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Mamalia Case

Essay by   •  May 20, 2012  •  Essay  •  569 Words (3 Pages)  •  1,272 Views

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2.0 EXPORT DOCUMENTATION

The export documentation that require by exporter from Malaysia to export the textile product to United Stated includes Pro Forma Invoice, Commercial Invoice, Bill of Lading, Airway Bill, Export Declaration, Export Permit, Packing List, Certification of Origin and Insurance Documents.

2.1 Pro Forma Invoice

Pro Forma Invoice is presented to the importers by exporters for payment of goods prior to their dispatch. It is represents the details of an international sale to customs authorities. This document is for custom purposes and the advance payment whether is partial or full payment.

2.2 Commercial Invoice

Commercial invoice is describing the commercial transaction between the exporters and importers. Although there is no standard format, however the document must include a few specific pieces of information such as the parties involved in the shipping transaction, the goods being transported, the country of manufacture, and the codes for those goods. At the same time, it must include a statement certifying that the invoice is true with a signature.

2.3 Bill of Lading

Bill of Lading is a document of title issued by shipper to a carrier. and it functions as an acknowledgement of receipts of good at a name port to a legal holder. This form is recording the quantity and description of the goods to be shipped to the export country. It consists of the goods that being shipped, the title of the goods and the evidence of a contact by the company to carry the goods.

2.4 Airway Bill

An Airway Bill is a non-negotiable transport document, we can also say that it is quite similar to a bill of lading for the transportation of air freight. It consists of the basic details of the cargo, exporter's name and address and the services required, such as special insurance arrangements. At the same time, Airline will prepares the airway bill to the exporter which is receipt from the Airline acknowledging that it has received the form.

2.5 Export Declaration

Export declaration is issued by freight forwarder and it is a standardized export document for the exporter wishing to ship goods abroad containing compliance, administrative and statistical information. Government need this form whenever the value of the shipment exceeds a certain minimum amount or a duty drawback is claimed.

2.6 Export Permit

Export permit is a document that issued by the government granting an exporter to export specified good to specified countries, for textile product, Textile quota Export license/visa document is required for textile items under quota restraint. Furthermore, pre-shipment certificate through export promotion

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