Articles under Export Import Terms

Types or Forms of Post-shipment Finance
  Types or Forms of Post-shipment Finance: Following special schemes are available in respect of post-shipment finance: (a) Export Bills Negotiated under L/C: If the exporter has obtained documentary letter of credit and has submitted the required documents, as mentioned in the UC, to the bank, the bank negotiates them and sanctions the equivalent amount of post-shipment finance to the exporter, Post-shipment finance is released after liquidating the pre-shipment finance Continue reading »
Meaning of Post Shipment Finance
Meaning of Post Shipment Finance Post-shipment finance (short-term) refers to the credit extended to the exporters after the shipment of goods for meeting working capital requirement. It is given by the commercial banks after the shipment of goods and submission of commercial documents to them for negotiation or collection. Post-shipment credit (medium and long-term) is given for exports on deterred payment terms for the period of over one year.   // Continue reading »
Contents of bill of lading
Contents of bill of lading: (a) Name and logo of the shipping line. (b) Name and address of the shipper. (c) Name and the number of vessel. (d) Name of the port of loading. (e) Name of the port of discharge and place of delivery (f) Marks and container number. (g) Packing and container description. (h) Total number of containers and packages. (I) Description of goods in terms of quantity. (j) Container status and seal number. (k) Gross weight in kg, and Continue reading »
Mate Receipt
  Mate's Receipt: Mate's receipt is a receipt issued by the Commanding Officer of the ship when the cargo is loaded on the ship. It is a prima facie evidence that goods are loaded in the vessel. Mate's receipt is first handed over to the Port Trust Authorities. After making payment of all port dues, the exporter or his agent collects the mate's receipt from the Port Trust Authorities. Mate's receipt is freely transferable. It must be handed over to the shipping company in orde Continue reading »
Consular Invoice
Consular Invoice Consular invoice is a document required mainly by the Latin American countries, Kenya, Uganda, Tanzania, Mauritius, New Zealand, Myanmar, Iraq, Australia, Fiji, Cyprus, Nigeria, Ghana, Guinea, Zanzibar, etc. This invoice is an important document, which needs to be submitted for certification to the Embassy of the importing country concerned. The main purpose of the consular invoice is to enable the authorities of the importing country to collect accurate information a Continue reading »
6 Certificate of Origin
7 Factors Affecting Export Payment Terms
8 Making Export Decisions
9 Product Liability under Export Import Business
10 Transhipment - A redefinition
11 Difference between BL and MBL.
12 How to differentiate BL and HBL?
13 Difference between AWB and HAWB - Airway bill and House Airway bill
14 Difference between Airway bill and Master Airway Bill
15 Difference between Airway Bill and Bill of Lading.
16 Difference between NVOCC and Freight Forwarder
17 Any difference between Wire Transfer and Telegraphic Transfer?
18 Difference between Telegraphic Transfer and Swift
19 Difference between Swift and wire transfer
20 How does TT (Telegraphic Transfer) work?
21 What is swift transfer in import and export trade.
22 Difference between vessel name and voyage number
23 Difference between EGM and IGM
24 Difference between EGM and shipping bill
25 Difference between let export date and shipment date.
26 Difference between export bill collection and export bill discounting.
27 Difference between bill discounting and bill negotiation
28 Rummaging
29 What is Nominated cargo or Routing order shipment
30 Is Seaway bill a document of title? What is Seaway bill.
31 Difference between HS code and ITC code
32 Difference between Bank Release Order and Bank Delivery Order
33 BL charges
34 What is Late BL release charges
35 What is co-loading
36 Consol DO and liner DO
37 Difference between IGM number and line number
38 What is Line number in IGM
39 Difference between Shut out and Re-import
40 Difference between imports and re imports
41 The term LCL. What does LCL mean?
42 What is Dry Port
43 Custodian of Cargo at customs bonded CFS
44 Difference between shut out cargo and short shipment cargo
45 EGM (Export General Manifest)
46 Know the term Port of Discharge and Place of Delivery
47 Stuffing and De stuffing 2 regular terms used in shipping
48 Short shipment in Export business
49 What is Shut out in export trade
50 What is Black list certificate from Shipping Line
51 What is legalization of documents by embassy?
52 Difference between SOFTEX and GR forms

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