chapter 7 documents under LC.ppt

Article 39 b. Unless a Credit stipulates that the quantity of the goods specified must not be exceeded or reduced, a tolerance of 5% more or 5% less will be permissible, always provided that the amount of the drawings does not exceed the amount of the Credit. This tolerance does not apply when the Credit stipulates the quantity in terms of a stated number of packing units or individual items. What is a commercial invoice ? Stanley International Trading Co., Ltd Commercial Building Manila, the Philipines Tel?652210001 Tele-fax: (65)2210425 Commercial Invoice Date: 10th