It would be practical to issue as many copies as necessary for each of the required procedures (customs, banks, etc.).It is advisable to identify each product, according to its codification in the 10-digit Community Tariff ( TARIC) or at the 8-digit level ( Harmonized Commodity code) with the Nn to speed up customs procedures.Indicate if the "merchandise is exported definitively" (to be sold / consumed on the spot), or if the " merchandise is exported temporarily" (in particular to participate in events such as "Trade Show").In the absence of an indication of the origin of the goods, the customs office of export may in fact refuse to issue a certificate of origin such as EUR-1. A Chinese mobile, it will always be Chinese, no matter how much we paid for VAT and import duties. Origin of the goods, which is not the same as the origin.Remember that the use of Incoterms is in no way compulsory, being an agreement between the parties. Terms of delivery of the goods (by referring if we had accepted, to the conditions of international negotiation published by the International Chamber of Commerce).These points are related to the incorterms and should be on the commercila invoice: This description is based on an international ISO standard. The container number is also specified in the upper right corner of the container by 4 acronyms and 7 digits. In turn in this packing list, it should be mentioned that what is detailed corresponds to the bill number… In this case, we would issue the commercial invoice with a more or less generic description, mentioning therein, " according to the packing list attached". If all this information, due to the quantity or type of goods, cannot be indicated on the invoice, there is a packing list. In the case of full container shipments (not groupage), you must specify the container number, the goods loaded in each container and the total weight of the goods also per container.Do not indicate, for example "$", which leads to doubts or confusion between American dollars, Canadian dollars, Hong Kong dollars, etc. Unit and total price of the goods in the agreed currency.Precise denomination and quantity of goods.Tax identification number assigned by the local administration or, where applicable, by that of another Member State of the European Community, with which the operation necessary for the issuance of the invoice has been carried out.Full company name, both of the person required to issue an invoice and of the recipient of the operations.
How does VAT work in intra-Community transactions?.For example, if you are sending airfreight shipments with FedEx or DHL you will have to provide a FedEx commercial invoice or DHL commercial invoice. Therefore, the exporter must ensure that all information is clearly stated in a correctly formatted document to avoid the importer having any issues or delays clearing the goods through customs.Ĭommercial invoices must be provided for all seafreight and airfreight shipments. The International Commercial Invoice generally does not show tax, as International transactions for export may not be subject to local taxes. In doing so, this provides all important information and instructions for buyers, freight forwarders, Customs, agents and banks (if required).
The buyer (importer) will use this invoice and other shipping documents to get the products cleared through customs in the country of import. When products ship internationally, the shipper will have to provide the buyer with a Commercial Invoice document. How to Create and Download a Commercial Invoice document for Exportįirst, a Commercial Invoice document is an important trade document used in Global Trade.