A commercial invoice is a document used in foreign trade. It is used as a customs declaration provided by the person or corporation that is exporting an item across international borders. Although there is no standard format, the document must include a few specific pieces of information such as the parties involved in the shipping transaction, the goods being transported, the country of manufacture, and the Harmonized System codes for those goods. A commercial invoice must also include a statement certifying that the invoice is true, and a signature.
A commercial invoice is used to calculate tariffs, international commercial terms (like the Cost in a CIF) and is commonly used for customs purposes.
Commercial invoices are in European countries not normally for payment. The definitive invoice for payment usually has only the words "invoice". This invoice can also be used as a commercial invoice if additional information is disclosed.
A sample commercial invoice format
COMMERCIAL INVOICE | ||||||
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SENDER: AUTO PARTS FEE WAREHOUSE 7634 KIMBEL STREET UNIT 1-9 MISSISSAUGA,ON L5S-1M6 Phone:905.677.0996 Fax: 999-999-9999 Tax ID/VAT/EIN# nnnnnnnnnn |
RECIPIENT: XYZ Company 3 Able End There, Shropshire, UK Phone:99-99-9999 |
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Invoice Date: 12 December 2007 | Invoice Number: 0256982 | |||||
Carrier tracking number: 526555598 | Sender's Reference: 5555555 | |||||
Carrier: GHI Transport Company | Recipient's Reference: 5555555 | |||||
Quantity | Country of Origin | Description of Contents | Harmonised Code | Unit Weight | Unit Value | Subtotal (USD) |
1,000 | United States of America | Widgets | 999999 | 2 | 10.00 | 10,000 |
Total Net Weight (lbs): | 2,000 | Total Declared Value (USD): | 10,000 | |||
Total Gross Weight (lbs): | 2,050 | Freight and Insurance Charges (USD): | 300.00 | |||
Total Shipment Pieces: | 1,000 | Other Charges (USD): | 30.00 | |||
Currency Code: | USD | Total Invoice Amount (USD): | 10,000 | |||
Type of Export: Permanent | Terms of Trade: Delivery Duty Unpaid | |||||
Reason for Export: stated reason | ||||||
General Notes: notes and comments | ||||||
The exporter of the products covered by this document - customs authorization number - declares that, except where otherwise clearly indicated, these products are of United States Of America preferential origin. I/We hereby certify that the information on this invoice is true and correct and that the contents of this shipment are as stated above. |
Famous quotes containing the word commercial:
“The home is a womans natural background.... From the beginning I tried to have the policy of the store reflect as nearly as it was possible in the commercial world, those standards of comfort and grace which are apparent in a lovely home.”
—Hortense Odlum (1892?)