WAEC Commerce 2026 Question 18

Question 18

Foreign Trade Documents

A consular invoice is used to facilitate the calculation of

  1. A.dock dues
  2. B.company tax
  3. C.custom's drawback
  4. D.customs duties
Show the answer and explanation

Answer: D (customs duties)

Explanation

The consular invoice certifies the value of goods so the importing country can work out the customs duty.