The Import Export Invoice is a fundamental document in international trade transactions governed by Pakistani law and international trade practices. This document is required for all import and export transactions involving Pakistani entities, serving as both a commercial invoice and a customs declaration document. It must comply with the Pakistan Customs Act 1969, Foreign Exchange Regulation Act 1947, and various other trade-related regulations. The Import Export Invoice includes crucial information such as party details, product specifications, pricing, shipping terms, and necessary declarations, making it essential for customs clearance, banking transactions, and regulatory compliance. It forms the basis for various trade processes including customs valuation, duty assessment, foreign exchange remittance, and payment settlement.
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1. Invoice Header: Company details, invoice number, date, and reference numbers
2. Buyer and Seller Information: Complete contact details, tax numbers, and registration information of both parties
3. Shipping Details: Port of loading/discharge, vessel details, shipping marks, and delivery terms (Incoterms)
4. Product Details: Detailed description of goods, HS codes, quantity, unit price, and total amount
5. Payment Information: Payment terms, banking details, and currency information
6. Total Invoice Value: Breakdown of costs including goods value, freight, insurance, and total amount
7. Declaration: Standard export/import declarations and certification of origin
1. Insurance Details: Required when insurance is arranged by either party and needs to be documented
2. Special Handling Instructions: Include when goods require specific handling, temperature control, or safety measures
3. Letter of Credit Details: Required when payment is through LC, including LC number and issuing bank details
4. Commission Details: Include when there are agent commissions or third-party payments involved
5. Quality Certification: Required for specific products requiring quality certificates or inspection reports
1. Packing List: Detailed breakdown of items, packages, weights, and dimensions
2. Product Specifications: Technical specifications and details of the products being traded
3. Quality Certificates: Relevant quality, safety, or inspection certificates
4. Origin Certificate: Certificate of origin documentation
5. Bank Documents: Copies of relevant banking documents like LC or bank guarantees
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