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MANAGEMENT DEVELOPMENT PROGRAM International Trade: The Rules of the Game NEW PROGRAM VENUE: Adelaide Graduate School of Business, DATE: COST: TIME: The University of Adelaide, Security House, 3rd
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How to fill out inter trade info sheet

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How to fill out an inter trade info sheet?

01
Begin by gathering all the necessary information. This may include details about the products or services being traded, the countries involved, the parties or companies engaged in the trade, and any relevant financial information.
02
Start by providing the basic contact information of the trading parties. Include the full names and addresses of the importers and exporters, as well as their respective contact numbers and email addresses.
03
Clearly outline the details of the trade transaction. Specify the date of the agreement, the terms of sale, the currency used for payment, and any additional conditions or clauses that apply.
04
Describe the products or services involved in the trade. Include the specific names, descriptions, and quantities of the goods or services being exchanged. If applicable, provide the harmonized system (HS) code for each item to ensure accurate classification.
05
Indicate the total value of the trade. This should include the agreed-upon price or valuation of the goods or services, any additional charges (e.g., shipping, insurance), and any applicable taxes or duties.
06
Include information about the mode of transport and the applicable Incoterm. Specify whether the goods will be transported by land, sea, or air, and indicate the agreed-upon terms of delivery (e.g., FOB, CIF, EXW).
07
If necessary, provide additional documents to support the trade, such as invoices, purchase orders, contracts, or licenses.
08
Finally, both parties involved in the trade should review and sign the inter trade info sheet to acknowledge their understanding and agreement to the terms outlined.

Who needs an inter trade info sheet?

01
Companies engaging in international trade: Importers and exporters who are involved in cross-border trade transactions need an inter trade info sheet to accurately document the details of their trade agreements.
02
Customs agencies and regulatory authorities: Inter trade info sheets serve as essential documents for customs clearance and regulatory compliance. They allow authorities to verify the accuracy of trade information, ensure proper duty calculation, and monitor international trade activities.
03
Banks and financial institutions: When processing payments related to international trade, banks and financial institutions may require an inter trade info sheet to confirm the legitimacy of the transaction and facilitate the smooth transfer of funds.
In summary, an inter trade info sheet is necessary for documenting and formalizing international trade agreements. By accurately filling out this sheet, both parties involved in the trade can ensure transparency, foster effective communication, and comply with relevant regulations.
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Inter trade info sheet, also known as International Trade Information Sheet, is a document that contains relevant information about international trade transactions.
Exporters, importers, and other participants in international trade are required to file inter trade info sheet.
Inter trade info sheet can be filled out electronically through customs authorities' online portals or manually by providing required information on a printed form.
The purpose of inter trade info sheet is to provide accurate and detailed information about international trade transactions for customs authorities and other regulatory bodies.
Information such as description of goods, quantity, value, country of origin, and other relevant details must be reported on inter trade info sheet.
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