Feature of Commercial Invoice :
The invoice is the list of articles containing their particulars and prices. It is also book-keeping instruments for the importer.i. The description of the good / Merchandise in invoice should corresponds with to that given in the L/C.
Sample Commercial Invoice:
1. EXPORTER 2. CONSIGNEE 3. INTERMEDIATE CONSIGNEE 4. FORWARDING AGENT 5. COMMERCIAL INVOICE NO.6. CUSTOMER PURCHASE ORDER NO. 7. B/L, AWB NO.8. COUNTRY OF ORIGIN 9. DATE OF EXPORT 10. TERMS OF PAYMENT 11. EXPORT REFERENCES 12. AIR/OCEAN PORT OF EMBARKATION 13. EXPORTING CARRIER/ROUTE 14. PACKAGES 15. QUANTITY 16. NET WEIGHT/GROSS WEIGHT 17. DESCRIPTION OF MERCHANDISE 18. UNIT PRICE/TOTAL VALUE 19. PACKAGE MARKS 20. MISC. CHARGES 21. CERTIFICATIONS
ii. The invoice should be signed by the beneficiary or by the assignee and it should be prepared strictly as per credit terms and condition of L/C be incorporated in the LC.
iii.The amount of invoice should be expressed in the currency of the L/C.
iv. The invoice should specify quantity clearly and the word like approximately, about, nearly be avoided.
v. The invoice should contain brief reference to transport documents and disclose basis of pricing (FOB, CFR, CIF etc.).vi. The invoice documents do not include extraordinary expenses such as cable, storage, commission, etc. unless specified in the credit. vii. The relevant LCAF number, Bangladesh Bank registration number, etc. are correctly incorporated in the invoice.
Type of Invoice :
02.Consular InvoiceIt is made out on a prescribed format certified by the consular office of the importing country stationed in the exporting country. It is also called a legalized invoice.
03. Custom InvoiceThese are specific forms supplied by the customs office of the respective importer duly filled & signed by the shipper & serve the purpose of making easy entry of the merchandise into the importing country.
04.Certified InvoiceIt is an invoice bearing a signed statement by someone in the importers country who has inspected the goods & found them in accordance with those specified in the contract.
05.Pro forma InvoiceIt is a form of quotation to a potential buyer.