Curated by Vinod Kumar Jain & Amit Jain · All Frontier Global · free, no login
Common discrepancies that cause LC rejection: (1) Late presentation (documents presented after LC expiry or after 21 days of shipment date), (2) Description of goods does not match exactly, (3) Short shipment (quantity less than LC amount), (4) Missing endorsement on B/L, (5) Insurance cover insufficient or incorrect currency, (6) Inconsistency across documents (invoice and packing list amounts differ). Always use an experienced customs house agent to prepare documents.
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