Posted in Operations and Supply Chain Terms, Total Reads: 219
Definition: Consular Declaration
This term is generally used for imports and exports purposes. A Consul is an officer appointed by one country’s government in another to take care of its commercial interests and also for the welfare of its citizens living in that country.
Whenever a country exports certain goods, an intimation regarding the description of the goods need to be given to the consulate of the importing country. It’s a document which contains various details about the product which is to be exported including the value of the goods. This formal statement describing the goods which are to be shipped is called consular declaration.
It needs to be filed with and also approved by the consul of the country in which are goods are to be shipped. The consular declaration is in a form of document declaring the merchandise to be shipped.