Document background
The Proforma Customs Invoice is a fundamental document in international trade operations under Indian jurisdiction, governed primarily by the Customs Act, 1962 and Foreign Trade Policy. This document is required whenever goods are being exported from or imported into India, serving as a preliminary invoice that helps establish the customs value of goods and facilitate customs clearance procedures. It includes detailed information about the parties involved, complete description of goods, pricing, delivery terms, and payment conditions. The document is essential for obtaining import licenses, opening letters of credit, and completing customs formalities. It must comply with Indian customs regulations and international trade practices, making it a crucial tool for both commercial and regulatory purposes in international trade transactions.
