Learning unit summary
(Import export documents)
Foreign trade documents: Certificate of Origin, Packing List, Commercial, transport, Administrative. Invoice. Insurance documents.
Course objectives:
The main objectives of this learning unit are to learn about different types
of documents used in international trade (import and export), which documents are usually required
by
customs, the requirements for various documents and how
to fill in these documents correctly.
In this unit you will: learn about the various types of documents used
in international trade.
This will be achieved by:
- Analyzing the various classifications and requirements of export documents.
- Learning what functions export documents perform.
- Learning the different types of documents of origin that evidence the origin
of goods.
- Analyzing the various commercial and administrative documents.
- Examining other documents that may be required in international trade
transactions.
Example of the course Import export documents:
Most international trade transactions require certain transport documents, administrative documents, commercial documents and
insurance documents. There are a great variety of documents that may need to be
produced to complete export/import transactions; some estimates indicate over
200 different documents are used in international trade. However, in most export
transactions, only a few certain documents are used (invoice, packing list and
transport document.).
Documents fulfill the following functions:
- Proof of contract. Documents such as transport documents (bill of lading), insurance documents, etc. Evidence the existence of contracts of sale and conditions stipulated there.
- Title to the goods. Certain transport documents represent title to
the goods, that is, they give the right to collect the goods from the carrier
(just as a bank draft gives you the right to collect funds against the drawer).
- Information. Certain documents provide information on the
price for the goods (invoice), the contents of package
units (packing list), etc.
- Customs. The customs of the country of destination require documents
that evidence the origin of the goods, etc. in order to establish whether the
goods are importable to the country and in order to charge appropriate taxes and
duties.
- Proof of compliance. Certain documents serve as proof that the
conditions stipulated in the contract of sale are complied with, such as date of shipment (transport documents), the origin of the goods (Certificate of origin), etc.
DOCUMENTS OF ORIGIN
The purpose of these documents is to show where the goods originated. Therefore, they play an important role in order to establish the taxes and duties to be
paid on the goods at the customs. One must find out what type of document
exactly is required at the customs in order to be able to benefit from possible
reduced tariffs.
Import export documents, Documentation, International trade, Bill of Lading, BL, foreign trade, Certificate of Origin, Packing List, Commercial, transport, Administrative, Invoice, Insurance, Master, international business, Customs, Logistics, import, export, exporter
International Business
Course learning materials: 
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