What is LC Bill Discounting? | CA Raja Classes

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Difference Between LC and BG | CA Raja Classes

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[KaviSukumar]

Sir under LC, in Invoice the consignee name would be LC issuing bank and notify party would be client or consignee would be client please confirm

[vikasprajapati]

Sir, during the lc discounting if client not give the acceptance to bill of exchange, than what we do ?

[wonderwhy]

What is the percentage or charge over LC bill discounting

[anujam]

Is that ecgc under ecib has to taken for fbd in foreign currency

[narendrathakkar]

Sir Ji, Pls explain Clause Number 41 D of Inland LC

[harshitmohata]

sir if a company is having Interest realised on LC discounting which being shown in books as an income
Can you please explain it at the earliest

[siddharthupponi]

Whenever an LC is issued, the buyer already has undergone collaterals. Then why is the need of bill discounting done on LC when it's already under obligation . Don't you think it's going to impact the seller as his invoice gets discounted.

[IamHaiderNaqvi]

Great information and video lecture.
From Karachi Pakistan.