Without a commercial invoice, customs clearance may be delayed as officials will need to gather additional information or request the missing document.Ģ. Customs Clearance Delays: Customs authorities typically require the necessary documentation, including a commercial invoice, to assess the value of the goods and determine applicable duties, taxes, and customs fees. Here's what you can expect in such a situation:ġ. If your shipment does not have a commercial invoice when it is required, you may encounter difficulties during customs clearance and face potential delays or even rejection of your shipment. When CN23 form is enough and when I need commercial invoice as well? Both documents may be required for international shipments, but their content and purpose differ. In summary, the CN23 form is a customs declaration that provides essential information for customs authorities, while the commercial invoice is a sales document that serves as a record of a commercial transaction and is primarily used for payment and financial purposes. However, customs authorities may request a commercial invoice as part of the documentation required for customs declaration, along with other documents like the CN23 form. Customs Compliance: While the commercial invoice provides valuable information about the goods being shipped, it is not primarily used for customs clearance. It is also used for accounting, tax, and financial reporting purposes.Ĥ. Payment and Financial Documentation: The commercial invoice is used for payment purposes, serving as proof of the transaction and indicating the amount owed by the buyer to the seller. It may also include additional information like shipment tracking numbers, insurance details, and any applicable trade terms (e.g., Incoterms).ģ. Content: The commercial invoice includes information such as the buyer's and seller's details, purchase order number, description of the goods, quantity, unit price, total value, payment terms, and shipping terms. It is used to indicate the value of goods and serves as a billing statement.Ģ. ![]() Purpose: The commercial invoice is a sales document that provides a detailed record of a commercial transaction between a buyer and a seller. Packaging Attachment: The CN23 form is typically attached to the outside of the package or included in a transparent pouch so that customs officials can easily access and review it.ġ. It helps customs officials assess the applicable duties, taxes, and customs fees, and ensures compliance with import/export regulations.Ĥ. ![]() Customs Clearance: The CN23 form is submitted to customs authorities to facilitate the clearance of the shipment. It may also include information regarding the origin of the goods, the reason for export, and any applicable licenses or permits.ģ. Content: The CN23 form includes details such as the sender's and recipient's information, a description of the contents, quantity, weight, value, and the harmonized system (HS) codes that classify the goods for customs purposes. It is used primarily for postal shipments or courier services.Ģ. Purpose: The CN23 is a customs declaration form that provides information about the contents of a package being shipped internationally. Then one of the significant contributors to the product price is customs duty.ĬN23 (Customs Declaration) and a commercial invoice are both documents used in international trade, but they serve different purposes and provide different information. When it comes to international shipping, we first think about shipping prices. Global markets opened many opportunities for international trade, and even if you work in a very narrow niche, you can still boost your sales by delivering worldwide.Īs a shop, you are interested in providing the best experience to your customer, including fair prices and reasonable shipping time. ![]() Goods are examined, their cost is evaluated, and import duties are applied, if applicable. ![]() National customs employ many people to deal with all these imports. What makes this even more interesting is that these rules are constantly changing. Countries protect their interests by imposing taxes on some imports or, contrary, allowing their economies to grow more rapidly by enabling products without tax. What happens when you send your product abroad? How is it different from sending a gift to your distant relative? International trade is a complicated and well-regulated space.
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