types of documents - international business
DESCRIPTION
Types of documents used in import and export..TRANSCRIPT
![Page 1: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/1.jpg)
WELCOME
![Page 3: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/3.jpg)
Types of documents Characteristics of documents Conclusion References
CONTENTS
![Page 4: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/4.jpg)
PROFOMA INVOICE INVOICE PACKING LIST/PACKING SPECIALISATION CERTIFICATE OF ORIGIN SHIPPING BILL ARE 1 MATE’S RECEIPTS BILL OF LADING AIRWAY BILL
TYPES OF DOCUMENTS
![Page 5: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/5.jpg)
BILL OF EXCHANGE BILL OF ENTRY
![Page 6: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/6.jpg)
PROFOMA INVOICE as the name suggest is a profoma of invoice prepared by the exporter and sent to the importer for necessary acceptance.
PROFOMA INVOICE
![Page 7: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/7.jpg)
It forms the basis of all trade transactions.
It may be useful for the importer in obtaining import license of foreign exchange.
CHARACTERISTICS
![Page 8: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/8.jpg)
INVOICE is a fundamental and basic document . This invoice is normally prepared first and several other documents are prepared by deriving information from this invoice.
INVOICE
![Page 9: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/9.jpg)
It is a basic document useful in preparation of various other shipping documents.
It is used in various export formalities such as quality and pre -shipment inspection, excise & customs procedures etc.
It is also useful in negotiation of documents for collection and claim of incentives.
It is useful for accounting purposes to both exporters as well as importers.
CHARACTERISTICS
![Page 10: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/10.jpg)
PACKING LIST is a consolidated statement in a prescribed format detailing how goods are packed.
PACKING LIST
![Page 11: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/11.jpg)
It is a very useful document for customs at the time of examination.
It does not indicate unit rate and value of goods.
It indicate details like measurement and weight of goods.
CHARACTERISTICS
![Page 12: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/12.jpg)
CERTIFICATE OF ORIGIN indicates that the goods which are being exported are manufactured in the specific country mentioned therein.
CERTIFICATE OF ORIGIN
![Page 13: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/13.jpg)
It is to be submitted to the customs for the assessment of duty and clearance of goods with concessional duty.
It is required when the goods produced in a particular country are banned for import in the foreign market.
It helps the buyer in adhering to the import regulations of the country.
CHARACTERISTICS
![Page 14: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/14.jpg)
SHIPPING BILL is the main customs document required by the customs authority for granting permission for the shipment of goods.
SHIPPING BILL
![Page 15: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/15.jpg)
The cargo is moved inside the dock only after the shipping bill is duly stamped.
It is normally prepared in five copies.
CHARACTERISTICS
![Page 16: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/16.jpg)
ARE 1 is in application for removal of excisable goods from the factory premises for export purpose.
ARE 1(Application for Removal of Excisable goods)
![Page 17: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/17.jpg)
MATES RECEIPT is a receipt issued by the commanding officer of the ship when the cargo is loaded on the ship . The mates receipts is a prima facie evidence which shows that the goods are loaded in the vessel.
MATE’S RECEIPT
![Page 18: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/18.jpg)
It is an acknowledgement of goods received for export on board the ship.
It enables the exporters to clear port trust dues to the port trust authorities.
Bill of lading , which is a title of goods, is prepared on the basis of MATES RECEIPTS.
It is a transferable document . It must be handed over to the shipping company in order to get IN ORDER TO GET THE BILL OF LADING.
CHARACTERISTICS
![Page 19: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/19.jpg)
BILL OF LADING is a document issued by the shipping company or its agent. It acknowledges the receipt of goods mentioned in the bill for shipment on board of the vessel.
BILL OF LADING
![Page 20: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/20.jpg)
It is a contract between the shipper & the shipping company for the carriage of goods to the port of destination.
It is useful for claiming incentives offered by the government to exporters.
The exporter can claim damages from the shipping company if the goods are lost or damaged.
CHARACTERISTICS
![Page 21: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/21.jpg)
BILL OF ENTRY is a document prepared by the importer or his clearing agent in the prescribed form under Bill of Entry Regulations 1971 , on the strength on which clearance of import goods can be made.
when goods are imported in a particular country the importer has to pay the necessary import duty. For this purpose necessary information about the goods imported must be given to the customs authority in a prescribed form called “BILL OF ENTRY FORM”.
BILL OF ENTRY
![Page 22: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/22.jpg)
AIRWAY BILL is a document issued by the airlines company or its agent for carriage of goods .
AIRWAY BILL
![Page 23: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/23.jpg)
It acts as a customs declaration form.
It is the document of instructions for the airline handling staff.
It is a contract between the airlines or his agent to carry goods to the destination.
CHARACTERISTICS
![Page 24: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/24.jpg)
CONCLUSION …
![Page 25: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/25.jpg)
INTERNATIONAL BUSINESS Justin PaulEXPORT IMPORT PROCEDURES &
DOCUMENTATION Dr Khushpat s Jain INTERNATIONAL BUSINESS P. Subba Rao
REFERENCES
![Page 26: Types of documents - International business](https://reader033.vdocuments.us/reader033/viewer/2022061221/54bd38e44a795997758b45b8/html5/thumbnails/26.jpg)
THANK YOU ALL