1124-Purchase+and+Sales+Documents

Licensing

 * 1) The IT (HS) classifications apply only to importing goods, not exporting. //**T**//
 * 2) It is compulsory to get a license to import any sort of goods into the US. //**F**//
 * 3) Customs create the regulations for importing and exporting. //**F**//
 * 4) Most exporters in the US do not need a license. //**T**//
 * 5) An import license is considered as a barrier to trade.// **T** //
 * 6) An US exporter of chemical subtance will probably need an export license. //**T**//
 * 7) Import items subject to the Food and Drugs Administration in the US will always need a license. //**T**//
 * 8) There is only one governmental agency/office concerned with the issuing of import and export licenses. //**F**//
 * 9) It is obligatory to get a surety bond if you are to become an importer in the USA. //**F**//

Identifying International Trade Documents

 * 1) Pro Forma Invoice = //**G**//
 * 2) Bill of Lading = //**G**//
 * 3) Airway Bill = //**S**//
 * 4) Commercial Invoice = //**G**//
 * 5) Consular Invoice = //**S**//
 * 6) Certificate Invoice= //**G**//
 * 7) Certificate of Origin = //**S**//
 * 8) Packing List = //**G**//
 * 9) Specification Sheet = **//G//**
 * 10) Health, Sanitary, Phytosanitary, Veterinary certificate = **//S//**
 * 11) Quality Inspection Certificate = //**G**//
 * 12) Dispatch Advice Note = //**G**//
 * 13) Dangerous Goods Declaration = //**G**//
 * 14) Export Consignment Note = //**G**//
 * 15) Export License = //**S**//
 * 16) Import License = **//S//**