Export import procedures and documentation book pdf

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Step by Step Procedure in an Export Shipment from India

What Is an Export? Exports are subject to the various U. An export is any movement of items outside the country. That includes items sent by regular mail or hand carried on an airplane; documents transmitted by fax; software or specifications downloaded from the internet; and technology transmitted by email or shared in a phone conversation. An item is also considered an export even if it is leaving the U. Finally, releasing technology or data to a foreign national located in the U.

There are many documents involved in international trade, such as commercial documents, financial documents, transport documents, insurance documents and other international trade related documents. In processing the export consignment, documentation may be executed in up to four contracts: the export sales contract, the contract of carriage, the contract of finance and the contract of cargo insurance. It is therefore important to understand the role of each document and its requirements in international trade. An offer to sell goods and should state clearly the price, details of quality, quantity, trade terms, delivery terms and payment terms. An agreement between the buyer and the seller stipulating every detail of the transaction. Since this is a legally binding document, it is therefore advisable to seek legal advice before signing the contract. An invoice provided by a supplier prior to the shipment of merchandise, informing the buyer of the kinds and quantities of goods to be sent, their value, and importation specifications weight, size and similar characteristics.