What is a commercial invoice for customs?

What is a commercial invoice for customs?

The commercial invoice is a legal document between the exporter and the buyer (in this case, the foreign buyer) that clearly states the goods being sold and the amount the customer is to pay. The commercial invoice is one of the main documents used by customs in determining customs duties.

What are customs invoices?

A customs invoice is a document that travels with your parcel, and contains information about the items inside your parcel. The customs invoice is required for customs clearance, and your shipment can’t leave the country without one.

What is the difference between shipping invoice and commercial invoice?

A shipping invoice moves the product along to destination, while a commercial invoice allows the manufacturer to bill the customer for the product.

Is a commercial invoice a customs declaration?

A commercial invoice is used as a customs declaration and is provided by the person or corporation that is exporting the item. The key to smooth customs handling is a complete and correct commercial invoice. Customs authorities need it to assess possible taxes and duties. Filling it out correctly helps to avoid delays.

Where do you put customs invoice?

Make sure you place two of them in a packing list envelope on the outside of the package. Put the last commercial invoice inside the package for the recipient.

Which countries require a commercial invoice?

A. A commercial invoice is needed for shipments of any type that travel outside the European Union. The invoice is used as a customs declaration and is provided by the person or corporation that is exporting the item. Countries that are in the European Union DO NOT require a commercial invoice.