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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

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