Arhum

Ahmed
IT’S ALL
Aziz
Kakar
ABOUT
Faryal
Tariq
EXPORTS
Taha
Khan

Rida
Rasheed
EXPORT TRADE
STEP 1 STEP 2 STEP 3

RECEIPT OF ENQUIRY: OBTAINING GET NTN AND

ORDER/INDENT: SALES TAX
EXPORTER RECEIVES REGISTRATION:
ENQUIRY FROM AFTER RECEIVING
ENQUIRY AND THE EXPORTER MUST
OVERSEAS BUYERS,
PROVIDING NECESSARY OBTAIN THE
REGARDING PRICE AND NATIONAL TAX
OTHER TERMS ON DETAILS, THE EXPORTER
NUMBER CERTFICATE
WHICH THE GOODS WILL RECEIVE AN AND IF NECESSARY
CAN BE SUPPLIED TO INDENT ORDER. ALSO GET
THEM. REGISTERED WITH
THE SALES TAX
DEPARTMENT.

EXPORTING PROCESS….
THIS PROCESS IS FOLLOWED STEP BY STEP IN EXPORTING GOODS FROM PAKISTAN TO ANY FOREIGN COUNTRY.
 STEP 1

WHAT SHOULD THE RECEIPT OF ENQUIRY:

EXPORTER DO? EXPORTER RECEIVES

ENQUIRY FROM
OVERSEAS BUYERS,
REGARDING PRICE AND
THE EXPORTER SHOULD SEND THE QOUTATIONS OTHER TERMS ON
GIVING FULL DETAILS ABOUT PRICE, INSURANCE, WHICH THE GOODS
FREIGHT, HANDLING CHARGES, PACKING, AND CAN BE SUPPLIED TO
THEM.
CURRENCY ACCEPTABLE IN THE COUNTRY ETC. TO
THE OVERSEAS BUYERS.
STEP 1 STEP 2 STEP 3

RECEIPT OF ENQUIRY: OBTAINING GET NTN AND

ORDER/INDENT: SALES TAX
EXPORTER RECEIVES REGISTRATION:
ENQUIRY FROM AFTER RECEIVING
ENQUIRY AND THE EXPORTER MUST
OVERSEAS BUYERS,
PROVIDING NECESSARY OBTAIN THE
REGARDING PRICE AND NATIONAL TAX
OTHER TERMS ON DETAILS, THE EXPORTER
NUMBER CERTFICATE
WHICH THE GOODS WILL RECEIVE AN AND IF NECESSARY
CAN BE SUPPLIED TO INDENT ORDER. ALSO GET REGISTERED
THEM. WITH THE SALES TAX
DEPARTMENT.
 STEP 2

WHAT WILL AN INDENT OBTAINING ORDER/INDENT

ORDER ENTAIL? AFTER RECEIVING ENQUIRY

AND PROVIDING NECESSARY
DETAILS, THE EXPORTER WILL
RECEIVE AN INDENT ORDER.
THE INDENT ORDER MUST CONTAIN THE
PARTICULARS OF QUALITY, QUANTITY, RATE, TIME
OF DEIIVERY, TRANSPORT, INSURANCE ETC.
SAMPLE OF AN INDENT ORDER:
 STEP 2
WHAT WILL THE EXPORTER DO OBTAINING ORDER/INDENT
AFTER RECEIVING AN INDENT
ORDER? AFTER RECEIVING ENQUIRY
AND PROVIDING NECESSARY
DETAILS, THE EXPORTER WILL
RECEIVE AN INDENT ORDER.
THE EXPORTER WILL SEND NECESSARY
INSTRUCTIONS TO THE FORWARDING AGENT TO
MAKE ARRANGEMENTS FOR THE SHIPMENT OF THE
GOODS TO THE PROSPECTIVE IMPORTER.
STEP 1 STEP 2 STEP 3

RECEIPT OF ENQUIRY: OBTAINING GET NTN AND

ORDER/INDENT: SALES TAX
EXPORTER RECEIVES REGISTRATION:
ENQUIRY FROM AFTER RECEIVING
ENQUIRY AND THE EXPORTER MUST
OVERSEAS BUYERS,
PROVIDING NECESSARY OBTAIN THE
REGARDING PRICE AND NATIONAL TAX
OTHER TERMS ON DETAILS, THE EXPORTER
NUMBER CERTFICATE
WHICH THE GOODS WILL RECEIVE AN AND IF NECESSARY
CAN BE SUPPLIED TO INDENT ORDER. ALSO GET REGISTERED
THEM. WITH THE SALES TAX
DEPARTMENT.
 STEP 3
HOW WILL THE EXPORTER
OBTAIN NTN AND REGISTER GET NTN AND SALES
TAX REGISTRATION:
FOR SALES TAX?
THE EXPORTER MUST
OBTAIN THE NATIONAL TAX
NUMBER CERTFICATE AND IF
NATIONAL TAX NUMBER CERTIFICATE, IS ISSUED BY THE NECESSARY ALSO GET
INCOME TAX DEPARTMENT ON FILING OF APPLICATION REGISTERED WITH THE SALES
TAX DEPARTMENT.
FORM ACCOMPANIED WITH ONE ATTESTED COPY OF
NIC.

HOWEVER, COMMERCIAL EXPORTER IS NOT REQUIRED

TO REGISTER WITH SALES TAX DEPARTMENT. BUT IT IS
BETTER IF YOU DO, SO THAT YOU CAN CLAIM YOUR
INPUT TAX DEDUCTION FROM YOUR OWN PURCHASES.
STEP 1 STEP 2 STEP 3

RECEIPT OF ENQUIRY: OBTAINING GET NTN AND

ORDER/INDENT: SALES TAX
EXPORTER RECEIVES REGISTRATION:
ENQUIRY FROM AFTER RECEIVING
ENQUIRY AND THE EXPORTER MUST
OVERSEAS BUYERS, OBTAIN THE
REGARDING PRICE AND PROVIDING NECESSARY
NATIONAL TAX
OTHER TERMS ON DETAILS, THE EXPORTER
NUMBER CERTFICATE
WHICH THE GOODS WILL RECEIVE AN AND IF NECESSARY
CAN BE SUPPLIED TO INDENT ORDER. ALSO GET REGISTERED
THEM. WITH THE SALES TAX
DEPARTMENT.
STEP 4 STEP 5 STEP 6

DEMANDING THE PROCURING THE COMPLIANCE WITH

LETTER OF CREDIT: GOODS: EXCHANGE
REGULATIONS:
AS SOON AS THE ORDER IF THE EXPORTER IS A
IS ACCEPTED, THE MANUFACTURER, HE ACCORDING TO
EXPORTER INTIMATES WILL PRODUCE THE PAKISTAN FOREIGN
THE IMPORTER TO OPEN GOODS. OTHERWISE HE EXCHANGE
A LETTER OF CREDIT,, WILL PROCURE THE COMMISSION ACT
BECAUSE IT GIVES GOODS FROM A 1974, AN EXPORTER
ASSURANCE TO THE PROCUCER, HAS TO SUBMIT
EXPORTER REGARDING WHOLESELLER OR A FOUR COPIES OF
PAYMENT. SELLING AGENT. “FORM E” TO THE
CONTROLLER OF
CUSTOM.
 STEP 4

WHY DOES EXPORTER DEMANDING THE

LETTER OF CREDIT:
DEMANDS A L/C? AS SOON AS THE
ORDER IS ACCEPTED,
THE EXPORTER
IN FOREIGN TRADE IMPORTERS AND EXPORTERS INTIMATES THE
IMPORTER TO OPEN A
MIGHT NOT KNOW EACH OTHER, HENCE THE
LETTER OF CREDIT,,
EXPORTER IS SURE OF THE IMPORTER’S CREDIT BECAUSE IT GIVES
WORTHINESS, SO HE DEMANDS L/C. ASSURANCE TO THE
EXPORTER REGARDING
PAYMENT.
 STEP 4

WHAT IS A LETTER OF DEMANDING THE

LETTER OF CREDIT:
CREDIT? AS SOON AS THE
ORDER IS ACCEPTED,
THE EXPORTER
IT IS A DOCUMENT ISSUED BY IMPORTER’S BANK INTIMATES THE
TO THE EXPORTER’S BANK, DIRECTING THAT THE IMPORTER TO OPEN A
BENEFICIARY NAMED IN THE LETTER SHOULD BE LETTER OF CREDIT,,
BECAUSE IT GIVES
ALLOWED CREDIT FOR A SPECIFIC PERIOD
ASSURANCE TO THE
ACCORDING TO THE TERMS AND CONDITIONS
EXPORTER REGARDING
MENTIONED IN IT. PAYMENT.
SAMPLE OF LETTER OF CREDIT:
STEP 4 STEP 5 STEP 6

DEMANDING THE PROCURING THE COMPLIANCE WITH

LETTER OF CREDIT: GOODS: EXCHANGE
REGULATIONS:
AS SOON AS THE ORDER IF THE EXPORTER IS A
IS ACCEPTED, THE MANUFACTURER, HE ACCORDING TO
EXPORTER INTIMATES WILL PRODUCE THE PAKISTAN FOREIGN
THE IMPORTER TO OPEN GOODS. OTHERWISE HE EXCHANGE
A LETTER OF CREDIT,, WILL PROCURE THE COMMISSION ACT
BECAUSE IT GIVES GOODS FROM A 1974, AN EXPORTER
ASSURANCE TO THE PROCUCER, HAS TO SUBMIT FOUR
EXPORTER REGARDING WHOLESELLER OR A COPIES OF “FORM E”
PAYMENT. SELLING AGENT. TO THE CONTROLLER
OF CUSTOM.
 STEP 6

COMPLIANCE WITH
EXCHANGE
WHAT IS A FORM E? REGULATIONS:

ACCORDING TO
PAKISTAN FOREIGN
FORM E OR E FORM IS AN EXPORT DECLARATION EXCHANGE COMMISSION
FORM WHICH IS USED FOR EXPORT PURPOSE, IN IT ACT 1974, AN EXPORTER
WE DECLARED THAT THIS SHIPMENT IS BEING HAS TO SUBMIT FOUR
COPIES OF “FORM E” TO
PROCESSED AGAINST THE FOREIGN EXCHANGE.
THE CONTROLLER OF
CUSTOM.
 STEP 6
WHAT DOES A FORM E
CONTAIN? COMPLIANCE WITH
EXCHANGE
REGULATIONS:

ACCORDING TO
PAKISTAN FOREIGN
THIS FORM E CONTAINS FULL INFORMATION ABOUT EXCHANGE COMMISSION
THE GOODS, STATION TO WHICH GOODS ARE ACT 1974, AN EXPORTER
ASSIGNED, CURRENCY IN WHICH THE GOODS ARE HAS TO SUBMIT FOUR
INVOICED ETC. COPIES OF “FORM E” TO
THE EXPORTER MUST GIVE AN UNDERTAKING OF
THE CONTROLLER OF
CUSTOM.
FULL VALUE OF THE EXPORTED GOODS IN FOREIGN
EXCHANGE.
SAMPLE OF “FORM E”
STEP 4 STEP 5 STEP 6

DEMANDING THE PROCURING THE COMPLIANCE WITH

LETTER OF CREDIT: GOODS: EXCHANGE
REGULATIONS:
AS SOON AS THE ORDER IF THE EXPORTER IS A
IS ACCEPTED, THE MANUFACTURER, HE ACCORDING TO
EXPORTER INTIMATES WILL PRODUCE THE PAKISTAN FOREIGN
THE IMPORTER TO OPEN GOODS. OTHERWISE HE EXCHANGE
A LETTER OF CREDIT,, WILL PROCURE THE COMMISSION ACT
BECAUSE IT GIVES GOODS FROM A 1974, AN EXPORTER
ASSURANCE TO THE PROCUCER, HAS TO SUBMIT FOUR
EXPORTER REGARDING WHOLESELLER OR A COPIES OF “FORM E”
PAYMENT. SELLING AGENT. TO THE CONTROLLER
OF CUSTOM.
STEP 7 STEP 8 STEP 9

PACKING AND PREPARATION OF OBTAINING THE

SHIPPING: INVOICE: CERTIFICATE OF
ORIGIN:
THE GOODS MUST BE THE EXPORTER AFTER
PACKED IN MEETING ALL THE THEN THE EXPORTER
ACCORDANCE TO THE FORMALITIES AND WILL OBTAIN THE
NATURE OF GOODS. REGULATIONS, CERTIFICATE OF
AND THEN A SHIPPING PREPARES THE INVOICE ORIGIN WHICH
COMPANY MUST BE (7 COPIES) ACCORDING CERTIFIES THE NAME
BOOKED. TO THE AGREED PRICE OF THE COMPANY IN
QUOTATIONS WITH WHICH THE GOODS
THE OVERSEAS BUYER. WERE PRODUCED.
 STEP 7

HOW WILL THE EXPORTER PACKING AND SHIPPING:

PACK? THE GOODS MUST BE

PACKED IN ACCORDANCE
TO THE NATURE OF
GOODS. AND THEN A
THE EXPORTER MUST TAKE EXTREME CARE WHILE PACKING,
BECAUSE ONE MISTAKE CAN COST THOUSANDS OF DOLLARS.
SHIPPING COMPANY MUST
PACKING CAN BE DONE IN CARTONS, CRATES OR BAGS
BE BOOKED.
DEPENDING ON THE NATURE OF THE GOODS.

THE PACKED GOODS THEN MUST BE LABELLED WITH SYMBOLS

OR NUMBERS,WHICH WILL BE LATER DEFINED TO THE IMPORTER
IN THE SHIPPING LIST.

THE PACKAGING CAN BE DONE WITHIN THE EXPORT COMPANY

OR THE JOB CAN BE ASSIGNED TO AN OUTSIDE PACKAGING
COMPANY.
SAMPLE OF SHIPPING LIST:
 STEP 7

HOW WILL THE EXPORTER PACKING AND SHIPPING:

SHIP GOODS? THE GOODS MUST BE

PACKED IN ACCORDANCE
TO THE NATURE OF
GOODS. AND THEN A
THE EXPORTER WILL REQUEST A SHIPPING SHIPPING COMPANY MUST
COMPANY FOR BOOKING OF SHIPPING SPACE. ON BE BOOKED.
APPROVAL, THE SHIPPING COMPANY ISSUES THE
“SHIPPING ORDER” ADDRESSED TO THE CAPTAIN
OF THE SHIP TO TAKE THE GOODS ON BOARD.
STEP 7 STEP 8 STEP 9

PACKING AND PREPARATION OF OBTAINING THE

SHIPPING: INVOICE: CERTIFICATE OF
ORIGIN:
THE GOODS MUST BE THE EXPORTER AFTER
PACKED IN MEETING ALL THE THEN THE EXPORTER
ACCORDANCE TO THE FORMALITIES AND WILL OBTAIN THE
NATURE OF GOODS. REGULATIONS, CERTIFICATE OF
AND THEN A SHIPPING PREPARES THE INVOICE ORIGIN WHICH
COMPANY MUST BE (7 COPIES) ACCORDING CERTIFIES THE NAME
BOOKED. TO THE AGREED PRICE OF THE COMPANY IN
QOUTATIONS WITH WHICH THE GOODS
THE OVERSEAS BUYER. WERE PRODUCED.
 STEP 8

PREPARATION OF INVOICE:

WHAT IS AN INVOICE? THE EXPORTER AFTER

MEETING ALL THE
FORMALITIES AND
REGULATIONS, PREPARES
INVOICE IS AN IMPORTANT BUSINESS DOCUMENT THE INVOICE (7 COPIES)
WHICH IS MADE OUT BY THE SELLER CONTAINING ACCORDING TO THE
FULL INFORMATION ABOUT THE DESCRIPTION OF AGREED PRICE
GOODS, THE DATE OF SALE, THE TERMS ON WHICH QOUTATIONS WITH THE
THE GOODS ARE SOLD AND FULL ADDRESS OF THE OVERSEAS BUYER. ;
BUYER AND SELLER.
SAMPLE OF AN INVOICE:
STEP 7 STEP 8 STEP 9

PACKING AND PREPARATION OF OBTAINING THE

SHIPPING: INVOICE: CERTIFICATE OF
ORIGIN:
THE GOODS MUST BE THE EXPORTER AFTER
PACKED IN MEETING ALL THE THEN THE EXPORTER
ACCORDANCE TO THE FORMALITIES AND WILL OBTAIN THE
NATURE OF GOODS. REGULATIONS, CERTIFICATE OF
AND THEN A SHIPPING PREPARES THE INVOICE ORIGIN WHICH
COMPANY MUST BE (7 COPIES) ACCORDING CERTIFIES THE NAME
BOOKED. TO THE AGREED PRICE OF THE COMPANY IN
QOUTATIONS WITH WHICH THE GOODS
THE OVERSEAS BUYER. WERE PRODUCED.
 STEP 9

WHAT IS A CERTIFICATE OF OBTAINING THE

CERTIFICATE OF ORIGIN:
ORIGIN?
THEN THE EXPORTER WILL
OBTAIN THE CERTIFICATE
OF ORIGIN WHICH
WHEN THERE IS SOME AGREEMENT BETWEEN CERTIFIES THE NAME OF
CERTAIN COUNTRIES FOR EXEMPTING THEIR GOODS THE COMPANY IN WHICH
FROM IMPORT DUTIES, IT IS NECESSARY FOR THE GOODS WERE
EXPORTERS TO SECURE A CERTIFICATE CALLED PRODUCED.
CERTIFICATE OF ORIGIN. IT IS SENT TO THE IMPORTER
TO PRESENT IT TO THE CUSTOM AUTHORITIES OF THE
IMPORTING COUNTRY. IT INDICATES THE ORIGIN OF
EXPORTER AND IT IS GENERALLY ISSUED AND SIGNED
BY THE CHAMBER OF COMMERCE OF THE EXPORTING
COUNTRY.
SAMPLE OF A CERTIFICATE OF ORIGIN:
STEP 7 STEP 8 STEP 9

PACKING AND PREPARATION OF OBTAINING THE

SHIPPING: INVOICE: CERTIFICATE OF
ORIGIN:
THE GOODS MUST BE THE EXPORTER AFTER
PACKED IN MEETING ALL THE THEN THE EXPORTER
ACCORDANCE TO THE FORMALITIES AND WILL OBTAIN THE
NATURE OF GOODS. REGULATIONS, CERTIFICATE OF
AND THEN A SHIPPING PREPARES THE INVOICE ORIGIN WHICH
COMPANY MUST BE (7 COPIES) ACCORDING CERTIFIES THE NAME
BOOKED. TO THE AGREED PRICE OF THE COMPANY IN
QOUTATIONS WITH WHICH THE GOODS
THE OVERSEAS BUYER. WERE PRODUCED.
STEP 10 STEP 11 STEP 12

CUSTOM FORMALITIES: SECURING THE MATE’S RECEIPT:

INSURANCE POLICY:
THE NEXT STEP IS TO AN EXPORTER MAY
FILL THE SHIPPING BILL THE NEXT STEP IS THE DELIVER THE GOODS
(6 COPIES) AND INSURANCE OF THE TO THE DOCK, AND
PRESENT IT TO THE GOODS TO BE SHIPPED. OBTAIN DOCK’S
PORT TRAFFIC RECEIPT. OR HE CAN
MANAGER. DELIVER THEM TO THE
MATE OF THE SHIP, IF
HE IS SATISFIED HE
WILL ISSUE CLEAN
MATE’S RECEIPT.
 STEP 10

CUSTOM FORMALITIES:
WHAT IS A SHIPPING BILL? THE NEXT STEP IS TO
FILL THE SHIPPING BILL
(6 COPIES) AND
THE SHIPPING BILL IS THE MAIN DOCUMENT ON PRESENT IT TO THE
THE BASIS OF WHICH THE CUSTOMS GIVE PORT TRAFFIC
PERMISSION TO PUT THE GOODS ABROAD. A MANAGER.
SHIPPING BILL IS ISSUED BY THE SHIPPING AGENT
AND REPRESENTS A CERTIFICATE FOR ALL PARTIES,
INCLUDED SHIP'S OWNER, SELLER, BUYER AND
SOME OTHER PARTIES.
SAMPLE OF A SHIPPING BILL:
 STEP 10
WHAT WILL THE PORT CUSTOM FORMALITIES:
TRAFFIC MANAGER DO? THE NEXT STEP IS TO
FILL THE SHIPPING BILL
(6 COPIES) AND
THE PORT TRAFFIC MANAGER AFTER RECEIVING PRESENT IT TO THE
THE SHIPPING BILLS AND SCRUTINIZING OTHER PORT TRAFFIC
MANAGER.
DOCUMENTS WILL PASS AN ORDER (CUSTOM
EXPORT PASS) FOR THE EXPORT OF GOODS.
STEP 10 STEP 11 STEP 12

CUSTOM FORMALITIES: SECURING THE MATE’S RECEIPT:

INSURANCE POLICY:
THE NEXT STEP IS TO AN EXPORTER MAY
FILL THE SHIPPING BILL THE NEXT STEP IS THE DELIVER THE GOODS
(6 COPIES) AND INSURANCE OF THE TO THE DOCK, AND
PRESENT IT TO THE GOODS TO BE SHIPPED. OBTAIN DOCK’S
PORT TRAFFIC RECEIPT. OR HE CAN
MANAGER. DELIVER THEM TO THE
MATE OF THE SHIP, IF
HE IS SATISFIED HE
WILL ISSUE CLEAN
MATE’S RECEIPT.
 STEP 11
WHY WOULD THE EXPORTER
SECURE AN INSURANCE SECURING THE
INSURANCE POLICY:
POLICY?
THE NEXT STEP IS THE
INSURANCE OF THE
GOODS TO BE SHIPPED.
THE INSURANCE POLICY ENSURES AN
UNDERTAKING BY THE INSURANCE COMPANY TO
THE EFFECT THAT IN CASE OF DAMAGE OF GOODS
IN TRANSIT, THE RISK AND COST WILL BE COVERED
BY INSURANCE.
SAMPLE OF AN INSURANCE CERTIFICATE:
STEP 10 STEP 11 STEP 12

CUSTOM FORMALITIES: SECURING THE MATE’S RECEIPT:

INSURANCE POLICY:
THE NEXT STEP IS TO AN EXPORTER MAY
FILL THE SHIPPING BILL THE NEXT STEP IS THE DELIVER THE GOODS
(6 COPIES) AND INSURANCE OF THE TO THE DOCK, AND
PRESENT IT TO THE GOODS TO BE SHIPPED. OBTAIN DOCK’S
PORT TRAFFIC RECEIPT. OR HE CAN
MANAGER. DELIVER THEM TO THE
MATE OF THE SHIP, IF
HE IS SATISFIED HE
WILL ISSUE CLEAN
MATE’S RECEIPT.
 STEP 12

WHAT IS CLEAN MATE’S MATE’S RECEIPT:

RECEIPT? AN EXPORTER MAY

DELIVER THE GOODS TO
THE DOCK, AND OBTAIN
DOCK’S RECEIPT. OR HE
CLEAN MATE'S RECEIPT IS A RECEIPT ISSUED BY THE CAN DELIVER THEM TO
COMMANDING OFFICER OF THE SHIP WHEN THE THE MATE OF THE SHIP, IF
CARGO IS LOADED ON THE SHIP. IT IS A PRIMA FACIE HE IS SATISFIED HE WILL
EVIDENCE THAT GOODS ARE LOADED IN THE VESSEL. ISSUE CLEAN MATE’S
MATE'S RECEIPT IS NOT A DOCUMENT OF TITLE OF RECEIPT.
GOODS. IT IS MERELY A RECEIPT OF GOODS.
SAMPLE OF THE MATE’S RECEIPT:
STEP 10 STEP 11 STEP 12

CUSTOM FORMALITIES: SECURING THE MATE’S RECEIPT:

INSURANCE POLICY:
THE NEXT STEP IS TO AN EXPORTER MAY
FILL THE SHIPPING BILL THE NEXT STEP IS THE DELIVER THE GOODS
(6 COPIES) AND INSURANCE OF THE TO THE DOCK, AND
PRESENT IT TO THE GOODS TO BE SHIPPED. OBTAIN DOCK’S
PORT TRAFFIC RECEIPT. OR HE CAN
MANAGER. DELIVER THEM TO THE
MATE OF THE SHIP, IF
HE IS SATISFIED HE
WILL ISSUE CLEAN
MATE’S RECEIPT.
STEP 13 STEP 14 STEP 15

OBTAINING THE BILL DESPATCHING THE SECURING PAYMENT:

OF LADING: DOCUMENTS:
THE EXPORTER HAS
AFTER OBTAINING THE AT THIS STAGE ALL THE ALREADY SECURED
MATE’S RECEIPT THE DOCUMENTS ARE PAYMENT WITH THE
SHIPPING COMPANY DESPATCHED TO THE L/C THROUGH
ISSUES A REGULAR BILL IMPORTER’S BANK. IT WHICH HE WILL
OF LADING. INCLUDES INVOICE, BILL DRAW A BILL OF
OF EXCHANGE, BILL OF EXCHANGE ON THE
LADING, INSURANCE BANK WHICH ISSUED
POLICY ETC. L/C. THE BILL CAN BE
(D/A) OR (D/P).
 STEP 13

OBTAINING THE BILL OF

LADING:
WHAT IS A BILL OF LADING?
AFTER OBTAINING THE
MATE’S RECEIPT THE
SHIPPING COMPANY
BILL OF LADING IS THE MOST IMPORTANT ISSUES A REGULAR BILL
DOCUMENT IN INTERNATIONAL TRADE. A BILL OF OF LADING.
LADING GIVES INFORMATION ABOUT THE
CONSIGNOR (SENDER), CONSIGNEE(RECIPIENT)
DETAILS ABOUT THE GOODS, DESTINATION OF THE
GOODS AND THE NAME OF THE SHIP ETC. IT IS
SIGNED BY THE MASTER OF THE SHIP. THUS IT IS THE
OFFICIAL RECEIPT OF THE TITLE OF GOODS WHICH
CA BE ENDORSED.
SAMPLE OF A BILL OF LADING:
STEP 13 STEP 14 STEP 15

OBTAINING THE BILL DESPATCHING THE SECURING PAYMENT:

OF LADING: DOCUMENTS:
THE EXPORTER HAS
AFTER OBTAINING THE AT THIS STAGE ALL THE ALREADY SECURED
MATE’S RECEIPT THE DOCUMENTS ARE PAYMENT WITH THE
SHIPPING COMPANY DESPATCHED TO THE L/C THROUGH
ISSUES A REGULAR BILL IMPORTER’S BANK. IT WHICH HE WILL
OF LADING. INCLUDES INVOICE, BILL DRAW A BILL OF
OF EXCHANGE, BILL OF EXCHANGE ON THE
LADING, INSURANCE BANK WHICH ISSUED
POLICY ETC. L/C. THE BILL CAN BE
(D/A) OR (D/P).
 STEP 15
HOW WILL THE EXPORTER GET
THE SALE PRICE OF THE GOODS SECURING PAYMENT:

EXPORTED? THE EXPORTER HAS

ALREADY SECURED
PAYMENT WITH THE L/C
THROUGH WHICH HE WILL
THE EXPORTER WILL RECEIVE THE PAYMENT OF DRAW A BILL OF
GOODS SOLD BY DRAWING A BILL OF EXCHANGE EXCHANGE ON THE BANK
ON THE BANK WHICH ISSUED THE LETTER OF WHICH ISSUED L/C. THE BILL
CREDIT. CAN BE (D/A) OR (D/P).
 STEP 15

WHAT IS A BILL OF SECURING PAYMENT:

EXCHANGE? THE EXPORTER HAS

ALREADY SECURED
PAYMENT WITH THE L/C
THROUGH WHICH HE WILL
BILL OF EXCHANGE. A BILL OF EXCHANGE IS A DRAW A BILL OF
DOCUMENT USED IN INTERNATIONAL TRADE TO PAY EXCHANGE ON THE BANK
FOR GOODS OR SERVICES. IT IS SIGNED BY THE PERSON WHICH ISSUED L/C. THE BILL
PROMISING TO PAY, AND GIVEN TO THE PERSON CAN BE (D/A) OR (D/P).
ENTITLED TO RECEIVE THE MONEY. THE BILL MAY SPECIFY
THAT PAYMENT IS DUE ON DEMAND, OR AT A SPECIFIC
FUTURE DATE.
SAMPLE OF BILL OF EXCHANGE.
 STEP 15

HOW DOES BILL OF SECURING PAYMENT:

EXCHANGE WORK? THE EXPORTER HAS

ALREADY SECURED
PAYMENT WITH THE L/C
THROUGH WHICH HE WILL
THE BILL IS SENT TO THE IMPORTER THROUGH A BANK DRAW A BILL OF
OF AN IMPORTING COUNTRY. IT IS HANDED OVER TO EXCHANGE ON THE BANK
IMPORTER ACCORDING TO THE INSTRUCTIONS OF WHICH ISSUED L/C. THE BILL
EXPORTER. IF THE BILL IS D/A (DOCUMENT AFTER CAN BE (D/A) OR (D/P).
ACCEPTANCE). THEY ARE HANDED OVER TO
IMPORTER AFTER THE ACCEPTANCE OF BILLS. BUT IN
CASE, IT IS D/P (DOCUMENTS AGAINST PAYMENT),
THEY ARE HANDED OVER AFTER THE PAYMENT FROM
IMPORTER.
STEP 13 STEP 14 STEP 15

OBTAINING THE BILL DESPATCHING THE SECURING PAYMENT:

OF LADING: DOCUMENTS:
THE EXPORTER HAS
AFTER OBTAINING THE AT THIS STAGE ALL THE ALREADY SECURED
MATE’S RECEIPT THE DOCUMENTS ARE PAYMENT WITH THE
SHIPPING COMPANY DESPATCHED TO THE L/C THROUGH
ISSUES A REGULAR BILL IMPORTER’S BANK. IT WHICH HE WILL
OF LADING. INCLUDES INVOICE, BILL DRAW A BILL OF
OF EXCHANGE, BILL OF EXCHANGE ON THE
LADING, INSURANCE BANK WHICH ISSUED
POLICY ETC. L/C. THE BILL CAN BE
(D/A) OR (D/P).
STEP 16

DELIVERY OF
DOCUMENTS: T E
H N
THE IMPORTER’S BANK
WILL HAND OVER ALL
THE DOCUMENTS OF
THE TITLE OF THE

E D
GOODS AFTER THE
IMPORTER EITHER
ACCEPTS OR PAYS THE
BILL OF EXCHANGE.
THANK YOU!