Ask Our Expert: Documents and Incoterms
Post 1 of 34
Ask our expert: Documents and Incoterms
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Read Tekle's answers to some of the most common documents and Incoterms questions below:
09 Mar 2006 22:33
Post 2 of 34
I have a question about surety bonds with customs ?is this done per shipment or can I use one form/application to cover a lot of shipment? Can I do this even if I have shipments worth different money values?
Depending on the country usually there are two kinds of Customs bonds, single transaction and continuous bond. The continuous bond is for multiple transactions while the single is only for one transaction. I don’t see any reason why you can’t use it for different values.
30 Mar 2006 21:44
Post 3 of 34
Hi Tekle, could you tell me the documents/processes required for counter purchase? If im doing a countertrade arrangemetn, do the documents used still remain the same? thanks
thanks
Counter purchase is a type of countertrade, barter is another kind therefore the documents will vary in both transactions even though both are types of countertrade.
30 Mar 2006 22:20
Post 4 of 34
Replying to [Admin]: While we calculate Insurance for CIF , have we calculate based on Cost alone or Cost plus Freight. Thank u
30 Mar 2006 22:31