Business Habit

Some Important Terms and Abbreviation for Export-Import Business

Business Habit ⋅ @businesshabit ⋅ Apr 10, 2015

There are many terms and abbreviations available in export-import Business. Some most common abbreviation as follows:

1. TIN=Tax Identification Number.

2. VAT= Value Added Tax

3. A.W.BILL= Air Way Bill

4. P.S.I.= pre Shipment Inspection

5. H.S. Code= Harmonized System Code

6. IRC= Import Registration Certificate

7. IP= Import Permit

8. L/C= Letter of Credit

9. L.C.A.= Letter of Credit Authorization

10.C/O= Country of Origin

11.EXP= Export Permit

12.B/E= Bill of Entry

Preveius Address: Some Important Terms and Abbreviation for Export-Import Business

Category and Tags

Business Insider Abbreviation, Export-Import, Terms, Abbreviation For Export-Import Business

More stories by Business Habit

Football Icons Unite at Hisense Round Table for FIFA Club World Cup 2025

...

Jack Dorsey, a co-founder of Twitter, unveils Bitchat, a messaging program that functions without an internet connection

Jack Dorsey introduces Bitchat, a Bluetooth messaging application that allows iPhone users to talk securely and decentralizedly without the need for an internet connection.Jack Dorsey, one of the co-founders of Twitt...

India Bans Land Import of Bangladesh's Jute, Yarn

India has recently banned the importation of some woven articles and jute products from Bangladesh via land ports. However, in a notification, the Directorate General of Foreign Trade stated that the articles can be ...

How are you taking responsibility for your customers, Expedia?

I have been using Expedia I think for more than 5 years. I usually book flights from there. This is the first time...

Why Setting Up a Factory in India Could Be a Big Mistake for Apple

Apple’s recent push to diversify its manufacturing base by investing billions into India has drawn global attention. With ongoing geopolitical tensions with China and the need for supply chain resilience, shifting operations to India appears on pap