Solve
Guides
0
You visited us 0 times! Enjoying our articles? Unlock Full Access!
Standard XI
Business Studies
Mode of Entering into International Business
Question

What is a proforma invoice in terms of an auxiliary export document?

Open in App
Solution
Verified by Toppr

A proforma invoice is a confirmed purchase order that includes the terms and conditions under which the customer and supplier agree on the cost of the product. A proforma invoice is used to create a sale quote. This is sent before the commercial invoice is sent.

Was this answer helpful?
0
Similar Questions
Q1
What is a proforma invoice in terms of an auxiliary export document?
View Solution
Q2

What is proforma invoice ?

View Solution
Q3

Which of the following documents is not a document related to the fulfill the customs formalities?

(a) Shipping bill

(b) Export licence

(c) Letter of insurance

(d) Proforma invoice

View Solution
Q4
what is proforma invoice? explain briefly
View Solution
Q5
A proforma invoice is sent by ______________.
View Solution