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A commercial invoice is a document that serves as evidence of a transaction between a buyer and a seller in international trade. It is typically used for customs clearance and is an important document for both the exporter and the importer.
The main objective of a commercial invoice is to streamline the transportation of goods across international boundaries. It plays a crucial role as an essential document for customs authorities, shipping agents, and financial institutions engaged in the transaction.
What must be included in a Commercial Invoice?
Country of manufacture or origin (where the products were made).
Full name and address of the manufacturer or supplier.
Full name and address of the company or individual purchasing the goods.
Full name and address of the person or company receiving the goods.
Quantity of units for each product.
Unit value for each product.
A complete description of the product that includes: what the product is, what the product is used for, and what the product is made of.
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