Commercial invoice Totally Explained

Everything about Commercial Invoice totally explained

A commercial invoice is document used in foreign trade. It is used as a customs declaration provided by the person or corporation that's exporting an item across international borders. Although there's 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 primarily used to calculate tariffs. A sample commercial invoice format

COMMERCIAL INVOICE

SENDER:
ABC Company
3 N. Main St.
Anytown, State, USA
Phone:999-999-9999
Fax: 999-999-9999
Tax ID/VAT/EIN# nnnnnnnnnn RECIPIENT:
XYZ Company
3 Able End
There, Shropshire, UK
Phone:99-99-9999

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.

Name, Position in exporting company, company stamp, signature

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