Export/import License: This is an author., which must be obtained from a country’s Ministry in charge of industries and commerce before import or export could be made.
Export Invoice: Is a document which gives all relevant information Pertaining to prices, quantity, quality, sizes and description of goods sold and the name of the vessel carrying the goods.
C.I.F, Mean cost Insurance and freight.
DIP Means Document against Payment.
Certificate of Origin: shows the origin of goods, i.e where the goods are manufactured or where they are coming from.
Bill of Lading: This Is a document signed by ship owners or their agents specifying that certain goods have been shipped in one of their vessels.
Insurance Certificate: This is the marine insurance policy which an importer or exporter undertakes to cover the probable risk of the goods while in transit.
Consular invoice: This is a document prepared by the exporter indicating the free on board price and the transportation (shipping) charges of the goods and signed by the exporter in the presence of the importers country’s consul. This helps to avert any possible conspiration between the importer and the exporter from understating the prices of goods so that the goods could attract less custom duties thereby depriving the government of its substantial revenue.
Ship’s Manifest: Is a document prepared and endorsed by the ship masters stating full particulars of goods and passengers on board the ship, the name of the ship and the destination.
Mate’s Receipt. Is a temporary receipt issued to the exporter by an authorized mate of the ship acknowledging that the goods have been received in good condition from the consignor. This receipt is later exchanged for the bill of lading at the office of the shipping company carrying the consignment.