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Commercial Invoice FROM: Name and address of rendered TO: Name and address of addressee Date mailed20/ Y/ M/ Item No. Country of origin of goods List of ContentsSignature of Sender Quantity Unit Price
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How to fill out commercial invoice
How to fill out a commercial invoice:
01
Begin by entering your contact information, including your company name, address, and contact details.
02
Include the recipient's contact information, such as their company name, address, and contact details.
03
Provide a unique invoice number and date the invoice was issued.
04
Clearly state the payment terms, including the due date and any discount or late payment penalties.
05
Describe the goods or services being provided in detail, including quantities, item numbers, and unit prices.
06
State the total amount due for each item or service, and calculate the subtotal.
07
List any additional charges, such as shipping fees or taxes.
08
Itemize any discounts applied and subtract them from the subtotal.
09
Add any applicable taxes or duties to the total amount.
10
Clearly indicate the grand total amount due at the bottom of the invoice.
11
Include any necessary customs information, such as the harmonized system (HS) code for the goods being shipped internationally.
12
Provide payment instructions, including bank account details and preferred payment methods.
Who needs a commercial invoice:
01
Exporters: Commercial invoices are essential for exporters who are shipping goods internationally. They are necessary for customs clearance and provide important information about the goods being shipped.
02
Importers: Commercial invoices are required by importers for customs purposes. They provide detailed information about the goods and their value, helping customs authorities assess duties and taxes.
03
Customs Authorities: Commercial invoices are crucial for customs authorities to verify the value of imported goods and ensure compliance with regulations.
04
Banks and Financial Institutions: Commercial invoices are often required by banks and financial institutions when processing international payments or providing financing for importers.
05
Insurance Companies: Insurance companies may require a commercial invoice as proof of value and content in case of loss, damage, or insurance claims on exported or imported goods.
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What is commercial invoice?
A commercial invoice is a document that shows the details of a transaction between a buyer and seller, including the items being sold, the price, and terms of sale.
Who is required to file commercial invoice?
The seller is typically required to file a commercial invoice as part of the export process.
How to fill out commercial invoice?
A commercial invoice should include details such as the seller and buyer information, a description of the goods, quantity, price, terms of sale, and other relevant information.
What is the purpose of commercial invoice?
The purpose of a commercial invoice is to provide a detailed record of the transaction between the buyer and seller for customs and payment purposes.
What information must be reported on commercial invoice?
Information such as the seller and buyer details, description of goods, quantity, price, terms of sale, and any other relevant details must be reported on a commercial invoice.
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