Dear all,
if we receive documents containing invoice and credit note which is referring to some goods from another l/c or completly different job, requiring reduced payment fot the amount of that credit note, can we say it is discrepancy that credit note is not referring to goods required by l/c terms.
I am aware that invoice can show discounts, but not discounts for some other goods, and I know that documents not required by the credit may be disregarded, but than can not be taken as basis for reduced payment.
thanks
regards
Invoice And Credit Note Show Goods From Different LC
- MIA19
- Posts: 156
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- First Name: SNJEŽANA
- Last Name: CINDRIĆ LUKAČEV
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- picant
- Posts: 2026
- Joined: Wed Aug 20, 2008 1:49 pm
Note
I have this notw:
Invoice showing a deduction not mentioned in the credit
Question raised: 25/04/2015 LC does not state that any discounts/deductions are permitted. However, invoice evidences x amount less credit note amount. The net and gross invoice value are within the LC value. Is this a discrepancy?
ISBP 745, paragraph C7 states that an invoice may indicate a deduction covering advance payment, discount, etc., that is not stated in the credit.
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Other comments appreciated
Ciao
Invoice showing a deduction not mentioned in the credit
Question raised: 25/04/2015 LC does not state that any discounts/deductions are permitted. However, invoice evidences x amount less credit note amount. The net and gross invoice value are within the LC value. Is this a discrepancy?
ISBP 745, paragraph C7 states that an invoice may indicate a deduction covering advance payment, discount, etc., that is not stated in the credit.
-
Other comments appreciated
Ciao
- MIA19
- Posts: 156
- Joined: Wed Mar 03, 2010 1:44 pm
- First Name: SNJEŽANA
- Last Name: CINDRIĆ LUKAČEV
- Organization: ZAGREBAČKA BANKA DD
- Filter: Two Plus Two =: 4
CREDIT NOTE
Dear Picant,
thank you for your reply.
But anyway, paragraph C7 an an invoice may indicate a deduction covering advance payment, discount, etc., that is not stated in the credit... does that mean that it advance, discount,... can refer to some other goods outside of this particular l/c
regards
Snježana
thank you for your reply.
But anyway, paragraph C7 an an invoice may indicate a deduction covering advance payment, discount, etc., that is not stated in the credit... does that mean that it advance, discount,... can refer to some other goods outside of this particular l/c
regards
Snježana