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A commercial invoice is the basic document from which the buyer or importer pays the vendor or exporter. On import shipments, the commercial invoice generally serves a dual purpose: to enable the exporter to collect his/her money and to assist the importer in clearing the goods through customs.
The North American Free Trade Agreement is a preferential tariff program, which allows zero or decreased duty for products that qualify under the provisions of the agreement. Not all goods crossing the U.S.-Canada border qualify for NAFTA treatment.
The bill of lading is a document, issued to a shipper/exporter by a carrier or trucking company, that describes the goods to be shipped, acknowledges their receipt and states the terms of the contract for their carriage.
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