1. Presented by : ON ‘ Comprehensive study of various documents required in export-import’

10. (i) Reduce non-completion risk . Due to this risk, exporters want to keep title to the goods until they are paid and importers want to wait to pay until they have the goods. (ii) Reduce foreign exchange risk. OBJECTIVES OF DOCUMENTATION

11. Export documentation is a tedious but necessary process that all exporters must pay close attention to, as documentation requirements vary considerably by country, commodity, and situation. Export documents could be classified into two categories depending upon the specific requirements satisfied by them: (1) Regulatory and (2) Operational. EXPORT DOCUMENTATION

16. TYPES OF BILLS OF LADING :- (i) Inland Bill of Lading: Issued by the trucking company and/or the railroad line for taking the goods from the exporter’s facility to the port of embarkation or consolidation facility. (ii) Air Way Bill (AWB): The Air Way Bill is a form of bill of lading used for the air transport of goods. Contd…..

18. (ii) Confirmed : A confirmed letter of credit is one in which the advising bank, on the instructions of the issuing bank, has added a confirmation that payment will be made as long as compliant documents are presented. (iii) Standby Letters of Credit : A standby letter of credit is used as support where an alternative, less secure, method of payment has been agreed. (iv) Revolving Letter of Credit : The revolving credit is used for regular shipments of the same commodity to the same importer. Contd…..

21. An essential feature of all import sales transactions is import documentation. There are various categories of documents required in international trade transactions. Instruction Documents (i) Shipping instruction: Where a shipping company has a computerised bill of lading system, it provides pre-printed shipping instruction forms which must be completed by the exporter/freight forwarder. (ii) Bank instruction: When the exporter is selling on the basis of a letter of credit. IMPORT DOCUMENTATION

22. All goods declared for consumption must be landed and entered within 7 days after the arrival of the importing ship or within such additional time as the Secretary for Customs may allow. (i) Bill of entry: Goods may not be imported into South Africa unless a bill of entry is submitted to and accepted by the customs authorities. An original of the form, a DA500 is required by Customs. (ii) Special import certificates or permits: Apart from those goods requiring an import permit, a number of products are subject to inspection and/or to the issue of special permits by certain authorities prior to the goods being imported. Customs Procedure for Imports

24. Various programs are imparted that constitutes latest emerging technologies and management practices. At AVTEC they mix and match intensive training with equal thrust on job skills and behavioural development. Group therapies and seminars are organized to encourage professional and keep employee morale running high.

25. Thank You