abhishreshthaa
Abhijeet S
CONSULAR FORMALITIES
Consular formalities are one type of non tariff barrier on trade, particularly imports. Some importing country imports strict rules regarding consular documents necessary for importing goods.
Such documents include import certificate of origin and certified consular invoice.
Penalties are provided for non compliance of such documentation formalities.
The purpose of consular formalities is to restrict imports to some extent and not to allow free imports of commodities which are not necessary or harmful to national economy or social welfare.
Consular formalities are one type of non tariff barrier on trade, particularly imports. Some importing country imports strict rules regarding consular documents necessary for importing goods.
Such documents include import certificate of origin and certified consular invoice.
Penalties are provided for non compliance of such documentation formalities.
The purpose of consular formalities is to restrict imports to some extent and not to allow free imports of commodities which are not necessary or harmful to national economy or social welfare.