A Commercial Invoice is a detailed document issued by the exporter to the importer, outlining the sale transaction and providing essential information for customs clearance, including the description, value, and terms of the goods being shipped.
The Commercial Invoice is a fundamental document in international trade, serving as a contract and proof of sale between the buyer and seller. It includes critical details such as the names and addresses of the exporter and importer, a detailed description of the goods, the quantity, the price per unit, the total value, and the terms of sale and payment. Customs authorities use this document to assess duties and taxes, verify the shipment contents, and ensure compliance with trade regulations. Accurate and comprehensive Commercial Invoices facilitate smoother customs processing, reduce the risk of delays, and ensure that the correct duties are applied. Exporters must ensure that this document is meticulously prepared to reflect the true nature of the transaction and the shipment’s value.
Commercial Invoice