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Invoice Types
Commercial Invoice
Definition
A customs document used in international trade to determine tariffs and duties.
Overview
A commercial invoice is required for international shipments and includes detailed information about the goods being shipped, their value, and the parties involved. Customs officials use this document to assess duties and taxes.
Example
An exporter includes a commercial invoice with shipment details for customs clearance when shipping products from the US to Europe.
Best Practices
Required for all international shipments. Must include accurate HS codes and product descriptions.
Common Mistakes to Avoid
Inaccurate product valuations
Missing HS codes
Incomplete shipper information
Frequently Asked Questions
Do I need a commercial invoice for all international shipments?
Yes, commercial invoices are required for most international shipments for customs clearance.