Documente Academic
Documente Profesional
Documente Cultură
02/14/16
Learning Objectives:
rning the importance and procedural & documentation aspects of export-import of goods and services
derstand the relevance and importance of various government policy measures for export as well as im
02/14/16
Conte
nts
Module III: Export/Import Documents
How to make Commercial, Financial, Transport, Title, Official, Insurance, Export
assistance Documents
& Certificates for Exports.
Ensuring error-free export documentation as per L/C. How to open L/C,
Apply for license and make Customs/ Sales Tax documents for imports.
02/14/16
Commercial Invoice
02/14/16
Consular Invoice
This invoice is needed to be submitted for certification to the embassy of the
country concerned.
Its main purpose is to enable the importers country to collect accurate and
authenticated information about the value, volume, quantity, source etc. of the
import for assessing import duties and for statistical purposes. It helps the
importer to get goods cleared through customs without any undue delay.
Packing List
This statement gives the packing details of goods in a prescribed format. It is a
very useful document for customs at the time of examination and for
warehouse keeper of the buyer to maintain a record of inventory and to effect
delivery.
02/14/16
Transport Documents
Ocean (marine) Bill of Lading
This document is issued by the shipping company acknowledging the receipt of the goods
mentioned in the bill, for shipment on board of the vessel. The B/L is the legal document to be
referred in case of any dispute over the shipment.
Airway Bill
This receipt issued by an airlines company or its agent for carriage of goods is a
contract between the
owner of the goods and the carrier. It should indicate freight pre-paid or freight to
collect. The first three digits of the Airway Bill Number represents the code, which
identifies the carrier.
02/14/16
insurance).
12
Insurance Certificate
Insurance certificates are used to assure the consignee that insurance will cover the
loss of or damage to the cargo during transit. These can be obtained from your
freightforwarder or publishing house. Note: an airway bill can serve as an
insurance certificate for a shipment by air. Some countries may require
certification or notification.
Phytosanitary Certificate
All shipments of fresh fruits and vegetables, seeds, nuts, flour, rice, grains, lumber,
plants, and plant materials require a federal phytosanitary certificate. The
certificate must verify that the product is free from specified epidemics and/or
agricultural diseases. Additional information andformsare available fromAnimal
and Plant Health Inspection Service(APHIS).
02/14/16
13
14
15
rest of your documentation may in some cases help avoid problems with customs
16
02/14/16
17
Establish the terms of the sale with your vendor. You will need to determine the
following:
How much product will you buy each month?
How often will payment be due? With the answers to these questions, the amount
guaranteed
02/14/16
20
Contact your bank to draw up the letter of credit. Once the terms of the sale have
been established,
your banking officer will draw up the letter. In most cases, if you hold a line of
credit with the bank,
the amount of the letter of credit will be held against the line of credit. If no line
of credit exists,
the bank may hold the amount against a money market account.
Submit the letter of credit to the buyer for approval. Often your bank will perform
this step for you.
The seller may ask to revise some of the wording. If this happens, your bank will
need to approve
the changes. Once all three parties have agreed to a final document, you may
conduct business
with the seller.
02/14/16
22
imports.
Most imports into India do not require a license. Provided they fall within the scope of
theOpen General Licensethey may be imported freely without restrictions.
The imports not covered by theOpen General Licenseare regulated. There are three
categories of such imports:Banned, Restricted and Canalized.
Banned/Prohibited Productsmay not be imported at all. They include:
Wild animals, tallow fat and oils of animal origin, animal rennet, and
unprocessed ivory.
23
imports.
24
25
Deductive value (the sale or resale value, reduced by certain costs such as customs
duties, taxes, and commissions)
Computed value (calculated by adding together certain costs/values for production,
materials, profit and other expenses) Fall-back method.
02/14/16
26
General
Provisions
about
Customs
Procedures
02/14/16
27
02/14/16
28
02/14/16
29