Best Answer

It is a document given to show the details of a purchase transaction. It includes price, mode of transport, port of entry, taxes, etc.

User Avatar

Wiki User

โˆ™ 2012-03-30 16:43:13
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: What is the definition of a commercial invoice?
Write your answer...
Related questions

What is the difference between tax invoice and commercial invoice?

A tax invoice is usually issued to an individual and would include the proper taxes for the service provided. A commercial invoice is issued to companies that are tax exempt.

What is the difference between Proforma Invoice and Commercial Invoice?

Proforma Invoice is not a real invoice, it is simply a confirmation of the purchase order before shipment of goods. Commercial invoice is what the vendor bills you after the goods have been delivered. Hence proforma invoice is not recorded as a liability on the books while the commercial invoice is. Many times, before establishing a credit relationship with the vendor, the vendor will present a Proforma invoice to request a payment in advance (PIA) before shipping the order.

What is the definition of a credit sales invoice?

A sales invoice is a commercial document that itemizes a transaction between a buyer and a seller. An invoice will usually include the quantity of purchase, price of goods and/or services, date, parties involved, unique invoice number, and tax information. If goods or services were purchased on credit, the invoice will usually specify the terms of the deal, and provide information on the available methods of payment. Also known as a "bill", "statement" or "sales invoice".

What are the difference between the proforma invoice and the commercial invoice?

"Pro forma" (Latin "as a matter of form") invoice is a preliminary document used to declare the value of the trade. It can be issued before the transaction to facilitate customs and payment arrangements. This document models the final commercial invoice, and may look just like the commercial invoice except for the Pro forma invoice heading, but can also omit minor details. None. Performa is simply an incorrect spelling/pronunciation of Proforma. Proforma is the correct term.

What eoe stand for in commercial invoice?

errors & omissios excepted

What is the definition of a purchase invoice?

It is a commercial document or bill presented to a buyer by a seller or service provider for payment within a stated time frame that indicates what has been purchased in what amount and for what price.

Does Fedex usually use a commercial invoice template?

Fedex usually uses a commercial invoice template. You can view this template online at the PDFfiller website. Once on the website, you can view and fill out the form online.

How many copies of commercial invoice?

After asking some business men, they told me that there are four copies of invoice.OriginalDuplicatequadruplicateTriplicate

Do you have to send a commercial invoice to Poland to ship an item?

if it is being shipping for commercial purposes then yes for customs release

What is the difference between sales tax invoice and commercial invoice?

An invoice is a commercial document issued by a seller to a buyer, indicating the products, quantities and agreed prices for products or services that the Seller has already provided the Buyer with. An invoice indicates that, unless paid in advance, payment is due by the buyer to the seller, according to the agreed terms.while sales tax invoice is the where all the taxes that are required by law are reported along with the price of product.

Which export documents are required to be prepared by the exporter himself?

The Power of Attorney, the Commercial Invoice, and the Pro Forma invoice are all export documents that are required to be prepared by the exporter himself.

Definition of purchase order 3-way match?

Invoice Purchases order and receipting

What is Profarma invoice?

Performa invoice is same as a invoice, but in this invoice no. is not maintion, in short this is sample copy of invoice.

What is an inward invoice and outward invoice?

Invoice sent by seller is called outward invoice. Invoice received by buyer(from seller) is called Inward Invoice

What is the definition of commercial activity?

Activity undertaken as part of a commercial enterprise

Definition of commercial catering?


What is the definition of credit invoice?

A credit invoice is the same as a credit memo. It is documentation that shows credit to a customer ie merchandise return.

Where can one go to obtain information on invoice factoring?

You can obtain information on invoice factoring from companies like Commercial Capital LLC, Anchor Funding Services LLC. They can offer you a quote based on what you want or need.

What is invoice receipt?

An invoice or bill is a commercial document issued by a seller to a buyer, indicating the products, quantities, and agreed prices for products or services the seller has provided the buyer. An invoice indicates the sale transaction only. Payment terms are independent of the invoice and are negotiated by the buyer and the seller. Payment terms are usually included on the invoice. The buyer could have already paid for the products or services listed on the invoice. Buyer can also have a maximum number of days in which to pay for these goods and is sometimes offered a discount if paid before the due date

What is the difference between a proforma invoice and an invoice?

the proforma invoice is (pi) for abroad shopping, but invoice is for internal shopping.

What is difference between commercial invoice and proforma invoice?

A commercial invoice is a document used in foreign trade. It is used as a customs declaration provided by the person or corporation that is exporting an item across international borders.[1][2] Although there is no standard format, the document must include a few specific pieces of information such as the parties involved in the shipping transaction, the goods being transported, the country of manufacture, and the Harmonized System codes for those goods. A commercial invoice must also include a statement certifying that the invoice is true, and a signature.A commercial invoice is used to calculate tariffs, international commercial terms (like the Cost in a CIF) and is commonly used for customs purposes.The term pro forma (Latin "as a matter of form") is a term applied to practices or documents that are done as a pure formality, perfunctory, or seek to satisfy the minimum requirements or to conform to a convention or doctrine. It has different meanings in different fields.Contents:1 Accounting2 Business3 Law4 Engineering5 Government6 International Trade (Importing/Exporting)7 References

Definition of commercial geography?

matt has no friends

Conceptual definition of commercial bank?

what is the commercal

What is the definition of social and commercial ads?

You climb out of it.

What is the definition of commercial arrangement?

it is about buisness talking about... :)