Document background
The Commercial Pro Forma Invoice is an essential document in Pakistani international trade, serving as a preliminary bill of sale and quotation before the actual transaction takes place. It is primarily used when businesses need to declare the value of goods for customs purposes, when buyers need to obtain import licenses or establish letters of credit, or when sellers need to demonstrate pricing and terms for potential international buyers. The document must align with Pakistani trade laws, including the Customs Act 1969 and Sales Tax Act 1990, while also meeting international trade standards. It typically contains comprehensive information about the seller, buyer, goods, pricing, shipping terms, and payment conditions, making it a crucial tool for facilitating cross-border transactions and ensuring smooth customs clearance.
