This document is used by customs officials to determine the value of the goods being shipped and to calculate any customs duties and taxes that may be due.
The Importance of Commercial Invoices for International ShippingĬommercial invoices are essential in international shipping because they provide a detailed transaction record between the buyer and the seller. A customs declaration can also be created using commercial invoices. It contains more information than a typical sales invoice to determine tariffs and verify that the cargo is lawful. The commercial invoice may also include other information, such as the shipping method, the tracking number, and the date of shipment.įor foreign exports, a commercial invoice is a form that contains crucial details regarding the export. The invoice will typically include the date of the transaction, the name and contact information of the seller and buyer, a description of the goods or services that were provided, the quantity of goods or services that were provided, the unit price of the goods or services, the total amount due, and the terms of payment. Tips for Filling Commercial Invoices for Shipping to/from the UAEĪ commercial invoice is a document that is used to request payment for goods or services that have been provided.
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