hai friends,
In commercial invioce applicant name is given, as per l.c. But contry name is not given. is it discrepancy ?
pls give your openions.
best regards,
naidu,
commercial invoice
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somarajuballa
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ORUNMILA
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discrepant, am afraid
commercial invoice is prepared by beneficiary to applicant, thus by implication should contain relevant details of applicant including, i believe the country of the applicanth however subarticle 14(f) could be evoked
other comments welcome
orunmila
other comments welcome
orunmila
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TLO
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commercial invoice
Hi Orunmila
I disagree with Somarajuballa. I think only the LC Applicant name is good enough.
Please refer to UCP 600 Art. 18 a ii. must be made out in the name of the applicant.
In my view, unless the L/C specified commercial invoice made out in name of LC applicant with address, otherwise I regard only the name of applicant in the invoice is comply with the L/C terms.
Cheers
I disagree with Somarajuballa. I think only the LC Applicant name is good enough.
Please refer to UCP 600 Art. 18 a ii. must be made out in the name of the applicant.
In my view, unless the L/C specified commercial invoice made out in name of LC applicant with address, otherwise I regard only the name of applicant in the invoice is comply with the L/C terms.
Cheers
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nesarul
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commercial invoice
Dear,
According to sub article 18(a)(ii) of UCP 600:
Invoice must be made out in the name of applicant[except.....]
hence the name of the applicant is mendatory....Now
if we read sub article 14(j) of UCP 600:
Here the word "WHEN..." is indicative that means where appeared...
.
Since neither the invoice required country as per article 18 nor credit required the same [assume]..It is not discrepancy from my view point.
.
Putting a step ahead will open up another ladder to climb
.
regards
nesar
According to sub article 18(a)(ii) of UCP 600:
Invoice must be made out in the name of applicant[except.....]
hence the name of the applicant is mendatory....Now
if we read sub article 14(j) of UCP 600:
.When the addresses of the beneficiary and the applicant appear in any stipulated document, they need not be the same as those stated in the credit or in any other stipulated document, but must be within the same country as the respective addresses mentioned in the credit.
Here the word "WHEN..." is indicative that means where appeared...
.
Since neither the invoice required country as per article 18 nor credit required the same [assume]..It is not discrepancy from my view point.
.
Putting a step ahead will open up another ladder to climb
.
regards
nesar