MAIN DOCUMENTS USED IN FOREIGN TRADE.
Hey Guyz, Happy Friday to you all. Thank God its
Friday feeling is in the air and once again we ought to be grateful to God for
the precious gift of Life. THANK YOU JESUS. Let’s get started.
There are various documents which facilitate
International Trade and they include the following:
1. CERTIFICATE OF ORIGIN
This is a document that shows where
goods come from or where it is manufactured. This document also enables the
custom and excise authorities to determine the duties, the importer should pay
on the goods because it attracts preferential duties. It must be signed by
custom officers in the exporting countries.
2. AIRWAY BILL
It is used when goods are been
transported by air. It shows the name of the consignor/exporter, airport of
loading, destination. It also shows the nature, weight, value of goods and the
fright charged.
