Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Contents of Commercial Invoice & Invoice

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Can anyone give guidance on exactly what information should be contained in a Commercial Invoice and Packing List to aid in a seamless customs clearance? (Possible suggest good samples documents). Is it accepatble to have a single document (combined Commercial Invoice/Packing List) if all of the requried information is contained within the single document. Are there specific declarations whi .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ch should be written on the Commercial Invoice? If the goods cannot be valued using transactional value, and the Computed Method (cost plus) is used, should this method of valuation be highlighted on the Commercial invoice ... or will that just draw attention to the value and potentially lead to further delays in processing through customs? Who is responsible for completing the Declaration of .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Dutiable Value form ... the shipper or the customs agent? Your thoughts and comments are welcome. Philip - Reply By pradeep khatri - The Reply = The following information should be consisting in a Commercial Invoice,viz:- The name, complete address, IEC No, BIN No of the Exporter The name, complete address of the importer. Description of goods, qty, value, total value, gross weight .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... , Net weight, Dimension, exemption notification no. currency, Incoterms etc. Export benefit available to the exporter and which export promotion scheme they intend to avail. ARE-1 No., Packing slip no. on the commercial invoice. Single documents may not be entertained by Customs authorities. Packing list is also mandatory. If you intend to avail export promotion scheme's benefit then s .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... uch information must be mentioned on the invoice. There is no need to mention the process of valuation under which goods will be valued for assessing customs duty. CHA is responsible to submit such declarations. - Contents of Commercial Invoice & Invoice - Query Started By: - Philip Scott Dated:- 2-9-2011 Customs - Import - Export - Customs - SEZ - Got 1 Reply - Customs - Discussion For .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... um - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates