Document that plays a crucial role in the process of international trade. A well-drafted commercial invoice typically includes the following essential information:
- Invoice Details
A unique invoice number and date of issuance are crucial for identification and tracking purposes. - Seller (Exporter) Information
The legal name and address of the company exporting the goods must be clearly stated. Contact details like phone number and email might also be included for easy communication. - Buyer (Consignee) Information
Similar to the seller details, the legal name and address of the company receiving the goods are mandatory. - Product Descriptions
A detailed breakdown of the goods being shipped is essential. This includes product names, quantities, unit prices, and total value. Harmonized System (HS) codes, which are internationally standardized product classification codes, might also be included to facilitate customs clearance. - Payment Terms
Clearly outlining the agreed-upon payment terms, such as Incoterms (International Commercial Terms), helps avoid misunderstandings regarding payment methods, responsibilities, and risk transfer during the shipping process. - Currency
The currency in which the transaction is denominated should be clearly stated to avoid confusion and facilitate currency conversion if necessary. - Country of Origin
Identifying the country where the goods were manufactured is crucial for customs authorities and can impact import duties or regulations. - Additional Information
Depending on the specific goods or trade agreement, additional details like weight, dimensions, insurance information, or special certifications might be required on the invoice.