Quick Answer: What Makes a Valid International Proforma Invoice
International customs authorities and commercial banks require 5 mandatory fields on a Proforma Invoice:
1. Incoterms 2020 Rules (e.g. FOB / CIF) • 2. 6-Digit HS Tariff Classification • 3. Gross Cargo Weight (kg) • 4. Country of Origin & Destination Ports • 5. Expiry Window for Letter of Credit (LC).
Key Differences Between Popular Incoterms
Seller pays export clearance and loads goods on ship. Buyer pays ocean freight, marine insurance, and import duties.
Seller pays ocean freight and marine cargo insurance to destination port. Buyer handles import customs clearance.
Seller takes maximum responsibility, paying all international freight, import duties, customs fees, and doorstep delivery.