A commercial invoice is a bill for the goods from the seller to the buyer. These invoices are often used by governments to determine the true value of goods when assessing customs duties. Although there is no standard format, your commercial invoice template should include some key information such as the involved parties, the goods, countries of manufacture etc.
Commercial Invoice Guide
After the pro-forma invoice is accepted by the importer, the exporter must prepare a commercial invoice. the commercial invoice is considered a very important document as it is the beginning process of business transaction
The commercial invoice is essentially a bill from the seller to the buyer stating the parties to the agreement, the goods to be sold, and the terms involved, as agreed between the exporter and importer. The commercial invoice will normally be presented on the exporter’s letterhead and will be addressed to the importer. It should contain full details of the consignment, including price and other related costs, in order to facilitate customs clearance.
Commercial Invoice Template
During the process of building commercial invoice template, it is important to know the key elements required in the commercial invoice
Commercial Invoice Template Format: in your commercial invoice template, you should include the following elements: exporter, country of manufacture, importer, consignee, intermediate consignee, forwarding agent, commercial invoice number, customer purchase order number. the consignee is the name and address of the person/company to whom the goods are shipped for the designated end use, or the party so designated on the Export License. the intermediate consignee is the name and address of the party who effects delivery of the merchandise to the ultimate consignee, or the party so named on the Export License. the forwarding agent is the name and address of the duly authorized forwarder acting as agent for the exporter.