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chamber of commerce

Posted: Tue Jul 13, 2010 5:48 pm
by ucp800
Dear Expert,

May I ask for your opinion of the following :


L/C request :


CERT. OF ORIGIN ISSUED BY CHAMBER OF COMMERCE



CERT. OF ORIGIN PRESENTED SIGNED BY
MINISTRY OF COMMERCE OF THE PEOPLE’S REPUBLIC OF CHINA.

MAY I TREAT IT IS ACCEPTABLE?



For your information:

http://english.mofcom.gov.cn/chamberofcom.shtml



Please comment.

Thank you for your assistance.

Regards,
ucp800

acceptable

Posted: Wed Jul 14, 2010 4:00 pm
by loankim
Hi,


Though TA611.R673 isnt absolutely same as yr case but i think it also opens something and i will acceptable the certificate of origin as presented .

yr comments are appropriate !

rgds,

CHINA COUNCIL FOR THE PROMOTION OF INTL TRADE

Posted: Wed Jul 14, 2010 9:11 pm
by ucp800
Dear Loankim,


Thank you very much for your information regarding TA611.R673,
May I ask for your help to quote some information regarding this ICC opinion,
I am not sure whether MINISTRY OF COMMERCE OF THE PEOPLE’S REPUBLIC OF CHINA.
is treated as a Chamber of Commerce such as : China Council for the Promotion of International Trade.

Thank you for your assistance.

Regards,
ucp800

hi

Posted: Thu Jul 22, 2010 11:33 am
by wilson-stock
Thanks for the information

Discrepant

Posted: Thu Jul 22, 2010 7:37 pm
by jmitra
i would count that as an discrepancy. chamber of commerce and a ministry is not the same thing. chamber of commerce serves the business man, ministry servers the minsters!

seems to be discrepant

Posted: Mon Jul 26, 2010 3:15 pm
by Navi
Hi friends,
.
We often face similar problem with certificate of origin and some other documents requiring certification of a defined legal entity. The name of the entity may be different in other countries but we, as bankers, may not be able to decide whether the certifying part is the equivalent of the one required. I generallly raise discrepancy for these issues. The beneficiary must examine the LC carefully at first and request amendment to avoid these kind of problems.,

regards

Discrepant

Posted: Tue Jul 27, 2010 12:13 am
by M.A.Chowdhury
Hi,
.
My opinion in this case is.......as the issuer is specified, it must be discrepant. But the problem is, in some countries certificate of origin is issued by the Ministry of Commerce. Better to know the issuer before sending the LC.
.
Thanks.