bill of entry (Meaning)
Wordnet
bill of entry (n)
a list of goods received at a customhouse for export or import
Synonyms & Antonyms of bill of entry
No Synonyms and anytonyms found
bill of entry Sentence Examples
- A bill of entry is a legal document used in international trade to declare imported goods to customs authorities.
- Importers are required to submit a bill of entry to customs officials for clearance of their goods.
- The bill of entry contains detailed information about the imported goods, including their description, quantity, and value.
- Customs officials review the bill of entry to assess the duties and taxes owed on the imported goods.
- In some countries, the bill of entry serves as a basis for determining the eligibility of imported goods for certain trade agreements or exemptions.
- Importers must ensure that the information provided in the bill of entry is accurate and complete to avoid delays or penalties.
- The bill of entry is an essential document in the importation process, facilitating customs clearance and compliance with regulations.
- Customs brokers or agents often assist importers in preparing and submitting the bill of entry to expedite the clearance process.
- Once customs officials approve the bill of entry and collect the necessary duties and taxes, the imported goods can be released for delivery to the importer.
- Failure to submit a bill of entry or provide false information on the document can result in fines, seizure of goods, or other legal consequences.
FAQs About the word bill of entry
a list of goods received at a customhouse for export or import
No synonyms found.
No antonyms found.
A bill of entry is a legal document used in international trade to declare imported goods to customs authorities.
Importers are required to submit a bill of entry to customs officials for clearance of their goods.
The bill of entry contains detailed information about the imported goods, including their description, quantity, and value.
Customs officials review the bill of entry to assess the duties and taxes owed on the imported goods.