Short- Shipment
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DINN...@gmail.com
Jul 16, 2008, 7:56:05 AM7/16/08
to FOREXINDIA
What is short shipment and what is practical aspect of the same.
svenu...@ccilindia.co.in
Jul 17, 2008, 3:34:44 AM7/17/08
to forex...@googlegroups.com
Short shipment means if the quantity shipped is lesser than what has been mentioned in LC it is short shipment. If a clause is provided in LC itself that
there is a tolerance level of some percentage (eg 10% or 15%), then it can be allowed. A certificate needs to be obtained from customs certifying the shortage.
Accordingly, the invoice value will be reduced.
Please correct me in case of any deviation
| DINN...@gmail.com
Sent by: forex...@googlegroups.com 16-07-08 05:30 PM
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What is short shipment and what is practical aspect of the same.
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DINN...@gmail.com
Jul 17, 2008, 7:06:07 AM7/17/08
to FOREXINDIA
Thank you so much sir for instant guidance. sir my further quarry in
the said subject is this " how much short shipment is permitted by RBI/
FTP/FEMA" is there any limit for that
On Jul 17, 12:34 pm, svenugo...@ccilindia.co.in wrote:
> Short shipment means if the quantity shipped is lesser than what has been
> mentioned in LC it is short shipment. If a clause is provided in LC
> itself that
> there is a tolerance level of some percentage (eg 10% or 15%), then it can
> be allowed. A certificate needs to be obtained from customs certifying
> the shortage.
> Accordingly, the invoice value will be reduced.
>
> Please correct me in case of any deviation
>
> DINNY8...@gmail.com
the said subject is this " how much short shipment is permitted by RBI/
FTP/FEMA" is there any limit for that
On Jul 17, 12:34 pm, svenugo...@ccilindia.co.in wrote:
> Short shipment means if the quantity shipped is lesser than what has been
> mentioned in LC it is short shipment. If a clause is provided in LC
> itself that
> there is a tolerance level of some percentage (eg 10% or 15%), then it can
> be allowed. A certificate needs to be obtained from customs certifying
> the shortage.
> Accordingly, the invoice value will be reduced.
>
> Please correct me in case of any deviation
>
> Sent by: forex...@googlegroups.com
> 16-07-08 05:30 PM
> Please respond to
> forex...@googlegroups.com
>
> To
> FOREXINDIA <forex...@googlegroups.com>
> cc
>
> Subject
> Short- Shipment
>
> What is short shipment and what is practical aspect of the same.
>
> ============================================================================================
> 16-07-08 05:30 PM
> Please respond to
> forex...@googlegroups.com
>
> To
> FOREXINDIA <forex...@googlegroups.com>
> cc
>
> Subject
> Short- Shipment
>
> What is short shipment and what is practical aspect of the same.
>
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