Question 27
Foreign Trade DocumentsA document used to ensure correct payment of duty at the importing country is
- A.documentary credit
- B.consular invoice
- C.certificate of origin
- D.bill of lading
Show the answer and explanation
Answer: B (consular invoice)
Explanation
A consular invoice is signed by the importing country's consul in the exporting country, confirming the value of the goods so customs can charge the right duty.