Import Documentation
Import Documentation While engaging in import, it is important to have all the necessary documents, so that the process is accomplished in a seamless manner. Availability of the required documents…
Shipping and Insurance
Import Documentation While engaging in import, it is important to have all the necessary documents, so that the process is accomplished in a seamless manner. Availability of the required documents…
India’s import policy has been formulated by the Foreign Trade Regulation Act, 1992 and the EXIM rules designed by the government. Generally, most of the goods are freely importable; however,…
What is Shipment? Shipment implies the act of shipping goods. In other words, shipment is the cargo transported from one destination to another. Shipment is also called as consignment. Once…
Export Procedure Thereare various steps that need to be completed before an export order is executed. Here, we have discussed some preliminary steps. Code Number As per the Foreign Exchange…
Certificate of Inspection An inspection agency issues the Certificate of Inspection, which verifies that the goods have been inspected before shipment as per the requirements of the Exports (Quality Control…
Payment Documents For winning sales and building brand image among customers globally, it is very important for the exporters to provide attractive sales and payment terms to the customers. The…
Shipping Documents Export and import of goods and services and the corresponding payment mechanism require an extensive documentation procedure. There are specific and unique documents that are used in international…
What is Packing Note? A packing note arrives with the delivery package and it is a shipping document mostly attached inside the shipping pouch or package itself. It is also…
Claims in Marine Insurance An insured can file a claim with the insurer in case an incident (against which the insurance cover has been taken) takes place. As stated in…
Marine Insurance Premium and Documents Export credit risk insurance safeguards an exporter against the risk of non-payment by an international buyer. In other words, export credit risk insurance reduces the…