Export Documentation: Part 4 – Certificate of Origin
Export documentation is critical. It needs to very accurate and comprehensive and to meet the full requirements of the importing country. This month we will be looking at the Certificate of Origin
Certificate of Origin
A certificate of origin (often abbreviated to C/O or CofO or CoO) in a printed form or as an electronic document is completed by the exporter and certified by a recognised issuing body, confirming that the goods in an export shipment have been produced, manufactured or processed in a particular country or trading bloc.
The origin of the product does not refer to the country where the goods were shipped from but to the country where they were manufactured. Where products are manufactured in two….
Export Documentation: Part 3 – Bill of Lading & Air Waybill
Export documentation is critical. It needs to very accurate and comprehensive and to meet the full requirements of the importing country. This month we will be looking at the Ocean Bill of Lading (BL or BoL) and the Air Waybill (AWB)
Bill of Lading
There are many articles on the internet on the Bill of Lading. I have restricted my comments to what I consider the important points gained from my experience of exporting, mostly in full container loads (Fcls), to the developing world for the past 30 years. All Sea shipments require a Bill of Lading. A BL is a receipt for the goods by the shipping line. Of all the export shipping documents the BL is the most important because an original Ocean BL is …..
Export Documentation: Part 2 – C16 & Packing list
Export documentation is critical. It needs to very accurate and comprehensive and to meet the full requirements of the importing country and for the next few months we will examine various documents. Last month in Part 1 we looked at the ‘Invoice’ and today we will look at documentation that is particular to Nigeria, namely the ‘Combined Certificate of Value and Origin’ otherwise known as the CCVO or C16. Additionally we will look at the ‘Packing List’
Nigerian C16/CCVO
The ‘Combined Certificate of Value and Origin’ or CCVO or C16 is a document specific to Nigeria. It is a combined Invoice and Certificate of Origin and is needed by Nigerian customs as one of the documents to clear the goods through customs. The figures contained within the C16….
Export Documentation: Part 1 – Invoice
Export documentation is critical. It needs to very accurate and comprehensive and to meet the full requirements of the importing country. For the next few months we will examine various documents starting today with an Export Invoice
Export Invoice
An export invoice is different to a normal accounting invoice. Whereas an accounting invoice is primarily a method of a seller to get paid by a customer, an export invoice contains a lot more fields of information relating to, for example, the product(s), the terms, method of shipping, export/import licenses, container numbers etc. Failure to complete an export invoice correctly and accurately could result in….
ZIMBABWE – Freedom Day – 21st Nov 2017
A few minutes ago Robert Mugabe resigned – absolutely fantastic news. Mugabe has been in power as president since Independence in 1980 – 37 long years ago. For the first few years he managed the country reasonably well but since 1990 he has been a terrible dictator. Many deaths are attributable to his actions particularly in Matabeleland. He bankrupted the country, looted its wealth for his and his crony’s personal gain and…..
