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obtained by applying to the concerned consulate on a prescribed
form. It is generally prepared in triplicate one copy is sent to the
customs authorities of the importing country
and the third copy is
given to the exporter to enable him forward to the importer along
with other documents.
Consular invoice is a certificate issued by the Trade
Consulate of the importer‟s country stating that goods of particular
value are being imported from a particular
country by a particular
importer.
13.5.2 IMPORTANCE
I) Importance of Consular Invoice to the Exporter
a) It facilitates easy clearance of goods from the customs.
b) When the invoice is signed by the consulate of the importing
country, it is an assurance to the exporter this his goods will
enter into the buyer‟s country without any difficulty.
c) The interest of the exporter is well protected. He can realize
foreign exchange against shipment without problem.
II) Importance of consular Invoice to the importer
a) The importer gets quick delivery of goods and that too
without opening the containers for verification purpose.
b) Goods are delivered quickly after the calculation of duty as
per the consular invoice received.
c) The importer is rest assured that banned goods are not sent.
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