We are in receipt of documents wherein LC asks for Shipment Advice to show Invoice Value.
Invoice shows Gross Amount as USD 12251 deducting USD 251 towards legalization Fees as per LC, hence now Net Invoice amount is USD 12000.
Shipment Advice evidences Amount as USD 12000 – which is a Net Invoice Value.
Is it a Discrepancy? Or Invoice can Show Any value i.e. Gross Value or Net Value as LC is not specifically asking for which value.
Invoice Amount On Shipment Advice
-
ANKUSHMORE
- Posts: 5
- Joined: Thu Aug 11, 2016 5:30 pm
- First Name: ANKUSH
- Last Name: MORE
- Organization: BNP PARIBAS
- Filter: Two Plus Two =: 4
- Location: MUMBAI
-
Navi
- Posts: 362
- Joined: Mon Jun 23, 2008 4:17 pm
- First Name: Olcay
- Last Name: Özcan
- Organization: Bank
- Filter: Two Plus Two =: 4
- Location: Turkey
no discrepancy
Hi,
Stating either gross or net invoice value (if not stated strictly in the LC) not make the document discrepant as it still fulfils its function, to inform recipient about shipment details and value of shipment.
Stating either gross or net invoice value (if not stated strictly in the LC) not make the document discrepant as it still fulfils its function, to inform recipient about shipment details and value of shipment.