Consular Invoice
Posted by Ripon Abu Hasnat on Friday, June 13, 2014 | 0 comments
A consular
invoice is a commercial invoice that has been reviewed by the consulate of the
buyerʹs country for the purpose of determining the value and quantity of the
shipment and to ensure that no indigenous laws or regulations governing imports
are being broken. This process must be completed before the goods are exported.
Consular invoices may be required by various countries to facilitate customs at
the destination as well as to facilitate the collection of taxes. Consular
invoices include the owner’s declaration of the value of the shipment and a
full description of the goods exported as well as all discounts or rebates
being offered. They generally include a sworn statement not only to the
accuracy of the declarations made but also that there are no other invoices for
the same shipment.
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