Transcription of CHAPTER 22 IMPORT BILLS UNDER LC (PAYMENT …
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CHAPTER 22 IMPORT BILLS UNDER LC (PAYMENT …
1 CHAPTER 22 IMPORT BILLS UNDER LC ( payment against documents ) 2 CHAPTER 22 IMPORT BILLS UNDER LC ( payment against documents ) INDEX Para No TOPIC Page No 22 Introduction 3 22 1 Receipt of Documents and Control in PAD 3 22 2 Scrutiny of Documents 3 22 2 1 Initial Scrutiny Scrutiny of Individual Documents 4 22 2 2 bill of Exchange 5 22 2 3 Invoice 6 22 2 4 bill of Lading 6 22 2 5 Airway bill or Air consignment Note 9 22 2 6 Insurance document 10 22 2 7 Other Documents 11 22 2 8 Certificate of Origin 12 22 3 Presentation of Documents 12 22 3 1 Retirement of IMPORT BILLS UNDER LC 15 22 4 Overdue IMPORT BILLS 17 22 4 1 Clearing / Storage of goods of Unpaid IMPORT BILLS UNDER LC 18 22 5 Cancellation of LC due to Frustration of Contract 20 22 6 Cancellation of Partly utilized / Unutilized LC 21 22 7 Revival of Expired LC 21 22 8 Missing IMPORT Documents 22 22 9 Missing BL Guarantee 22 22 10
2 CHAPTER 22 IMPORT BILLS UNDER LC (PAYMENT AGAINST DOCUMENTS) INDEX Para No TOPIC Page No 22 Introduction 3 22 1 Receipt of Documents and Control in PAD 3
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