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A commercial invoice is a document used in international shipping that includes information about the goods being transported, their value, origin, destination, and involved parties. It is necessary for customs and tax purposes and may include additional information. It is often created using a template and requires signatures to confirm accuracy.
A commercial invoice is a document typically used in the transport of goods or shipments between one or more countries. This type of document often states what is being transported, the value of the products being transported, where they are being transported from and where they are going to, as well as the names of the businesses and individuals involved in the transport. It will usually also indicate any taxes or duties required or paid in accordance with the tariff laws governing the carriage of goods between the two countries. A commercial invoice does not necessarily have a set format, although the above information is usually required and other information may also be required.
The use of a commercial invoice is generally intended for customs and includes all the information necessary to ensure that goods and products pass legally between countries and that all necessary taxes on them are paid. Many businesses will create a template for this document that can be easily filled out for the business, while some shipping companies may also provide a blank invoice template for customers to use. This should usually be printed on company letterhead or letterhead, to indicate that it is an official document issued by the company.
A commercial invoice usually requires several pieces of information, although other information is often found on the document even if it is not required. The names of the business or company shipping the item and the business or person receiving the item are usually required. For a business, it will also often be necessary to provide a contact name for someone who can be reached with any questions about the cargo. The sender’s and recipient’s contact addresses and telephone numbers are usually also noted on the document. A commercial invoice usually includes a field for invoice numbers to be used internally by the sender or recipient.
The weight of the cargo and the number of items shipped are also commonly included in such an invoice. This is accompanied by the value of the shipped items, often in terms of United States (US) dollars, as well as any taxes paid on them for international transportation and the insurance values of the shipped items. A description of the items being shipped is also usually included, and tax information may sometimes be required for proper record keeping. Just like many other legal documents, a commercial invoice will also typically have a field indicating that the information on the document is accurate and a place for an authorized person to sign accountability for that statement.
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