Document background
The Proforma Invoice For International Shipping is a fundamental document in international trade, particularly within Singapore's robust trading environment. It serves as a commitment from the seller to the buyer, outlining the exact terms of a proposed transaction before the actual shipment occurs. This document is essential for customs clearance, obtaining import licenses, and processing international payments. It contains detailed information about the goods, pricing, shipping terms, and payment conditions, making it crucial for both parties to understand their obligations and expectations. Under Singapore's jurisdiction, this document must comply with various regulations including the Customs Act, GST requirements, and international trade conventions.
