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PROFORMA INVOICE

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Term Definition
PROFORMA INVOICE

ProformaInvoice this is an invoice containing preliminary data about the product: price, volume or number of pieces.  Provided by the seller of the goods before shipment to provide the buyer with information and the value of the goods, the buyer may need to obtain an import permit or a letter of credit.

The data specified in the proforma invoice  these are preliminary data, they may change after the final agreement of the contract.

Pro Forma-invoiceit is the basis for issuing an invoice or a commercial invoice, which is already an invoice and a final document.

The amount indicated in the proforma invoice is not an invoice or a payment request, it is only information for the importer. On the basis of this document alone, it is impossible to receive payment for the goods. However, if there are payment details in the preliminary invoice, you can pay for it.

In some countries, customs accepts this document from importers. In particular, the Russian Customs.

Synonyms:Preliminary invoice