1. Mate’s Receipt : This receipt is given by the commanding officer the ship to the exporter after the cargo is loaded on the ship. The mate's receipt indicates the name of the vessel, berth, date of shipment description of packages, marks and numbers etc.
2. Shipping bill : The shipping bill is the main document on the basis of which customs office grants permission to the exporter.
3. Bill of lading : Bill of lading a a document wherein shipping company gives its official receipt of the goods put on board its vessel and at the same time gives an undertaking to carry them to the port of destination. It is also document of title to the goods and is freely transferable by the endorsement and delivery.
4. Airway bill : Airway bill is a document wherein the airline company gives its official receipt of the goods on board, its air coaraft and at the same time gives and undertaking to carry them to the port of distinations.
5. Marine Insurance Policy : It is necessary to get insurance of the consignment by the exporter. Marine insurance policy is a certificate of insurance contract given by insurance company who agrees in consideration of a payment to indemnity the insured against loss in respect of goods exposed to perits of the sea.
6. Cart ticket : It is also called cart chit or gate pass. It is prepared by the exporter and includes details of the export cargo in terms of the shipper’s name, number of packages, shiping bill number, port of destination etc. First of all gets assurance about the financial viability of the importer. After that he initiates the steps relating to compliance of export regulations. Export of goods in India is subject to custom laws which demand that the export firm must have an export license before it proceed with export. Important pre-conditions for getting a export license are :
a. Opening a bank account in any bank authorised by RBI and getting the account number.
b. Obtaining Import Export Code Number from the Directorate General of Foreign Trade (DGFT) or Regional Import Export Licensing Authority.
c. Registering with appropriate export promotion council such as Engineering Export Promotion Council and Apparel Export Promotion Council.
d. Registering with Export Credit and Guarantee Corporation (ECGG) in order to safeguard against risks of non-payment.
An export needs to have the Importer Exporter Code (IEC) number as it needs to be filled in various export/import documents.
