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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.
a commercial invoice which indicates the buyer, seller, country of origin, price paid or payable and a detailed description of the goods, including quantity, and a CCI that provides the remaining information.
Imports must have the following documentation: Invoice (unless a commercial sample under $25 in value) Ocean bill of lading, inland bill of lading, through bill of lading, air waybill (air cargo) Proof of insurance.
Customs clearance is a necessary procedure before goods can be imported or exported internationally. If a shipment is cleared, then the shipper will provide documentation confirming customs duties that are paid and the shipment can be processed.
There are four documents you need to clear imports into the United States. COMMERCIAL INVOICE. Country of Origin should be included on every commercial invoice. ... PACKING LIST. The packing list is provided by the freight forwarder or shipper. ... BILL OF LADING (BOL) ... ARRIVAL NOTICE.
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A customs invoice also called a pro forma invoice, is used by importers and exporters to declare the value of goods for customs clearance. This paperwork is mandatory because every cross-border shipment must clear customs in the receiving country.
According to the Canada Border Services Agency, the Canada Customs Invoice (CCI) is a special invoice that incorporates more data elements than a standard commercial invoice. It is required for U.S. exports to Canada in the following situations: The commercial shipment is valued at over $2,500 CAD.
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.
How long does it take for a package to clear customs? It normally takes a matter of minutes or hours for a package to clear customs, but it can take days or even weeks if there is a problem.
\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.

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