Import - Export Guideline

 Many different documents are required for international transportation. The most important documents include the shipper’s export declaration, the bill of lading, the commercial invoice, and the packing list. These documents are used to track the shipment, calculate customs duties, and provide information about the contents of the shipment. A packing list is one of the terms that are used a lot in the business world. Undoubtedly, the correct understanding of these terms can be a good guide for us in commercial affairs. In this article, we are going to talk about an international document called a packing list. Table of Contents Types of International Transportation Documents What is a Packing List? How to Prepare a Packing List Tips for Creating an Effective Packing List Conclusion Types of International Transportation Documents In international trade and transportation, there are documents that specify the features and requirements of the cargo. Shipping documents are the most im...

 You’ve heard people talk about how to do the sexy part of exporting—the research, the schmoozing, the travel and all the marketing and sales stuff that people think about when they think about the glamour of international trade. But what I want to talk about is the not-so-sexy part of exporting: the basic export documents required for international shipping. It’s the stuff you need to do—and do correctly—to successfully deliver goods and make money. I’d argue that this not-so-sexy part of exporting is more important than the sexier side but maybe that’s just because it’s what I’ve been focusing on for more than 5 years. With that in mind, here are 11 standard shipping documents for export that you need to understand in order to be successful. Proforma Invoice Commercial Invoice Packing List Certificates of Origin Certificate of Free Sale Shipper's Letter of Instruction  Inland Bill of Lading Ocean Bill of Lading Air Waybill  Dangerous Goods Forms Bank Draft Learn more ab...

 A payment advisory is a money order that the utility issues on its initiative. When a bill is paid in full, the utility sends the consumer a document with the payment amount and the client's bank account information. If the consumer accepts the information on the payment advice, they sign it and mail it to the clearinghouse, giving the customer's bank the dated and signed payment advice, which completes the transaction.  Most firms' invoices are constructed so that consumers return a part of the invoice with their payment, known as payment advice, in countries where cheques are still used. In countries where wire transfer is the most popular means of payment, invoices are frequently accompanied by standardised bank transfer order forms that contain a place where the invoice or customer number can be encoded, generally in a computer-readable format. The payer fills out his account information and gives it to a clerk at his bank, who subsequently transfers the funds.  When...

  What Is the Import Export Code (IEC)? Import Export Code (IEC) is an unique identification number assigned to importers and exporters in India. It is mandatory to maintain IEC registration with the Central Board of Excise and Customs (CBEC) in order to trade in goods and services between India and other countries. To update your IEC registration, follow these steps: Login to the official website. Click on ‘Registrations’ tab. Select ‘Import/Export’ from the main menu and then click on ‘Registration Details’ from the sub-menu. On the ‘Registration Details’ page, under ‘Import Export Code (IEC)’, you will find the ‘Update IEC Registration Form’ link. Click on this link to open the form. Complete all fields on the form and click on the ‘Submit’ button to submit it. Your IEC registration will be updated automatically after submitting the form. Why Do I Need to Update My Import Export Code (IEC) Registration in India? Import Export Code (IEC) is a unique code assigned to a company whi...