Inspection Certificate – The Quality Check! ✅
Trust Issue:
- Buyer (USA) orders "Grade A Mangoes".
- Seller (India) sends "Rotten Mangoes".
- Buyer pays and cries. 😭
Solution: The Inspection Certificate.
Process:
- Buyer hires a Third Party Inspection Agency (like SGS, Bureau Veritas).
- Agency goes to Seller's factory before shipment.
- They check the goods. "Yes, these are Grade A".
- They issue the certificate.
- Bank pays ONLY if this certificate is present.
Importance 🌟
- For Buyer: Guarantee of quality.
- For Seller: Proof that he shipped good stuff (Buyer can't complain later).
- For Government: Ensures banned items are not exported.
Pre-Shipment Inspection (PSI)
Many countries make PSI mandatory for imports to prevent dumping of low-quality waste.
Quiz Time! 🎯
Test Your Knowledge
Question 1 of 5
1. Who usually conducts the inspection?
💡 Final Wisdom: "Trust, but verify. An Inspection Certificate is the 'Verification' part of the deal." 🕵️♂️
Next up: Packing List - The final document! 📦
