Consular Invoice

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Consular Invoice

 

A consular invoice is a document specifying the contents and details of a shipment certified by the consul of the country the merchandise is being sent to. This document shows exact information as to consignor, consignee, value description etc. for a shipment. Customs officials use the invoice to confirm what’s in the shipment, the number of goods, and the cost—and thus determine the import duty. The export price is scrutinized relative to the market price in the original country to make sure an unfair trade practice called “dumping” is not taking place. The process of submitting and authorizing a consular invoice is called consularization and it can help speed up the process of importing goods into a new country.

 

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