Which of the following documents includes the valuation of goods for assessment of duties?
A.
Insurance certificate
B.
Export declaration
C.
Bill of landing (B/L)
D.
Commercial invoice
The Answer Is:
D
This question includes an explanation.
Explanation:
A commercial invoice is a document used in international trade that includes the valuation of goods for the assessment of duties and taxes. It provides detailed information about the goods being shipped, such as the description, quantity, unit price, total value, and terms of sale. Customs authorities use the commercial invoice to determine the applicable duties and taxes for the shipment. It is a critical document for both the exporter and importer in ensuring compliance with trade regulations.