The commercial invoice (or pro forma invoice) is the customs document that you’ll use most often when shipping outside the U.S. Required for all non-document shipments, it is the primary form used for importation control, valuation and duty determination.
Just so, what is a FedEx commercial invoice?
A Commercial invoice is the official transaction record between a shipper and a recipient. It is the most common source of information used by Customs officials to clear FedEx Express shipments across international borders.
Then, where is the FedEx commercial invoice?
If a Commercial Invoice is needed for your shipment, it will be generated for you to print on the Thank You page after you complete your shipment. Simply check the box for Commercial Invoice and click print.
Who is responsible for commercial invoice?
Who is responsible for the commercial invoice? The shipper, who is oftentimes the seller (exporter), issues the commercial invoice. What information is required on a commercial invoice? All eight fields may be required on a commercial invoice.
Why is commercial invoice important?
Meaning and Importance of a Commercial Invoice
It is mainly used for clearance purposes with regard to customs and helps in the determination and assessment of duties and taxes payable. It contains the full description of goods sold, their quantities, and value as previously agreed upon by the parties.
Why is FedEx asking for a commercial invoice?
A commercial invoice is an important document needed for international shipping. It provides information for the customs authorities, which helps them asses if the goods can move in or out of a country/territory and what, if any, controls are needed. It also helps them determine duties and taxes.