Invoice

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Invoice

An itemized statement or written account of goods sent to a purchaser or consignee by a vendor that indicates the quantity and price of each piece of merchandise shipped.

A consular invoice is one used in foreign trade. It is signed by the consul of the nation to which the merchandise is shipped. Such an invoice facilitates the entry through the destination country, since the quality and value of the shipment are verified prior to its arrival.

INVOICE, commerce. An account of goods or merchandise sent by merchants to their correspondents at home or abroad, in which the marks of each package, with other particulars, are set forth. Marsh. Ins. 408; Dane's Ab. Index, h. t. An invoice ought to contain a detailed statement, which should indicate the nature, quantity, quality, and price of the things sold, deposited, &c. 1 Pardess. Dr. Com. n. 248. Vide Bill of Lading; and 2 Wash. C. C. R. 113; Id. 155.

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Clements says that the commercial invoices found in letters of credit transactions are one such example.
Clements points out five specific items to remember when it comes to commercial invoices.
* The amount of the commercial invoice does not exceed the credit amount or available balance of the credit.
* The commercial invoice does not contain changes or other merchandise not specified in the credit.
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For UAE customers organising shipments to third party receivers, the Commercial Invoice Removal option means the value of the goods can be kept confidential.
UPS puts UAE importers in control of their shipments

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