commercial invoice

Export sale document

A commercial invoice is a document issued by a seller to a buyer in international trade, detailing goods shipped, their value, and terms of sale.

It serves as the basis for customs declarations and payment: The shipment was held up because the commercial invoice listed the wrong country of origin.

Unlike a proforma invoice, which is preliminary, a commercial invoice accompanies actual goods in transit.

contents

consignee

Designated shipment recipient

currency · net weight · gross weight · country of origin · payment terms · line items · unit of measure

payment

due date

When payment is required

bank details · wire transfer · letter of credit · advance payment · open account · net 30 · deferred payment · credit terms · balance due

documentation

proforma

Done for form's sake

shipping manifest · customs declaration · letter of credit · insurance certificate · export license · delivery note · waybill

customs

clearance

Permitted passage or approval

  • brokerTransaction intermediary for hire
  • dutyRequired moral task
  • tariffTax on traded goods

classification · valuation · declaration · entry · compliance · regulations · admissibility · quota · restricted goods · prohibited goods

tradeterms

FOB

Ownership transfer designation

  • CIFSeller-paid shipping arrangement
  • DAPSeller-to-destination shipping agreement
  • CPTAbbreviated military rank
Categories
Opposites
document purpose in trade

commercial invoicepacking list

Itemized travel preparation sheet

bill of lading · customs declaration · shipping manifest · insurance certificate · letter of credit

transaction type

commercial invoicedonation receipt

Proof of charitable giving

formality and legal status

commercial invoicehandwritten note

Message inscribed manually

verbal agreement

Family

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Familiarity
Top 50,000
Profile
Used worldwide · Timeless · Concrete · Rated G