Commercial Invoice on Import Export Contract

Commercial Invoice is generally issued by the importer, exporter or some relevant non-governmental business organizations. Invoices is a bill for the goods from the seller to the buyer. It is one of the most important documents used in international trade.

Even if the importer may have opened a Letter of Credit, the exporter will usually not be paid until he presents a Commercial Invoice along with other documents to the bank. The invoice serves as a record of the essential details of a transaction.

An invoice must show the following basic information about the transaction:

  • Buyer's order number
  • Invoice number and date
  • Shipment terms
  • Names and addresses of the seller and buyer
  • Country from which the shipment is made
  • Description of the goods
  • Quantity, weight or measurement of the goods
  • Unit price
  • Total amount payable, including price of goods, freight, insurance and so on
  • Rebate or similar incentives
  • Signature of the exporter

Commercial Invoice Related Terms
in An Import Export Contract

Import Export Related Jobs and Careers

Importing and Exporting Goods to and from the United States
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Import Export Jobs in Textile-Apparel and Fashion industry
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Careers with the U.S. & Foreign Commercial Service
Are you interested in working abroad? Are you interested in promoting U.S. business interests around the world? The U.S. & Foreign Commercial Service promotes the export of U.S. goods and services and advocates for U.S. business around the world.

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