Export and Import Documents in Apparel Industry
Noor Ahmed Raaz
B.Sc. in Textile Engineering (CU)
Specialized in Apparel Manufacturing
Atish Dipankar University of Science & Technology
Export and Import Order Documents:
Price quotation Documents are an essential issue in apparel manufacturing process. There are different types of process to prepare a price quotation for buyers. Before price quotation process, we need few important documents. Those documents are also required for export and import process. Now I would like to talk about the necessary documents for garments export, import and also the preparation of price quotation.
Necessary Documents for Garments Export and Import:
The necessity of garments export and import of are as follows-
In order to release imported goods from the port, the following documents are necessary for execution a garments order process. They are as follows-
- Bill of entry
- Copy of bill of lading (BL)
- Copy of invoice.
- Letter of credit authorization(LCA)
- Packing list
- Certificate of origin(CO)
- UD/UP(Utilization Declaration/ Utilization Permission)
- Copy of master L/C
- Proforma invoice
- Copy of insurance cover note
- PSI(Pre-shipment inspection)S
- Any other documents.
According to the import documents, we need to export documents also for execution a garments order. An exporter should have to submit the following documents to the customs authority-
- Shipping bill of entry.
- Export L/C
- UD (Utilization Declaration)
- Packing list
- VBF-QA Form to be supplied by the C & F AGENT
- Export permission form (EXP)
How to Prepare a Price Quotation for Buyers:
There are three processes for fixation of export prices in garments which are as below-
1. FOB (Free on board):
FOB is the short form of Free on Board. FOB is the value of the product which is claimed or fixed without the cost of transportation of eh goods.
2. C&F value (Cost &Freight):
C and F are denoted by Cost and Freight. It is the value of the product which is claimed or fixed including the cost of transportation of the goods.
FOB (Cost) +Freight=C&F
3. CIF (Cost, insurance & freight):
CIF means the cost, insurance, and freight. It is the value of the product which is claimed or fixed including the cost of transportation and insurance.
C&F + Insurance=CIF