Commercial invoice is a legal document provided by a seller to a buyer in an international transaction. The document serves as a contract and proof of sales between the two parties. It details the number of goods sold, the prices and their value.
Commercial invoice is an essential document when exporting or importing goods. For the clearance of imported goods, commercial invoice must be presented to the customs authority who uses the document to assess the amount due on taxes. A complete and correct commercial invoice is the key to smooth customs clearance.