A document created by the seller. It is an official document which is used to indicate, among other things, the name and address of the buyer and seller, the product(s) being shipped, and their value for customs, insurance, or other purposes.
A document issued by the seller, addressed to the buyer, giving details of the individual transaction, including complete description of the goods, prices, currency, delivery and payment terms and so on. This is generally used by the Customs authorities in the importing country to assess customs duties payable.
A commercial invoice is the basic statement of the seller to the buyer for payment of the goods shipped. It must conform to any Letter of Credit requirements, foreign government requirements, and U.S. export control requirements regarding destination statements. It is used as one of the primary documents in the collection process, and is the main document used by foreign Customs for control, valuation of the goods, pricing, terms of sale, payment and delivery, credit numbers, import license numbers, shipper and consignee names, and shipping marks and numbers. Commercial invoices are usually signed by the exporter.
A document prepared by the exporter or freight forwarder, and required by the foreign buyer, to prove ownership and arrange for payment to the exporter. It should provide basic information about the transaction, including description of goods, address of shipper and seller as well as delivery and payment terms. In some cases, the commercial invoice is used to assess customs duties.
A commercial invoice is required for courier shipments containing any item other than documents. The commercial invoice is the basis for foreign Customs' identification, classification, duty/tax assessment, and final approval of entry of the goods. Accurate descriptions help expedite the clearance process by helping Customs quickly identify your commodity. Please click here to see an example of a commercial invoice. A commercial invoice is not required for items sent as mail.
Receipt for a transaction and or goods purchased (invoice) indicating the sender or seller and the receiver or purchaser. A commercial invoice should contain an itemized list of the merchandise with the complete description of goods with their unit value and extended total value. Depending on the Customs requirements of the destination country, there may be additional requirements, statement or clauses that must appear as well.
Supplied by the exporter, this summarizes the commercial transaction. It includes details about product, quantity, specifications, price, delivery and payment terms, plus the addresses of all parties involved.
Represents a complete record of the transaction between exporter and importer with regard to the goods sold. Also reports the content of the shipment and serves as the basis for all other documents about the shipment.
A statement prepared and signed by the beneficiary on his/her own letterhead, addressed to the applicant of the credit, showing a detailed and itemized listing and description of merchandise sold, including prices and terms. Some credits require that the original and copies of the invoice be stamped and signed by the Consul of the importing country, such as a visaed commercial invoice. The original invoice should always specifically be marked as an "Original" and be labeled as an "Invoice."
A document communicating the seller’s understanding of the nature of the agreement between the seller and buyer. This document is used by service companies as a source of information about conditions of sale and transportation. Commercial invoices are the vendors invoices that the business offices obtain payment information from.
A required document identifying the transaction between a seller and buyer. The form should have the invoice number, date, shipping date, the mode of transport, delivery and payment terms, description of goods and the quantity. The government uses the commercial invoice to determine the true value of goods for assessing custom duties and prepare documentation. Custom requires a commercial invoice that includes the following information. (1) The port of entry. (2) Name of shipper and receiver. (3) Description of items. (4) Quantity in weight and measures. (5) Country of origin. The invoice and any attachments must be in the English language.
A document supplied by the shipper that provides information about the shipment, including a description of the goods, the value of the goods, and shipper information. A commercial invoice is a part of export and import documentation and may be used by customs authorities to assess applicable taxes and duties.
A document which details the transaction between a seller and a buyer. It minimally should give the name and address of the seller and of the buyer, the date of the sale, a description of the goods sold, the quantity, the unit price, the terms of sale, and the total money amount due. If it is an invoice between buyer and seller of different countries it should also indicate the kind of currency.