What is the Difference Between Performa Invoice and Invoice, in Export Import Business. A Proforma Invoice is a preliminary document issued before shipment, providing an estimated cost, product details, and terms to the buyer for approval. It is not a demand for payment but serves as a commitment to supply goods under agreed conditions. In contrast, a Commercial Invoice is a final document issued after shipment, serving as a legal record for payment and customs clearance. Understanding the diffe
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