01/10/2023
A bill of lading is a document that details the type, quantity, and destination of goods being shipped. The bill of lading also serves as a receipt of shipment once the goods have been loaded onto the vessel. Bills of lading come in two forms- Master and House Bills.
01/10/2023
An air waybill or AWB is a document that looks after goods shipped by an international courier, which allows for tracking. It serves as a receipt of goods by an airline, as well as a contract of carriage between the shipper and the carrier.
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30/09/2023
aims to be the force for value creation and innovation driving a safe, secure, and profitable air transport industry that sustainably connects and enriches the world. IATA’s mission is to represent, lead, and serve the airline industry.
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30/09/2023
A lorry receipt, also known as a truck receipt or LR is an essential document used in transportation and logistics to acknowledge the receipt of goods by a carrier (commonly a lorry or truck) for transportation from one place to another.
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29/09/2023
The AD code is an abbreviation for Authorised Dealer Code. It is a 14-digit code that is obtained from the bank where the merchant has its current account. It is one of the primary documents that merchants need to get through the customs clearance process after import-export registration.
28/09/2023
It deals with the tasks of formulation of policy pertaining to levy and collection of Customs, Central Excise duties, Central Goods & Services Tax and IGST, prevention of smuggling, and administration of matters relating to Customs, Central Excise, Central Goods & Services Tax, IGST, and Narcotics to the extent under CBIC’s
28/09/2023
LEO in shipping stands for LET Export Order. The customs department issues LEO after inspecting the quantity and value of goods being shipped, along with other mandatory paperwork.
27/09/2023
EDI is a standard electronic format that replaces paper-based documents such as purchase orders or invoices. By automating paper-based transactions, organizations can save time and eliminate costly errors caused by manual processing.
27/09/2023
ECGC Ltd. is the seventh largest credit insurer in the world in terms of coverage of national exports.
Its primary function is to deliver a variety of risk insurance products that cover losses and bad debts on exports.
26/09/2023
An FSSAI license serves as a certification that your food business complies with food safety regulations set by FSSAI. This certification helps build customer trust, as customers are more likely to trust a business that prioritizes food safety and grade.
FSSAI has been initiated to lay down science-based norms for articles of food and to regulate their manufacture, storage, distribution, sale, export, and import to ensure the safety and healthful food for human consumption.