Commercial Invoice With No Value
Description
How to fill out Purchase Invoice?
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FAQ
How to Make a Commercial Invoice: Step-By-Step Guide Download a Commercial Invoice Template. ... Fill in Seller Details. ... Fill in Customer Details. ... Assign an Invoice Number. ... Include a Customer Reference Number. ... Include the Terms of Sale. ... Detail the Terms of Payment. ... Identify the Currency.
Cannot be Zero Value. If the invoice covers samples or test devices that are being received free of charge, include the following statement on the invoice: ?Samples or Testing Devices with No Commercial Value/Values Listed are for Customs Purpose Only.?
You should include in the declared value any money paid for selling commissions, assists, royalties, production costs, packing, proceeds and these items should be noted on the commercial invoice. Failure to include the above is undervaluing the goods and may result in penalties.
Goods which are being sent abroad as samples or are not being charged for often need an invoice that declares that they have no commercial value. This invoice should show a value for customs purposes only.
