Pro Forma Invoice
Summary of Pro Forma Invoice
An invoice prepared in advance of actual shipment of the goods for the purpose of documenting to a customer the cost of the merchandise to be sold, and such charges as freight and insurance. This document is customarily used by the potential purchaser in applying for a letter of credit, import license, or foreign exchange allocation. In the case of importations into the United States, an importer may file a pro forma invoice in lieu of a missing commercial or special customs invoice, providing the missing documents are provided by the exporter within 180 days.
(Main Author: William J. Miller)
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