International Commercial Invoice
The International Commercial Invoice is an administrative
document which contains all the information about the international sale. The
item, quantity, price for the products/services sold, delivery and payment
conditions, as well as the taxes and other expenses that might be included in
the sale, are detailed in an International Commercial Invoice.
The importer, with the original of the International
Commercial Invoice, declares to the tax authority of his country the amount
that it must pay, to who it is going to pay and the agreed means of payment.
For the exporter, this document means a documentary evidence of the sales that
it has made in foreign markets.
In operations with third countries, the International
Commercial Invoice is part of the customs declaration, upon which, the taxes
and tariff rights applied, must be paid at the moment at which the products
enter the country. In operations with EC countries, this document is used as a
declaration of the transaction and tax exemption to comply with the basic tax