passwella.
Menu

WAEC Commerce 2012 Question 35

Question 35

Foreign Trade Documents

The document which helps in ascertaining the correct value of imports in order to assess the custom duty is

  1. A.bill of lading.
  2. B.consular invoice.
  3. C.bill of sight.
  4. D.ships manifest.
Show the answer and explanation

Answer: B (consular invoice.)

Explanation

A consular invoice, certified by the importing country's consul, confirms the value of goods for customs duty.