IGNOU : M.COM : IBO 4 : UNIT 3 : Q - 4. Describe major documents needed by the importing countries.

 

Ans. Legal Documents in Importing Countries

Let us now discuss some of the well-known documents needed in the importing countries because of the legal necessity. These documents are, however, obtained by the exporter to be sent to the importer.

i) Consular Invoice : Usually issued on the specified form, it is signed and stamped by the local consulate of the country to which goods are exported.

ii) Customs Invoice : It is also made out on a specified form prescribed by the customs authority of the importing country. The details given in the document will enable the customs authority of the importing country to levy and charge import duty.

iii) Legalized/ visaed invoices : These invoices constitute a sworn affidavit by the exporter about the genuineness and correctness of the sale. These could be sworn before the appropriate consulate or the chamber of commerce, as the case may be, which will put their stamp on them.

iv) Certified Invoice : This is the self-certified invoice by the exporter about the origin of the goods.

 v) Certificate of Origin : This certificate is issued by independent bodies like the Chamber of Commerce on a prescribed form.

 vi) GSP Certificate of Origin : Goods which get the benefit of preferential import duty treatment countries which implement the Generalized System of Preferences should be accompanied by the GSP Certificate of Origin. This certificate' is given on the forms prescribed by the importing countries.

vii) Health Veterinary Sanitary Certificates : These certificates are needed in a number of countries, certifying that the goods are fit for human consumption.