QUERY FROM MARK
LC CALLED FOR INCOTERM FOB ANY PORT IN JAPAN
INVOICE SHOW FOB ANY PORT IN JAPAN AND B/L SHOW PORT OF LOADING TOKYO, JAPAN IS THIS A DISCREPANCY? INVOICE MUST SHOWS INCOTERM FOB TOKYO, JAPAN OR FOB ANY PORT IN JAPAN
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COMMENT
Hi,
ISBP Para. 58 says the description of the goods, services or performance in the invoice must correspond with the description in the credit. So, if checked separately, the invoice is deemed to be complied with the credit. However, if cross-checked with other documents, the invoice seems to be discrepant as it is to some extent inconsistent with the bill of lading.
Notwithstanding my above analysis, I would accept the invoice.
Regards,
Nguyen Huu Duc …
