commercial invoice

commercial invoice

1. The commercial export invoice is a legal document that is issued to the foreign buyer by the exporter, and that establishes the conditions of sale of the products. It is an essential document for international buying and selling operations and for the articles to be able to be sold legally outside the country of origin.

   • If the international commercial invoice is forgotten or not filled out correctly, customs officials may have trouble validating the package, which can lead to delays or cancellations.

2. The commercial export invoice contains information such as

   • Data of the exporter and importer
     • Products Description
       • Quantity of merchandise
         • Order price
           • Costs associated with export
             • Taxes and duties
               • Transportation routes
                 • INCOTERM, which determines when ownership and responsibility is transferred
                   • Payment methods and conditions.

3. The commercial export invoice is a necessary document to:

   • Calculate taxes and duties to pay at customs
     • Validate the merchandise
       • Streamline customs clearance procedures
         • Test the transaction.