A commercial invoice is a key customs declaration document used in international shipping during the import and export clearance process. Customs authorities use this invoice to determine the value of a shipment and to calculate applicable import duties and taxes.
A commercial invoice typically includes the following shipment details:
- Country of manufacture or origin
- Supplier or manufacturer name and address
- Buyer’s name and address
- Quantity and value of each item
- Full product description
- Date and terms of the sale
If you’re required to complete a commercial invoice, it’s important to research the requirements of the destination country. While many countries accept standardized commercial invoice templates, some require country-specific forms. Be sure to refer to official resources or local regulations to ensure compliance with that country’s documentation standards.
Commercial invoices are also legally recognized contracts between the buyer and seller and serve as formal proof of sale.