The Proforma Invoice For International Shipping is a fundamental document in international trade, particularly within Singapore's robust trading environment. It serves as a commitment from the seller to the buyer, outlining the exact terms of a proposed transaction before the actual shipment occurs. This document is essential for customs clearance, obtaining import licenses, and processing international payments. It contains detailed information about the goods, pricing, shipping terms, and payment conditions, making it crucial for both parties to understand their obligations and expectations. Under Singapore's jurisdiction, this document must comply with various regulations including the Customs Act, GST requirements, and international trade conventions.
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1. Seller Information: Complete business details of the exporting company including registered name, address, tax/registration numbers, and contact details
2. Buyer Information: Complete details of the importing company including registered name, address, tax/registration numbers, and contact details
3. Invoice Details: Invoice number, date of issue, and validity period of the proforma invoice
4. Product Description: Detailed itemized list of goods including quantity, unit price, and total amount per item
5. Shipping Terms: INCOTERMS 2020 terms, shipping method, estimated delivery time, and port details
6. Payment Terms: Payment conditions, banking details, and any documentary requirements
7. Total Value: Subtotal, applicable taxes, shipping costs, and total invoice value
8. Declaration: Statement confirming the accuracy of information and compliance with trade regulations
1. Country of Origin Declaration: Declaration of where goods were manufactured or produced, used when required by destination customs
2. HS Code Classification: Harmonized System codes for product classification, included when shipping regulated goods
3. Insurance Details: Information about shipping insurance coverage and terms, included when insurance is part of the transaction
4. Special Handling Instructions: Specific requirements for handling, storage, or transportation of goods, included for sensitive or hazardous materials
1. Packing List: Detailed list of items being shipped including quantities, weights, and dimensions
2. Product Specifications: Technical specifications and details of products being shipped
3. Quality Certificates: Relevant quality certifications, compliance documents, or inspection reports
4. Insurance Certificate: Copy of insurance coverage certificate when applicable
5. Export License: Copies of export permits or licenses for regulated goods
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