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What Is The Difference Between a Commercial Invoice and an Invoice? An invoice is a bill issued by a business after the delivery of a product or service, to detail the sale and to request payment. A commercial invoice, on the other hand, is a type of invoice used for international deliveries.
One of the most important documents in international trade, the Commercial Invoice is a contract and proof of sale issued by the seller to the buyer. This document describes the goods being sold and details the price, value, and quantity of the goods.
A commercial invoice is a required document for the export and import clearance process. It is sometimes used for foreign exchange purposes. In the buyer's country, it is the document that is used by their customs officials to assess import duties and taxes.
If you know\u2014or believe\u2014an HS number is incorrect and proceed to use it anyway, you're committing fraud. Ultimately, it is your responsibility to use the correct code no matter the circumstance. Not including an HS number on your export invoice allows you to avoid this conflict.
The value on a commercial invoice should be the price the buyer in the United States paid for the goods, not the amount the goods will be sold for in the United States. If you do not provide a value, the U.S. Customs and Border Protection (CBP) will assess it for you.
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The commercial invoice or other acceptable documentation shall contain: An adequate description of the merchandise. The quantities of the merchandise. The values or approximate values of the merchandise. The appropriate eight-digit subheading from the Harmonized Tariff Schedule of the United States.
Who is responsible for the commercial invoice? The shipper, who is oftentimes the seller (exporter), issues the commercial invoice. What information is required on a commercial invoice? All eight fields may be required on a commercial invoice.
\u201cCommercial Invoice\u201d to identify the document. Seller or Exporter's name and address. Buyer or Importer's (Sold To Company) name and address. Consignee's (Ship To Company) name and address. Name of employee to receive shipment.
The commercial invoice contains information about the shipment such as a description of the items, the value and information about the shipper. If you are sending a gift or personal belongings, a 'pro forma invoice', rather than a commercial invoice will be needed.
The shipper, who is oftentimes the seller (exporter), issues the commercial invoice. What information is required on a commercial invoice? All eight fields may be required on a commercial invoice.

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