Document background
The International Shipping Invoice is a fundamental document in international trade transactions subject to Nigerian law and international commerce regulations. It serves multiple purposes: as evidence of sale, shipping documentation, customs declaration, and payment instruction. This document is required for all international shipments entering or leaving Nigeria, combining elements of commercial invoicing with specific requirements set by Nigerian Customs Service and the Central Bank of Nigeria. It must include detailed product descriptions, HS codes, values, shipping terms, and payment conditions. The document is crucial for customs clearance, foreign exchange transactions, and maintaining compliance with both Nigerian and international trade regulations. Its format and content must satisfy requirements under the Nigerian Customs and Excise Management Act, as well as international trade conventions.
