The value of goods on a forwarding order should always be declared correctly to avoid problems with customs or insurance claims. The following steps should be followed:
Entering the value of the goods: The value of the goods should be clearly stated on the forwarding order. This can be either the total value of the Shipment or the value of individual items.
Use of additional information: When declaring the value of goods, it can be helpful to include additional information on the forwarding order. For example, you can indicate that the value of the goods includes the cost of transport and insurance to avoid possible misunderstandings.
Check the information: Before sending the forwarding order, one should make sure that the value of the goods is declared correctly and clearly. This can help ensure that the goods are transported smoothly and without delays.
Determining the value of the goods: First, the value of the goods must be determined. This should take into account all costs, such as the purchase price, transport costs, insurance fees and other costs associated with the purchase of the goods.
Choice of currency: The value of the goods should be declared in the currency in which the trade took place. However, if the currency of the invoice does not match the currency of the forwarding order, this should be noted on the order.
Overall, the correct declaration of the value of goods on the forwarding order is crucial to avoid problems in the customs process and insurance claims. If one is unsure about how to declare the value of goods, it can be helpful to ask an experienced freight forwarder for assistance.
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