Prepare/collect/endorse documents

Case Study

Title: Reconditioned Car Imports from Japan to Sri lanka, 2011

Corridors and Routes: Not Specified

Trade Product: Motor vehicles (used)

Trade Type: Import

Process Analysis: Import to Sri Lanka, Export from Japan

Exporting Country: Japan

Importing Country: Sri Lanka

Category: Pre-clearance regulatory procedures

Country and Procedure Description: Prepare/collect/endorse documents
(Import to LKA from JPN/Motor Vehicles)

Related Rules, Laws and Regulations:

Actors and Participants: -Importer
-Exporter
-Japan Auto Appraisal Institute
-Importer's bank
-Exporter's bank

Input Criteria to Enter or Begin the Business Process: -Terms of trade agreed upon, invoice and purchase order agreed upon

Activities and Associated Documentary Requirements: 1. Collect the documents required for importing vehicles. The documents that are required for importing a vehicle include the Commercial Invoice, the Original Cancellation of Registration Certificate, English translation of the Cancellation Certificate, Pre-shipment Inspection Certificate given by the Japan Auto Appraisal Institute (JAAI), Bill of Lading and the insurance policy (obtained from the exporter in Japan). 2.The majority of these documents are sent by the exporter via the exporter’s bank to the importer’s bank as a requirement of the L/C. 3.A Declaration of Value Certificate is obtained from the local dealers of that vehicle. This gives the current market value of the vehicle and is used by the Customs Department to calculate the depreciation value and the relevant taxes. 4. The importer also has to collect the Delivery Order (DO) from the local shipping agent.

Output Criteria to Exit the Business Process:

Activity Diagrams:

Number of Required Documents: 6

Minimum Required Time:

Maximum Required Time:

Average Required Time: 1

Minimum Cost:

Maximum Cost:

Average Cost: USD 5