Home › Forums › Letters of Credit

PRE-SHIPMENT INVOICE NO. AND POST SHIPMENT INVOICE.

3 replies [Last post]
Mon, 06/13/2016 - 03:30
BHAUTIK
Offline
Joined: 04/20/2016
Printer-friendly versionSend by emailPDF version
0
Log in to vote

Dear All,

We normally prepare pre-shipment invoice at time of stuffing at the time of stuffing and we used that invoice no. for preparing Preferential Certificate of Origin for respective govt. bodies. We prepare post shipment invoice once shipment sailed from the port but we are mentionining post shipment invoice reference number in our post shipment invoice.

We are getting discrepancy while we submit the document in the bank under letter of credit due to two invoice refernce no.

Kindly provide explanation how to satify the bank.

Regards,

Bhautik Shah

 

 

 

 

 

‹ reimbursement bank Urgent: Help needed for Field 53A for Confirmation of LC ›
Top
Mon, 06/13/2016 - 21:28
#1
pan
Offline
Joined: 09/13/2007
Pre-Post Shipment Invoice

Hi Friend,

if it depends on local law, ok.

But, why do not keep the same invoice number, or adjust it for the l/c availment?

Other comments appreciated

Ciao

 

Top
Tue, 06/14/2016 - 03:33
#2
BHAUTIK
Offline
Joined: 04/20/2016
Hi Ciao, Thanks for your

Hi Ciao,

Thanks for your reply.

As per our system, we have to generate pre-shipment invoice per container because as per law all the pre-shipment invoice/other documents of the shipment should go along with the vehicle of the container.

As per the system we have to generate one post shipment invoice all together because of one bill of lading of all the containers. But due to the system barriers, we can get only one post shipment invoice number of all the containers and that invoice number is differet then the pre-shipment invoice reference numbers. In our post shipment invoice, we have one column namely Other reference column where we mention all the pre-shipment invoice reference numbers evethough bank normally raise the query for LC shipments. We also provide declaration for the same along with the shipping  docuements eventhough bank always raise the query for that.

Is there any clause under UCP 600/ISBP for the same ? Can bank consider as a discrepancy ? How can we justify the bank.

Please let us know.

Awaiting your reply.

Regards,

Bhautik Shah

 

Top
Tue, 06/14/2016 - 11:48
#3
pan
Offline
Joined: 09/13/2007
Invoice adjustment

Hi Friend,

I think you don't need to present a fiscal invoice to avail the l/c, so you may adjust the invoice number properly for the l/c , pay attention to the references on other documents too.

Other comments appreciated

Ciao

Top

//
//