Documentation and procedures are integral part of International Marketing operations to insecure success .The physical transfer of goods in International trade has been associated with number of documents ,over the years the number of documents and related procedures has multiplied and making the International trade as complex and cumbersome for which
International Trade promotional firm can extend such services.
There should be a clear written contract between buyer and seller, including details of exactly where goods will be delivered. See the page in this guide on international trade contracts and Incoterms.Specific documents may be needed to get the goods through customs and to work out the right duty and tax charges. There may be requirements both for the country the goods are being exported from and the country they are being imported into.
International trade transaction involves at least three intermediaries
• a carrier which undertakes to deliver the goods on behalf seller to buyer.
• An insurance company that covers the risk
• A banker who collects the sale proceeds from buyer and forward the same to the seller
Three categories of Export documents are
• Principal documents
Export invoice
Bill of Ladding
Bill of Exchange
GR/ PP / VPP / COD forms for custom authorities
• Auxiliary documents
Letter of Credit
Certificate of origin
Packing list
Inspection certificate
Shipping bill
Mate's receipt
Business travel application for foreign exchange
• Documents for claiming export assistances
Application for registration
Import license for raw materials, intermediaries etc.
Cash assistance on some selected exports
Draw back of import and excise duties
General surety for exacting bond Form B - 1
AR - 4 Form
Draw back shipping bill
Draw back bill
Transport Assistance
The above said documents are involved in International trade transition. To alleviate these cumbersome practices Export Import consultant ‘s assistance may be much useful to to the International Trade participants.
INSBO is an export import consultancy and
International Trade promotional firm organized, as a
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