Tag: Description of Goods Discrepancy
Top 5 Discrepancies in a Commercial Invoice
Commercial invoice is one of the key documents in a letter of credit transaction.
Almost all documentary credits, either commercial or standby, requesting a commercial invoice...
Description of Goods on the Multimodal Bill of Lading is Inconsistent Discrepancy
According to the letter of credit rules, the commercial invoice must contain a description of goods, which corresponds to that indicated in the credit.
Other...
Description of Goods is in Conflict with Other Documents Discrepancy
The packing list is a trade document, which shows the contents of the shipment in detail and acts as a supporting document of the commercial...
Description of Goods Differs from the Letter of Credit Discrepancy
As per letter of credit rules and international standard banking practices a certificate of origin should not specify description of goods different than what...
Commercial Invoice Shows Merchandise Not Called For Discrepancy
A commercial invoice should not indicate goods, services or performance not called for in the credit.
As per letter of credit rules and international standard...
Description of Goods Discrepancy
According to the letter of credit rules and international standard banking practices, the description of the goods, services or performance shown on the commercial...