(Applicable to Overseas Buyers Outside India Only)
This policy applies exclusively to international and export buyers purchasing fishing nets from AATHI FISHNET through our website or official sales channels.
1. Order Confirmation & Payment Terms
All export orders are manufactured strictly against buyer-confirmed specifications. Upon receipt of 50% advance payment or issuance of an irrevocable Letter of Credit (LC) acceptable to the seller, the order shall be treated as firm and binding.
The balance 50% of the invoice value shall be payable before dispatch, at the time of dispatch, or strictly as per LC terms, as mutually agreed.
2. Cancellation Policy (Export Orders)
Export orders may be cancelled only prior to commencement of production. Once production has commenced, raw materials have been allocated, or manufacturing has been scheduled, cancellation is not permitted.
All export and customized orders are treated as final and non-cancellable upon confirmation.
3. Refund Policy (Export Orders)
Refunds are applicable only if cancellation is approved before production begins.
Advance payments are non-refundable once production has commenced or materials have been allocated.
No refunds shall be applicable for orders governed by LC terms, except as expressly provided under the LC.
4. Pricing & Incoterms (International Trade)
4.1 FOB Pricing (Standard)
- All prices quoted by AATHI FISHNET are FOB (Free on Board – India Port) unless otherwise agreed in writing.
- Risk and responsibility transfer from seller to buyer once goods are loaded on board the vessel at the port of shipment.
- Ocean freight, marine insurance, destination charges, customs duties, and local taxes at destination are borne by the buyer.
4.2 CIF (Cost, Insurance & Freight)
- If CIF terms are agreed, the seller shall arrange freight and marine insurance up to the destination port.
- Risk transfers to the buyer once goods are loaded on board the vessel at the port of shipment.
- Import clearance, duties, taxes, and inland transportation at destination remain buyer’s responsibility.
4.3 CFR (Cost & Freight)
- Under CFR terms, the seller arranges freight up to the destination port.
- Marine insurance is not included and must be arranged by the buyer.
- Risk transfers to the buyer once goods are loaded on board the vessel at the port of shipment.
4.4 EXW (Ex-Works)
- Under EXW terms, goods are made available at the seller’s factory or warehouse.
- All transportation, export clearance, insurance, and risks from seller’s premises onward are entirely the buyer’s responsibility.
5. Dispatch, Shipment & Delivery
Goods shall be dispatched only after full payment realization, unless secured under an approved LC.
Shipment schedules are subject to production timelines, vessel availability, port operations, customs clearance, and international logistics conditions.
Delays caused by shipping lines, port authorities, customs procedures, force majeure events, or third-party logistics providers shall not be treated as grounds for cancellation or refund.
6. Claims for Defects or Shortages
Any claim relating to manufacturing defects must be notified in writing within 48 hours of receipt of goods, supported by clear photographs or video evidence.
Claims received after this period shall not be entertained.
Upon verification, AATHI FISHNET may, at its discretion, offer a replacement, credit note, or commercial adjustment.
7. Banking & Charges
All bank charges, LC opening charges, confirmation charges, amendment charges, remittance fees, insurance costs (where applicable), duties, and statutory levies shall be borne by the buyer, unless expressly agreed otherwise in writing.
8. Governing Law & Jurisdiction
All export transactions shall be governed by the laws of India.
Jurisdiction: Nagercoil, Tamil Nadu, India.
9. Contact Information
AATHI FISHNET
Global Fishnet Manufacturer & Exporter
Nagercoil – 629201, Tamil Nadu, India
📞 +91 84380 70347
📧 aathifishnet@gmail.com