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How to fill out no commercial value invoice

How to fill out no commercial value invoice

1. Start by filling out the information about the sender and the recipient in the designated fields.
2. Provide the date of the shipment and the invoice number.
3. Specify the type of packaging used and its description.
4. State the quantity, unit value, and total value of each item in the shipment.
5. Indicate the reason for the shipment and mark it as 'No Commercial Value'.
6. Include any additional relevant information or special instructions.
7. Sign and date the invoice before sending it with the shipment.

Who needs no commercial value invoice?

1. No commercial value invoices are typically required for shipments that contain goods with no intended commercial value. This includes items sent as gifts, samples, or for personal use. It is often used in cases where customs duties or taxes are not applicable or when the goods are being moved temporarily without any sales or commercial purpose.

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What is no commercial value invoice?

A no commercial value invoice is a document used in international trade to declare that the goods being shipped have no commercial value.

Who is required to file no commercial value invoice?

The shipper or exporter is typically required to file a no commercial value invoice.

How to fill out no commercial value invoice?

To fill out a no commercial value invoice, include information such as the description of goods, quantity, weight, and reason for declaring no commercial value.

What is the purpose of no commercial value invoice?

The purpose of a no commercial value invoice is to provide customs authorities with information about the goods being shipped and to ensure that they are properly classified for duty and tax purposes.

What information must be reported on no commercial value invoice?

Information such as description of goods, quantity, weight, reason for declaring no commercial value, and the name and address of the shipper must be reported on a no commercial value invoice.