A nonnegotiable commercial instrument issued by a seller to a buyer. It identifies both the trading parties, quantifies the items sold, shows the date of shipment and mode of transport, prices and discounts (if any), and delivery and payment terms. Types of invoice may include commercial invoice, customs invoice, and pro forma invoice.

Protecting the Quality of Chinese imports
China is known as the largest manufacturer in the world. The Asian superpower produces billions worth of products every year, accounting for almost a third of global production. Western companies ...