A company plans to entrust an agency company to export goods and has questions about tax refund processing. They are asking who should handle the tax refund for entrusted agency exports and if there are any special regulations. The best answer indicates that in principle, the entrusting party handles the tax refund as they are the actual owner and seller of the goods, and they need to obtain proof and relevant information from the agent to declare the refund. In special circumstances, if the entrusting party lacks import/export rights and there is an agreement, the agent may handle the tax refund.
What are the ten documents for import and export freight forwarding? Come and find out!
Resolved
I am new to the import and export freight forwarding industry and would like to know what are the specific ten documents for import and export freight forwarding? I've heard before that documents are very important, and different documents have different functions. If they are mishandled, it could affect cargo transportation and customs clearance. Therefore, I would like to ask the professionals to explain these ten documents in detail. Thank you all in advance!
Trade Expert Insights Answers
Linda GuoYears of service：3Customer Rating：5.0
Trade Dispute MediatorStart a Chat
In import and export freight forwarding, the ten common documents are as follows:
First, the Commercial Invoice, which is issued by the seller to the buyer, providing a comprehensive and detailed description of the shipped goods, and is used to collect payment from the buyer. It is an indispensable document for import and export customs declaration.
Second, the Bill of Lading, which is a receipt for the goods issued by the carrier to the shipper after receiving or loading the goods onto the ship. It is also proof of the transportation contract and a document of title to the goods.
Third, the Packing List, which indicates the name, specifications, quantity, case number, number of pieces, and weight of the packed goods, as well as the packaging details.
Fourth, the Certificate of Origin, which is used to prove that the goods originate from a specific country or region and are eligible for normal tariff (most-favored-nation) treatment in the importing country.
Fifth, the Quality Inspection Certificate, which proves the actual quality, specifications, grade, and other aspects of import and export goods.
Sixth, the Weight Inspection Certificate, which is a certificate proving the weight of import and export goods.
Seventh, the Insurance Policy, which is a formal proof of the insurance contract between the insurer and the insured, and is the primary basis for the insured to claim and the insurer to settle claims.
Eighth, the Shipping Order, which is a document issued by the shipping company or its agent to the shipper or freight forwarder after accepting the shipper's application for shipment.
Ninth, the Customs Declaration Form, which is a written declaration made by the consignor or consignee of import and export goods, or their agent, in the format prescribed by the customs, stating the actual situation of the import and export goods.
Tenth, the Inspection Declaration Form, which is the statutory document for the consignor or their agent to declare the inspection and quarantine of import and export goods.
Thomas LiYears of service：7Customer Rating：5.0
Import Licensing AdvisorStart a Chat
The Packing List is very important among the import and export freight forwarding documents. It meticulously records the condition of the goods in each package, such as quantity and specifications, which facilitates customs inspection and allows the recipient to verify the goods. For example, in the transportation of some precision instruments, the specification descriptions on the packing list allow all parties to clearly understand the cargo information, avoiding mis-shipments and omissions.
Olivia LiuYears of service：6Customer Rating：5.0
Foreign Exchange Risk ManagerStart a Chat
The Bill of Lading is considered one of the core documents in import and export freight forwarding. It not only proves that the goods have been received or loaded by the carrier but also represents ownership of the goods. For instance, in international trade, the owner can transfer the ownership of goods by endorsing the Bill of Lading, thus facilitating the buying and selling of goods during transit.
Robert TanYears of service：5Customer Rating：5.0
International Market Development AdvisorStart a Chat
The Commercial Invoice is a foundational document in import and export freight forwarding. It contains key information such as the description and price of the goods. It is like the "identity statement" of the goods, and when declaring customs, the customs authorities use the Commercial Invoice to determine the value, tax rate, and other information of the goods, thereby calculating the tariffs.
Emma ZhaoYears of service：3Customer Rating：5.0
Export Documentation SpecialistStart a Chat
The Certificate of Origin allows goods to enjoy preferential tariff treatment in the importing country. For example, there is a free trade agreement between China and ASEAN. Some goods exported from China to ASEAN can enjoy lower tariffs with a Certificate of Origin. Therefore, for import and export enterprises, obtaining the appropriate Certificate of Origin can save costs.
Sophia WangYears of service：6Customer Rating：5.0
International Logistics CoordinatorStart a Chat
The Quality Inspection Certificate is related to the quality of the goods. If exporting food, the customs of the importing country will check whether the food meets hygiene standards based on the Quality Inspection Certificate. If the certificate is unqualified, the goods may be returned, affecting the trade process.
Daniel KimYears of service：4Customer Rating：5.0
Commodity Inspection and Quarantine ConsultantStart a Chat
The Weight Inspection Certificate is crucial when dealing with import and export of goods priced by weight. For bulk commodities like coal, buyers and sellers use the Weight Inspection Certificate to determine the weight of the goods, which serves as an important basis for settling the payment.
Richard WuYears of service：8Customer Rating：5.0
Global Trade Operations ExpertStart a Chat
The Insurance Policy plays a significant role when risks occur during cargo transportation. For example, if the cargo is damaged by a storm during transportation, the insured can claim compensation from the insurance company with the Insurance Policy, reducing their own losses.
David ChenYears of service：10Customer Rating：5.0
Trade Compliance AdvisorStart a Chat
The Shipping Order is the document that notifies the ship to load the cargo. After receiving the Shipping Order, the freight forwarder arranges for the cargo to be loaded onto the ship. The ship uses the Shipping Order to count the cargo and load it, ensuring that the loading operation proceeds in an orderly manner.
Anthony LuoYears of service：10Customer Rating：5.0
Trade Compliance ExpertStart a Chat
The Customs Declaration Form and the Inspection Declaration Form are important documents for the customs clearance of import and export goods. The Customs Declaration Form is used to declare cargo information to the customs, and the Inspection Declaration Form is used to declare to the inspection and quarantine authorities. Only when both are successfully passed can the goods be cleared through customs normally.