Foreign supplier accepts liquidated damage clause in PO but not Letter of Credit. Is it permissible under ucp, fema,rbi rules to deal with LD issue outside LC.
Pl guide
Jayanta Bandyopadhyay
5.9.21
JAYANTA KUMAR BANDYOPADHYAY (professional service) (293 Points)
05 September 2021Foreign supplier accepts liquidated damage clause in PO but not Letter of Credit. Is it permissible under ucp, fema,rbi rules to deal with LD issue outside LC.
Pl guide
Jayanta Bandyopadhyay
5.9.21