Export and Import Documents in Apparel Industry
Noor Ahmed Raaz
Specialized in Apparel Manufacturing
Owner and Editor in chief Textile Merchandising
Asst. Prof., Department of Textile Engineering
Atish Dipankar University of Science & Technology
Email: mnnabi@adust.edu.bd
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-
Import Documents:
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
- Commercial Invoice
- Proforma invoice
- Copy of insurance cover note
- PSI(Pre-shipment inspection)S
- Any other documents.
Export 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
- Insurance
- 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
Founder & Editor of Textile Merchandising. He is an Assistant Professor and Chairman of the Textile Engineering Department of a Reputed University in Bangladesh. He has performed numerous Research Regarding Textile Engineering. He has also received two times “Research & Development Fellowship” from the Ministry of Science & Technology in Bangladesh. For any further queries, please contact email at raju.uttara105@gmail.com or WhatsApp at +8801673758271.
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