| Customs invoice
The customs invoice is used in lieu of the commercial invoice
in a few importing countries for customs purposes, but the
importer often needs a commercial invoice too. The customs
invoice can be in a form called the certificate of value.
The invoices vary in format but they contain essentially the
same data as in the commercial invoice and packing list.
The invoice is self-certified by the exporter. The blank customs
invoice is available from the customs broker or forwarder
and specialized printer.
Certain importing countries may require their importers, not
the exporters in the exporting country, to provide the completed
customs invoice for customs clearance.
Customs Duty Assessments
Customs duties are generally assessed in three ways: ad valorem
duty, specific duty and compound duty.
Ad Valorem Duty
Ad valorem means according to value. Duty is assessed as percentage
of the import value of goods (e.g. 30% of FOB price)
Specific Duty
Specific duty is assessed on the basis of some units of measurements,
such as quantity (e.g. $5 per dozen) or weight, either net
weight or gross weight (e.g. $20 per kilogram net).
Compound Duty
Compound duty is assessed as a combination of the specific
duty and ad valorem duty ($20 per kilogram net, plus 30% of
FOB price).
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