Lably
Skip to content

Commercial invoice

Document used in foreign trade

  • 1 min read
  • 1 chapters

Related on Lably

Through International trade, Customs and Payment

LabInternational TradeLabInternational TradeLabAncient Indian Ocean TradeLabInternational Trade

A commercial invoice is used to calculate tariffs, international commercial terms, and is commonly used for customs purposes. Commercial Invoices are generally not needed for shipments between EU Countries—just between EU Countries and non-EU Countries.

Commercial invoices in European countries are not normally for payment. The definitive invoice for payment usually has only the words "invoice". This invoice can also be used as a commercial invoice if additional information is disclosed. Beginning in 2018, European Invoices must be electronic for use in public procurement as laid out in Directive 2014/55/EU.

A sample commercial invoice format

More in Transportation

Rail transportMode of transportCarMotorised passenger road vehiclePublic transportShared transportation service for use by the general publicTransportMovement of goods or people between locationsRapid transitHigh-capacity public transportCanalArtificial channel for water