It is a bill for the goods from the seller to the buyer.

1. COMMERCIAL INVOICE
Presented by SURAJ CR

2. INTRODUCTION
 A commercial invoice is a bill for the goods from the seller to
the buyer.
 A Commercial Invoice is a document used in foreign trade.
 It is used as a customs declaration provided by
Supplier/Shipper.
 It is prepared by the exporter and is required by the foreign
buyer to prove ownership and arrange for payment.

3. A commercial invoice includes,
 Date ,shipment terms and payment terms.
 Quantity, weight and/or volume of the shipment.
 Type of packaging.
 Complete description of goods.
 Unit value and total value.
 Country of origin and Destination place.
 Insurance, shipping and other charges as applicable.

5. Certification and/or Legalization of Commercial Invoice
 The certification, which usually is performed by the local chamber of
commerce of the exporting country, is to conform that the invoice.
 The legalization ,which is done by the consulate or the commercial section
of the Embassy of the importing country, is to verify that the invoice is
correct.
 The certification and legalization are most often satisfied with a stamp or
a seal on the invoice.

6. Corrections or changes in the commercial invoice
 Any visible corrections or changes made in the commercial invoice
must be initialed. In practice, the initial usually is done using a rubber
stamp bearing the word “CORRECTION”.

7. Difference Between a Commercial Invoice and a Shipping Invoice
Shipping Invoice
 A shipping invoice is a general accounting of items sent from one
individual or company to another.
 Standard information includes the name and location of the person or
organization sending the goods as well as the name and location of the
receiving party.
 An itemized list of the goods, including the cost of each item, the number
of each item and the total cost of the items is also included.
 The total charges to the recipient, including applicable tax and discounts,
is also included.

8. Commercial Invoice
 The commercial invoices are used in international shipping,
summary information is considerably more detailed than that of
a standard shipping invoice.
 A commercial invoice includes specifics regarding the date and
terms of sale; the quantity, weight or volume of items in the
shipment; a description of the goods; a description of the
packaging; per-unit value as well as total value; and insurance cost
and shipping charges.

9. CONCLUSION
 A commercial invoice is a bill for the goods from the seller to the buyer.
 A commercial invoice includes specifics.
 Signature and/or stamp.
 Description of Goods.
 Marks and Number.
 Quantity.