Export lc inquiry
This query is : Resolved
Sahil Vora
(Querist)
01 May 2014
I have a export order on LC terms. The LC contract says: The minimum weight of the product should be 18000KG Certificate of Weight and Quality by SGS is req. The weight mentioned on Invoice says it is 18100Kg and is billed according to 18100KG. The weight certificate given by SGS mentions the weight as 18000Kg. So there will be difference between weight of SGS and weight of Invoice. Will it be a discrepancy for LC terms in bank
CMA Ramesh Krishnan
(Expert)
01 May 2014
yes. it will be the discrepancy, you can give the acceptance for the same from both side in writing to bankers
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