| |
|
| Valuation
Charges |
Transportation charges assessed
shippers who declare a value of goods higher than value
of carrier's' limits of liability. |
| VAT
(Value Added Tax) |
A sales or consumption tax which
the end user pays. Typically, this is a "hidden" tax,
added to the list price of the goods in question. |
| Ves. |
Vessel |
| Visa |
An invoice properly validated by
the Minister of Trade in regard to quota entries. |
| Volume
Weight |
Used when calculating air freight
when the size of the carton is greater than the average
weight, calculated by multiplying the length times
the width times the height and dividing by 166. |