Consular invoice

Consular invoice

• Assist customs officials to calculate customs duty where duty is charged on the value of imported goods.
• Signed by a consul of the importing country certifying and confirming that the prices of the goods are correct:
• prices of the goods being exported have to be authenticated because exporters and agents sometimes falsify the prices by understating them so as to pay less customs duty.
• A consul is a trade representative of the importing country resident in the exporting country.
• There is no need for customs officials to inspect the goods when calculating customs duty
• Prevents cheating when assessing duty.
• Speeds up clearing and delivering of goods.
• Assists customs officials to prohibit importation of banned goods.
• Accompanies the goods being exported.
• Contains:
• A description of the goods in terms of quantities and types.
• The prices of the goods.
• A declaration by and signature of the consul of the importing country.
• Names and addresses of the importer.

To access more topics go to the Commerce Notes page.