Certificate example sentences

Once the payment is received, the exporter requests his/her bank to release a certificate of payment.Certificate of payment is a document that certifies that the export transaction is over and the payment has been received.But it may be mentioned here that it is necessary for the exporter to become a member of the appropriate export promotion council and obtain a Registration cum Membership Certificate (RCMC) for availing benefits available to export firms from the Government.This certificate entitles the importer to claim tariff concessions or other exemptions such as non-applicability of quota restrictions on goods originating from certain pre-specified countries.This certificate is also required when there is a ban on imports of certain goods from select countries.Students applying to educational institutions and those applying for posts in government are expected to furnish proof of their caste or tribe status, in the form of caste and tribe certificates.The organisations that monitor and issue these certificates allow producers to use their logos provided they follow certain quality standards.For availing such benefits, the importer may ask the exporter to send a certificate of origin.Having received the payment for exports, the exporter needs to get a bank certificate of payment.Marine insurance policy: It is a certificate of insurance contract whereby the insurance company agrees in consideration of a payment called premium to indemnify the insured against loss incurred by the latter in respect of goods exposed to perils of the sea.If required by the importer, the exporter approaches the foreign consulate for obtaining the certificate of origin to enable the importer to claim tariff or quota concessions at the time of clearance of cargo at the import destination.If the product to be exported comes under such a category, the exporter needs to contact the Export Inspection Agency (EIA) or the other designated agency for obtaining inspection certificate.The documents that are needed in this connection include certified copy of invoice, bill of lading, packing list, insurance policy, certificate of origin and letter of credit.Bank certificate of payment is a certificate that the necessary documents (including bill of exchange) relating to the particular export consignment has been negotiated (i.e., presented to the importer for payment) and the payment has been received in accordance with the exchange control regulations.The certificate of origin acts as a proof that the goods have actually been manufactured in the country from where the export is taking place.