Commercial Invoice in Import Export Contract

Commercial Invoice is generally issued by the importer,exporter or some relevant non-governmental business organizations. A Commercial Invoice 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

From Commercial Invoice page to Import Export Contract Terms page