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Invoices

  • Commercial Invoice: A bill of sale from the exporter to the buyer. It is the primary document customs authorities use to determine the correct value, duties, and taxes.
    • Key details: Exporter and buyer information, invoice number and date, detailed goods description with Harmonized System (HS) codes, quantity, unit price, total value, Incoterms, and payment terms.
  • Proforma Invoice: A preliminary invoice sent to the buyer before the sale is finalized. It outlines the estimated cost and terms, allowing the importer to arrange for financing and necessary import licenses.

Packing Lists

  • A detailed inventory of the shipment, showing the contents of each package, including quantity, weight, and dimensions.
  • Purpose: Helps customs officials verify the contents, provides logistics partners with necessary details, and allows the importer to check the delivery upon arrival.

Certificates of Origin (COO)

  • A document certifying the country where the goods were manufactured.
  • Types:
    • Preferential COO: Allows importers to claim preferential tariff rates under a free trade agreement.
    • Non-Preferential COO: Certifies origin for trade regulations but does not grant tariff preferences.
  • Importance: Essential for customs clearance, determining import duties, and ensuring compliance with trade policies.

Shipping Instructions (Shipper's Letter of Instruction - SLI)

  • Directions from the exporter to the freight forwarder or carrier detailing how and where to ship the products.
  • Purpose: Ensures the carrier has all necessary information to prepare the Bill of Lading and other transport documents, preventing delays.
  • Key details: Shipper, consignee, and "notify party" information, cargo description, mode of transport, special handling notes, and insurance instructions.

 

krishna

Krishna is an experienced B2B blogger specializing in creating insightful and engaging content for businesses. With a keen understanding of industry trends and a talent for translating complex concepts into relatable narratives, Krishna helps companies build their brand, connect with their audience, and drive growth through compelling storytelling and strategic communication.

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