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COMMERCIAL INVOICE SHIPPER Invoice No: Page of Invoice Date: Ship Date: File Number: CONSIGNEE RELATED BILL TO NOT RELATED SOLD NOT SOLD SHIPMENT INFORMATION Customer PO No: Letter of Credit No: Mode

How to fill out bcommercial invoiceb - customs

How to Fill Out Commercial Invoice - Customs:

1. Start by identifying the exporter and importer: Clearly state the business name and address of both the exporter and importer. Include contact information, such as phone numbers and emails.
2. Document the shipment details: Provide information about the shipment, including the country of origin, the destination country, the mode of transport, and the date of export. Specify the delivery terms, such as FOB (Free on Board) or CIF (Cost, Insurance, and Freight).
3. Describe the goods being shipped: Provide a detailed description of each item being shipped, including its quantity, unit of measure, and value. Use specific terms that accurately describe the goods, such as brand name, model number, and any applicable certifications or specifications.
4. Specify the harmonized system (HS) code: Each item must be assigned an HS code, which is a standardized code used for international trade classification. These codes classify goods based on their nature, function, or purpose. Make sure to accurately classify the goods to avoid any customs issues.
5. Declare the item value: Indicate the total amount being charged for the goods being exported. This should include the unit price, quantity, and total value for each item. Clearly state the currency used.
6. Include the terms of payment: Specify the agreed-upon terms of payment between the exporter and importer. This could be terms like "payment in advance," "letter of credit," or "open account." Be sure to provide any necessary payment details.
7. Provide the shipment details: Include information such as the weight, dimensions, and packaging of the shipment. This helps customs officers determine the appropriate handling and customs duties.

Who Needs Commercial Invoice - Customs:

1. Exporters: Any business or individual involved in exporting goods internationally needs a commercial invoice for customs purposes. This ensures that the necessary information is provided to customs authorities to smooth the export process.
2. Importers: Importers require commercial invoices to accurately track and account for the goods they are bringing into their country. Commercial invoices help in calculating import duties, assessing customs fees, and arranging transportation.
3. Customs Authorities: Customs officers rely on commercial invoices to assess the value of a shipment, determine the appropriate customs duties and taxes, and ensure compliance with import regulations. Commercial invoices aid in efficient customs clearance processes.

In conclusion, filling out a commercial invoice correctly is crucial for both exporters and importers to facilitate smooth customs processing. Customs authorities rely on these invoices to assess and regulate international trade transactions.

For pdfFiller’s FAQs

What is commercial invoice - customs?

A commercial invoice is a document that provides details about the goods being shipped, including a description of the items, their value, and the terms of sale.

Who is required to file commercial invoice - customs?

The exporter or the freight forwarder is typically responsible for preparing and filing the commercial invoice for customs purposes.

How to fill out commercial invoice - customs?

The commercial invoice should include information such as the seller and buyer details, a description of the goods, quantity, value, and any other relevant information required by customs.

What is the purpose of commercial invoice - customs?

The purpose of a commercial invoice for customs is to provide necessary information for customs officials to assess duties and taxes, verify the value of the goods, and ensure compliance with import/export regulations.

What information must be reported on commercial invoice - customs?

The commercial invoice must include details such as the sender and receiver's information, a detailed description of the goods, quantity, value, and any applicable terms of sale.

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