Question

What are the difference between invoice and proforma invoice?

Answer 1

S.No.	Difference Basis	Proforma Invoice	Invoice
1.	Instructions and Condition	Here instruction and conditions are related to the selling of goods.	While in invoice instruction and conditions are related to the purchasing of goods.
2.	Base	It send to its representative by consignor.	While it sent to its buyer by seller.
3.	Statement	It is a statement of goods sent to consignee by consignor.	While it is statement of goods remaining to buyer by consignee.
4.	Transfer of Ownership	By this statement ownership is not transferred to consignee from consignor.	While in Invoice ownership of goods is transferred to buyer.