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Tolerance with partial shipment

Posted: Mon Jun 07, 2021 10:50 am
by ahay1407
Dears,

First, I hope you are fine...
.
I have one inquiry... the LC partial shipment is allowed and there tolerance + - 1% and the documents amount and quantity presented less 1 PCT... is it discrepancy?
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Thanks

Re: Tolerance with partial shipment

Posted: Thu Jun 10, 2021 2:16 pm
by picant
Hi Pal,

I think that it may be accepted if the l/c description states "total" quantity, however consult opinion R896/TA872.
Other comments appreciated
Ciao

Re: Tolerance with partial shipment

Posted: Thu Jun 10, 2021 7:56 pm
by KAMRANTAMBOLI
Dear Ali,

since partial shipment is allowed in LC, there is no scope for valid discrepancy.