Observation

Most candidates attempted this question and the performance was good.
 
The expected responses to the question include:

            Explanation of documents used in international trade

i.        Consular invoice
It is a document that is signed and certified by the consul of the importer’s country stating          that the prices indicated on the invoice are correct.

Uses:

• The document is used to ensure correct payment of duties to customs at the importing country.
• It is used to prevent falsification of prices by importers.

ii.       Indent
It is an order to buy goods in international trade.

Uses:

• It gives details of goods required and date of delivery.

iii.      Ship’s manifest
It is a document prepared by the captain of a ship and lodged with the customs authorities before the ship can leave the port.

Uses:
It shows particulars of the ship, its cargo and destination.

iv.      Bill of sight
It is a document submitted to the customs authority if the full description of the cargo cannot be provided by the importer.

Uses

• It is used as a temporary document which enables goods to be examined by the customs officials before the arrival of the shipping documents.
• Where a full description of the imported goods as contained in the bill of exchange is not available, a bill of sight is used. Through a bill of sight, the inspection of such goods is authorized by the customs’ authorities.

v.       Dock warrant
This document is a receipt for goods delivered and stored in the warehouse either by the exporter or importer.
Uses

• It is used as a document of title which enables the person who presents it to claim the goods.
• It is used to indicate safekeeping of the goods in the warehouse awaiting clearance.