🧾 COMMERCIAL INVOICE
US Capital Private Bank Knowledge Base
📖 What is a Commercial Invoice?
A Commercial Invoice is a written and signed document prepared by the seller that lists the merchandise and/or services sold, along with their quantities, prices, and associated expenses. It details the terms of the sale and shows the total amount owed by the buyer.
⚙️ Key Elements of a Commercial Invoice
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Description of goods or services provided
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Quantity and unit price of each item
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Total amount payable by the buyer
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Terms of sale (payment terms, delivery terms, etc.)
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Seller’s and buyer’s information
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Date and invoice number for tracking and record-keeping
💡 Purpose of a Commercial Invoice
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Serves as a proof of sale between the seller and buyer.
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Used by customs authorities for import/export clearance and duty assessment.
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Helps the buyer understand the exact amount due and what goods/services are involved.
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Essential for accounting and financial records for both parties.
⚠️ Considerations
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Must be accurate and detailed to avoid customs delays.
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Should comply with international trade regulations.
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May be required in multiple copies for customs and shipping.
🔄 Common Uses
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International and domestic sales transactions.
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Customs declarations and import/export processes.
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Payment requests and financial audits.
📞 Contact US Capital Private Bank
📧 Email: [email protected]
🌐 Website: https://uscapitalprivatebank.com