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How should transit trade documents be issued correctly? Come and give me some ideas!

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Our company has recently started to be involved in transit trade business. We have been engaged in conventional trade before and are not very familiar with the issuance of transit trade documents. I would like to ask how exactly transit trade documents should be issued? What aspects should be noted? For important documents like invoices and bills of lading, are there any special requirements in transit trade? I hope experienced friends can explain it to me in detail. Thank you very much!

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Professional consultant answers

Elizabeth Li
Elizabeth LiYears of service:3Customer Rating:5.0

Compliance and risk managerConsult

The issuance of transit trade documents requires caution. First, for the commercial invoice, it should reflect the actual transaction information of the goods, including the description, quantity, value, etc. of the goods, and it needs to be consistent with other documents such as the bill of lading. Regarding the bill of lading, there are direct bills of lading and transshipment bills of lading. If the goods are shipped directly, a direct bill of lading should be issued; if transshipment is required, information such as the transshipment port should be specified. The packing list should accurately record the packaging details of the goods, such as the number of boxes, weight, size, etc. The certificate of origin is very crucial. It is necessary to select the appropriate type of certificate of origin according to the requirements of the destination country. If the destination country has special requirements for the certificate of origin for transit, it should be handled in accordance with its regulations. In addition, the insurance policy cannot be ignored. It needs to cover the risks throughout the transportation of the goods. During the operation, ensure that the logic of various documents is consistent to prevent discrepancies from affecting foreign exchange collection and cargo customs clearance.

In short, being familiar with the trade process and the relevant policies and regulations of the destination country is the key to correctly issuing documents.

Amanda Yang
Amanda YangYears of service:3Customer Rating:5.0

Cost control consultantConsult

The invoice should clearly show the complete route of the goods from the place of origin to the final destination, without any ambiguity. The bill of lading should indicate that it is a transit trade, and the information of the consignee and the notify party should be accurate to avoid problems in the delivery of goods due to incorrect information.

Robert Chen
Robert ChenYears of service:6Customer Rating:5.0

Customer service consultantConsult

In addition to recording the regular packaging information, the packing list had better indicate whether the goods require special handling at the transshipment port. If the certificate of origin is handled incorrectly, it may lead to high tariffs in the destination country. Be sure to understand the rules of the destination country for determining the origin in advance.

Sarah Zhang
Sarah ZhangYears of service:8Customer Rating:5.0

Document expertConsult

Regarding the insurance policy, pay attention that the insured amount should cover the value-added part of the goods during transshipment, and confirm whether the insurance company has corresponding claim settlement services at the transshipment port.

Emily Liu
Emily LiuYears of service:10Customer Rating:5.0

Settlement and payment expertConsult

The header of the commercial invoice should be consistent with that of the bill of lading and other documents to avoid being questioned about the authenticity of the trade due to inconsistent headers. The description of the goods on the bill of lading should be as detailed as possible to prevent customs clearance obstacles at the port of destination.

William Yang
William YangYears of service:5Customer Rating:5.0

International logistics consultantConsult

The marks on the packing list should be the same as those on the bill of lading and invoice to ensure that the goods can be accurately identified during the transfer process. When handling the certificate of origin, complete transit trade materials should be provided, otherwise problems are likely to occur.

Michelle Chen
Michelle ChenYears of service:3Customer Rating:5.0

Business coordination consultantConsult

The terms of the insurance policy should be clear, clarifying the claim settlement conditions and procedures when the goods encounter risks during transshipment. The amount on the invoice should be reasonable. Being too high or too low may trigger a review by the customs of the destination country.

James Liu
James LiuYears of service:10Customer Rating:5.0

Foreign trade tax refund consultantConsult

The name and voyage number of the ship on the bill of lading should be accurate, which is related to the tracking of the cargo transportation track. The packing list should have a special note for overweight and oversized goods to facilitate transshipment operations.

Andrew Huang
Andrew HuangYears of service:7Customer Rating:5.0

Supply chain optimization expertConsult

For the certificate of origin, pay attention to its validity period. It should ensure that it is still valid when the goods arrive at the port of destination. The date of the commercial invoice should conform to the logic of the trade process, and there should be no time reversal.

The relevant questions or replies only represent the user’s personal stance and do not represent any views of this website.

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