The commercial invoiceLesson 89 of 136
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The commercial invoice

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0:00The commercial invoice is the primary document customs uses to assess
0:05value and duty.
0:07So it has to be right.
0:09It must state the full, accurate transaction price, the currency,
0:14and the Incoterm used.
0:16It must also give a clear description of the goods,
0:20the quantities, and the parties involved.
0:24Any mismatch between the invoice and the actual goods shipped,
0:28whether accidental or deliberate,
0:30is one of the fastest routes to a customs hold or penalty.
0:35An accurate invoice means smoother clearance.
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