Commercial Invoice ( Both Add & Receive)

Commercial invoice is a commercial document which is used mostly in international trade transactions. It is a commercial document required by customs to determine true value of the imported goods, for assessment of duties and taxes.

Content of the Commercial Invoice  

Although there is no standard format exist for commercial invoices but there are certain points that should be covered for using commercial invoice in an international trade:

• LC Number

• Commercial Invoice Number

• Commercial Invoice Date

• Invoice Amount

• C&F Agent

• Origin

• B/L No and Date

• Bill of Entry No and Date

• Shipping Mode

• Vassel Name

• Estimated Departure Date

• Depart Port

• Estimated Arrival Date

• Shipping Line

• Product Information (name, unit cost, quantity etc.

All type of Commercial Invoice expenses such as Customs Duty, AIT, VAT, Regularity Duty, Supplementary Duty, Taxes etc. can be managed by PrismERP.