A commercial invoice, a crucial document in international trade, serves as a detailed record of a transaction between a seller and a buyer. It provides essential information about the goods being shipped, their value, and the terms of payment.
The format of a commercial invoice is standardized to facilitate clear communication and efficient processing. It typically includes the seller’s and buyer’s information, a description of the goods, their quantity, unit price, and total value. Additionally, it may include details such as payment terms, shipping costs, and insurance information.