what is invoice?

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Querist : Anonymous

Querist : Anonymous (Querist)

12 March 2010 dear sir,

what is commercial invoice and what is the customs invoice?

CA Shishir

CA Shishir (Expert)
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12 March 2010 commercial invoice is your regular bills. custom invoice is the amount wherein your foreign bill will be converted to INR and and an additional landing charges will be computed. this will be done before calculating the duties and taxes

Ram Avtar Singh

Ram Avtar Singh (Expert)
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12 March 2010 A commercial invoice is a document used in foreign trade. It is used as a customs declaration provided by the person or corporation that is exporting an item across international borders.[1] [2] Although there is no standard format, the document must include a few specific pieces of information such as the parties involved in the shipping transaction, the goods being transported, the country of manufacture, and the Harmonized System codes for those goods. A commercial invoice must also include a statement certifying that the invoice is true, and a signature.

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Ram Avtar Singh

Ram Avtar Singh (Expert)
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12 March 2010 customs invoice
Extended form of commercial invoice required by customs (often in a specified format) in which the exporter states the description, quantity and selling price, freight, insurance, and packing costs, terms of delivery and payment, weight and/or volume of the goods for the purpose of determining customs import value at the port of destination.

CMA Ramesh Krishnan

CMA Ramesh Krishnan (Expert)
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12 March 2010 Agreed with Mr.Ram

Querist : Anonymous

Querist : Anonymous (Querist)

13 March 2010 dear sir,

what is consular invoice and can we make the invoice in indian rupees?

what is provision in these matter of the government of india?

please explain ?