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PARA 61

Posted: Thu Nov 10, 2011 12:00 am
by asamaha
LC covers goods without stating any price or trade term.

The invoice presented includes charges like insurance, VAT, interest, customs, inspection fees, LC charges ... in addition to the value of the goods.

Is this a discrepancy?

Regards
Antoine

PARA 61

Posted: Thu Nov 10, 2011 12:00 am
by DanielD
In my opinion: no
The credit should have been more specific

Daniel

PARA 61

Posted: Thu Nov 10, 2011 12:00 am
by GSham
Whoever wants to treat it as discrepant needs to provide justification under UCP ...