Document background
The Commercial Invoice Pro Forma Invoice is a critical document in international trade transactions subject to United States jurisdiction. It serves as a preliminary bill of sale issued by the seller to the buyer before the actual shipment of goods. This document is required for various purposes including customs clearance, obtaining import licenses, arranging payment terms, and complying with export control regulations. It must include specific information required by US customs authorities such as detailed product descriptions, HS codes, country of origin, and accurate pricing information. The document is particularly important in scenarios where advance payment is required, when dealing with letters of credit, or when obtaining import permits in the destination country. It helps both parties understand the final cost of the transaction and assists customs authorities in determining appropriate duties and taxes.
