pro forma invoice

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pro forma invoice

n
(Commerce) an invoice issued before an order is placed or before the goods are delivered giving all the details and the cost of the goods. Also called: proforma
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Recently, while inspecting the documentation of a delayed tea shipment, I found the phrase "for testing purposes" on the Proforma Invoice.
Proforma invoice - The proforma invoice is a price quotation that serves as a confirmation of the order and provides the importer with a document to take to his bank to facilitate payment based on agreed upon payment terms.
Such an offer can be made only by an official G-COM proforma invoice, signed by an authorized agent of G-COM or CCS, under the authorization of the Omnibus and Safe Streets Act of 1968 Title III, US Code Title 18.
Payment Terms: 100 Percent Against R/Note Or 95Percent Plus 5Percent ,Or 100 Payment Against Proforma Invoice For Public Sector Firm Only Of Govt.