Documents
Commercial Invoice
Document issued by the seller/exporter describing the goods sold, their price, terms of sale, and details of the parties involved.
Document issued by the seller/exporter describing the goods sold, their price, terms of sale, and details of the parties involved.
The commercial invoice is the foundational document in any international trade transaction. Issued by the seller or exporter, it details the goods sold, their price, the agreed terms of sale (Incoterms), and full details of the parties involved. It serves as the basis for determining customs value and, in Mexico, for generating the COVE electronic value document.
An invoice with vague descriptions like 'general merchandise' or without a defined Incoterm will cause customs delays. The invoice must match exactly what is declared in the COVE and pedimento.
In Mexico, the commercial invoice is digitized through the COVE for electronic transmission to customs. However, the original document must be kept as supporting documentation for a minimum of 5 years for post-clearance audit purposes.
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Learn more→COVE (Electronic Value Voucher)
Electronic document that certifies the declared value of goods in the customs declaration, transmitted through Mexico's VUCEM system.
TradeCustoms Value
The monetary amount on which import duties are calculated, determined according to the WTO Valuation Agreement with transaction value as the primary method.
CustomsCustoms Declaration (Pedimento)
The official document filed with Mexican customs that covers the entry or exit of goods from Mexico, prepared and submitted by a licensed customs broker.
DocumentsPacking List
Document detailing the contents of each package in a shipment, including weight, dimensions, and description.