INVOICE AND PACKING LIST -- To be prepared by the Exporter Invoice means the rate by which the seller agreed to sell his goods to the buyer. The terms and conditions necessarily contain Price (Sea or Air Port) of the invoice along with Date of Shipment and Mode of payment. Further, invoice rate should necessarily contain the following terms
F.O.B.- Free on Board (Includes rate of the material,insurance and other charges connected in the process).
C & F - Cost and Freight (includes cost of the material and freight charges).
C.I.F.- Cost, Insurance and Freight (includes cost, insurance and freight charges).
PRICES TO BE QUOTED IN US DOLLAR/POUND STERLING/EURO/JAPAN YEN
Mode of payment with the Importer should cover the following:
Advance payement.
Letter of Credit (L/C).
Documents against Payment (D/P).
Documents against Acceptance (D/A).
source: http://www.eximguide.com/
