Commercial Invoice: Everything You Need to Know
A commercial invoice is more than just a piece of paper—it’s a critical legal document used in international trade. Whether you’re a seller shipping goods overseas or a buyer receiving them, understanding how commercial invoices work is essential for smooth customs clearance and accurate accounting. In this guide, we’ll cover what a commercial invoice is, what it includes, why it's important, and how to create one easily. What Is a Commercial Invoice? A commercial invoice is a customs document used by exporters and importers in international trade. It acts as a proof of sale and provides detailed information about the goods being shipped. Customs authorities in both the exporting and importing countries use the commercial invoice to assess duties and taxes. Unlike a standard invoice, which is primarily for payment purposes, a commercial invoice plays a crucial role in ensuring compliance with international shipping and tax laws. Why Is a Commercial Invoice Important? H...