food product exports up 39% at $515 million in 2017-18 

17. India said to plan trade deal to boost exports to China - IndiaInfoline

18.india can seek duty cuts from China on 200 items

19. Working with US to ease trade tussle at the earliest, says Suresh Prabhu

20. India makes big push to expand tea export to China

For Export Import Consultancy write to me on bhatiajd@gmail.com Mlb. 7878045651

News Letter 29.8.18

1. India - Kenya Joint Trade Committee meeting held in Nairobi
2. CHINA INITIATES WTO DISPUTE COMPLAINT AGAINST ADDITIONAL US TARIFFS ON CHINESE IMPORTS 
3. How A Weaker Rupee Will Impact India Inc.

4.      India aims to double its farm exports in next four years through a new

5.      PMO steps in to allay concerns over e-commerce policy draft - Trendlyne

6.      National Logistics Portal to help boost trade competitiveness 

7.      India, Singapore sign Second Protocol amending bilateral trade pact

8.      India's rapeseed meal exports to jump by 50% on Chinese buying

9.      US Imposes 50% Preliminary Anti-Dumping Duty On Indian Metal Pipes

10.  Export of India-made cars to US goes up, America becomes 2nd 

11.  Government extends sugar export deadline by 3 months till December

12.  Govt imposes restrictions on imports of biofuels, ethyl alcohol, other

13.  IESS 2019 - Govt mulls duty-freee import of capital goods to skirt WTO

14.  Domestic manufacturing of mobile handset saved India Rs. 3 trillion ..

Government imposes standard environment clearing conditions for 25

Export Import News Letter 10.8.2018

Export Import News Letter

Ø India, South Korea Trade and Investment Ties: Focus on CEPA, Make in India

Ø •Government E-Marketplace (Gem) Completes 2 Years Grosses over Rs. 10,000 crore in GMVthrough morethan 6.16 lakh Transactions

Ø •Commerce & Industry Minister Suresh Prabhu launches Mobile App Niryat Mitra

Ø IKEA tackles high taxes to keep prices low for Indian shoppers

Ø India's Economy Is An Elephant That's Starting To Run, IMF Says

Ø India doubles import tax on textile products, may hit China

Ø Oil up as U.S. sanctions on Iran expected to tighten supply

Ø New Trump sanctions on Iran take effect despite pleas from allies

Ø Monday, September 24, 2018;

Ø India Pavilion at Oman Health Exhibition & Conference (3 Day Event)

Muscat,Oman

Ø Contact: Ankur Singh, ankur.singh@ficci.com

Ø Thursday, September 27, 2018

Ø Annapoorna - World of Food India 2018 (3 Day Event)

Mumbai, Maharashtra

Ø Contact: Ravi Verma, ravi.verma@ficci.com

Ø Thursday, October 04, 2018

Ø India Chem 2018 (3 Day Event)

Bombay Exhibition Centre, Mumbai

Ø India Promach 2018 (3 Day Event)

Bombay Exhibition Centre, Mumbai

Ø Indian Conference on Life Cycle Management (ILCM) 2018 (2 Day Event)

FICCI, New Delhi

Ø Contact: Archana Datta, archana.datta@ficci.com

Ø LoU/ LoC should be restored with proper safeguards: Standing Committee Report

Ø Startup India’s Academia Alliance Programme

Ø ADVANCED TRAINING COURSE FOR DEVELOPING ECONOMIES CONCLUDES AT WTO

Ø Indian company to produce thermal batteries from next year

Ø U.S. eases export controls for high-tech sales to India: Ross

Ø US' export to India increases, bilateral trade deficit in services down 43%

Ø India defers tariffs on US imports, get steel duty waiver - DNA India

Ø Higher import duties on 29 US products to come into force from 18 September-18

Ø Task force set up to identify items, policy action to cut imports

Ø Government Imposes Safeguard Duty On Solar Cell Imports

Ø India should aim for net zero imports of telecom equipment by 2022

ØPact for cross-border trade on small boats - Telegraph India

Ø New law to regulate logistics players

Ø RBI increases repo rate by 25 bps to 6.25%; maintains neutral stance

Ø Why India Withdrew The Contentious Financial Resolution Bill

Ø •Sustainable Use of Water Need of the Hour

Ø •Sustainable Use of Water Need of the Hour- Suresh Prabhu

Ø •Grand Finale of Startup India Madhya Pradesh Yatra

Ø Analysis: India chooses between a falling rupee and a banking cash crunch

Ø Exclusive: DowDuPont 'defers' field trials to seek sale of GM corn seed in India

Ø •Integrate to Innovate Programme for energy Startups

Ø DGFT has issued notification : Value limit for exports through Courier service/ Post has been placed at Rs. 5,00,000; and the eligibility criteria for entitlement under MEIS for courier/ post exports have been increased to Rs. 5,00,000 per consignment from the earlier Rs. 25,000 per consignment.

(Notification 22/2015-2020 dated 26 July, 2018 (Click Here)

Ø India chooses between a falling rupee and a banking cash crunch