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Stages Involved in an Export Transaction

• Determination of the product and preparation of the price list
• Reviewing of available capacity and capacity increase
• Market research and determination of a strategy
• Gathering information on incentives, taxes, quotas and dues and taking necessary measures

Documents used in Export Transactions

• Packing List
• Certificate of Origin
• ATR and EUR1
• Bill of Lading

Methods of Payment

• LETTER OF CREDIT
• PAYMENT IN ADVANCE
• PAYMENT AGAINST DOCUMENTS
• CASH AGAINST GOODS

Incoterms

• EXW (Ex works) means that the seller has the goods ready for collection at his premises (Works, factory, warehouse, plant) on the date agreed upon. The buyer pays all transportation costs and also bears the risks for bringing the goods ...

Inward Processing Approval Certificate

• Inward Processing Regime is a tool of export incentives that provides customs exemption to the inputs that are subject to customs tax and used in manufacturing of the export products. The firms take advantage of various incentives especially in the form...

Outward Processing Approval Certificate

• Outward Processing activity ; is the provisional export to abroad or to free zones of goods in free circulation for higher level processing, repair or renovation, and to have the products that result from such processes enter into free circulation with...