27:

Total Sequence
1/1

40A:

Form
IRREVOCABLE

20:

Documentary Credit Number

______________________

31C:

Date of Issue
______________________

40E:

Applicable Rules
UCP LATEST VERSION

31D:

Date and Place of Expiry

15/10/2016, SINGAPORE

50:
9:

Applicant
Beneficiary

32B:

Currency Code, Amount

CURRENCY
: USD (US DOLLAR)
AMOUNT
: USD 230,000/-

39A:

Tolerance in percent
0/0

41D:

Available With.. By Name & Addr

ANY BANK IN SINGAPORE
BY NEGOTIATION

42C:

Draft at ..
-180 DAYS FROM DATE OF NEGOTATION

42D:

Drawee Name & Address

L/C ISSUING BANK

43P:

Partial Shipments
NOT ALLOWED

43T:

Transshipment
NOT ALLOWED

44E:

Port of Loading/ Airport of Departure

ANY PORT(S), INDONESIA

44F:

Port of Discharge/ Airport of Destination

HAZIRA PORT, INDIA

44C:

Latest Date of shipment

25/09/2016

45A:

Description of goods/ services

10,000 MTS OF INDONESIAN STEAM COAL IN BULK AT THE RATE OF USD 23.00 PER MT.
CONTRACT REFERENCE : AGPTE/ RTIPL/ZOE/ 2016-17 / COAL / 151 DATED 09.08.2016.
INCOTERM : CIF HAZIRA PORT, INDIA
46A: DOCUMENTS REQUIRED :
1.

ONE ORIGINAL AND TWO COPIES OF SIGNED COMMERCIAL INVOICE BASED ON THE LOAD PORT
CERTIFICATE OF SAMPLING AND ANALYSIS ISSUED BY ANY INDEPENDENT INSPECTION AGENCY
AT LOAD PORT

2.

FULL SET OF 3 / 3 (3 ORIGINALS AND 3 NON-NEGOTIABLE COPIES) CLEAN ON BOARD, BILL OF

LADING (S), MARKED FREIGHT PAYABLE AS PER CHARTER PARTY CONSIGNED TO ORDER AND
ENDORSED TO THE ORDER OF LC ISSUING BANK AND NOTIFY LC APPLICANT SPLIT B/L AND
DISCHARGE PORT SHOWING ANY PORT(S) IN INDIA ACCEPTABLE.

3.

TWO COPIES OF CERTIFICATE OF SAMPLING AND ANALYSIS ISSUED BY INDEPENDENT

INSPECTION AGENCY AT LOAD PORT SHOWING THE DETAILS OF ANALYSIS.

4.

TWO COPIES OF CERTIFICATE OF WEIGHT ISSUED BY INDEPENDENT INSPECTION AGENCY AT

LOAD PORT.

5.

TWO COPIES OF DRAFT SURVEY REPORT ISSUED BY INDEPENDENT INSPECTION AGENCY AT

LOAD PORT

6.

TWO COPIES OF CERTIFICATE OF ORIGIN ISSUED BY ANY INDEPENDENT INSPECTION AGENCY

SHOWING GOODS ARE OF INDONESIAN ORIGIN.

7.

MARINE INSURANCE CERTIFICATE FOR 110 PERCENT OF CIF VALUE OF CARGO INCLUDING
INSTITUTE CARGO CLAUSE (A) COVERING ALL RISKS WITH DELETION OF EXCLUSION CLAUSE
4.4; INCLUDING LOADING / UNLOADING; WAR, & SRCC RISKS. INSTITUTE CARGO CLAUSE (A) 2009
FROM LOAD PORT TO DISCHARGE PORT . THIS INSURANCE SHALL BE IN ACCORDANCE WITH THE
SPECIFIC TERMS & CONDITIONS PROVIDED IN THE MARINE CARGO OPEN COVER WITH CLAIMS
PAYABLE IN INDIA IN THE CURRENCY OF CERTIFICATE OF INSURANCE ISSUED..

47A:
1.

ADDITIONAL CONDITIONS:

TYPICAL SPECIFICATIONS :

AS PER ISO/ ASTM STANDARD:

SPECIFICATION// UNIT// TYPICAL

GCV (ARB)// KCAL/KG// 3200
TOTAL MOSITURE (ARB)// PCT// 45 PLUS OR MINUS 1
INHERENT MISTURE (ADB)// PCT// 12-14
ASH (ADB)// PCT // 6-8

VOLATILE MATTER (ADB)// PCT// 38- 42

SULPHUR (ADB)// PCT// LESS THAN 1
SIZE// MM// 0-50
THE ABOVE SPECIFICATION ARE TYPICAL SPECIFICATION, NEVERTHELESS, IF THE LOAD PORT
CERTIFICATE OF SAMPLING AND ANALYSIS REFLECTS SPECIFICATIONS THAT ARE BELOW OR
ABOVE TYPICAL SPECIFICATIONS, BENEFICIARY MAY NEGOTIATE THE DOCUMENTS WITHOUT
DISCREPANCY.
2.

PRICE ADJUSTMENT:NO BONUS/ NO PENALTY

3.

THIRD PARTY DOCUMENTS ACCEPTABLE EXCEPT COMMERCIAL INVOICE & DRAFT

4.

PHOTOCOPIES IN LIEU OF COPIES ACCEPTABLE.

5.

TT REIMBURSEMENT ALLOWED

6.

SPELLING MISTAKE AND TYPOGRAPHICAL ERRORS IN THE DOCUMENTS, WHICH DOES NOT
CHANGE THE MEANING OF THE SENTENCE OR AFFECT THE VALUE, QUANTITY, QUALITY,
DESCRIPTION OF GOODS, PRICE & AMOUNT ARE ACCEPTABLE.

7.

DOCUMENTS BEARING A DATE PRIOR TO THE ISSUING OF OUR CREDIT ARE ACCEPTABLE

8.

DOCUMENTS PRESENTED WITH DIFFERENT HEADERS BUT SERVING THE SAME PURPOSE ARE
ACCEPTABLE

9.

CHARTER PARTY BILLS OF LADING ACCEPTABLE.

10. B/L SHOWING CHARTER PARTY DATE PRIOR TO L/C DATE AND DIFFERENT FROM B/L DATE IS
ACCEPTABLE
11. MORE THAN ONE SET OF BILL OF LADING IS ALLOWED UNDER THIS L/C. PRESENTATION OF
SEVERAL SETS OF BILLS OF LADING UNDER THIS LC ACCEPTABLE, BUT ONLY IF PRESENTED ALL
TOGETHER COVERING THE WHOLE CARGO. HOWEVER IN THE CASE B/LS ARE PRESENTED IN
SEVERAL SETS BENEFICIARY IS AUTHORISED TO PRESENT OTHER REQUIRED DOCUMETNS IN
ONE SET ONLY PROVIDED COVERING WHOLE B/LS QUANTITY
12. ARB EQUALS AS RECEIVED EQUALS AS RECEIVED BASIS,
ADB EQUALS AIR DRY EQUALS AIR DRIED BASIS,
MT EQUALS TO MTS EQUALS TO M/TONS EQUALS TO M/TONNES EQUALS TO M/TON
EQUALS M/TONNE EQUALS TO METRIC TONS EQUALS TO METRIC TONNES
NCV EQUALS NET CALORIFIC VALUE,
NET CALORIFIC VALUE CONSTANT VOLUME EQUALS TO NET CALORIFIC VALUE,
GCV EQUALS GROSS CALORIFIC VALUE,
SULPHUR EQUALS TO TOTAL SULPHUR EQUALS TO SULPHUR (TOTAL),
ASH EQUALS TO ASH CONTENT,
PCT IS EQUALS TO PERCENT IS EQUALS TO PERCENT SYMBOL (%),
WT EQUALS TO WEIGHT,
% BY WT EQUALS TO PERCENT BY WT EQUALS TO PCT BY WEIGHT,
PMT EQUALS TO PER METRIC TONNE,
SIZE EQUALS TO NOMINAL TOPSIZE,
MOISTURE IN ANALYSIS SAMPLE EQUALS TO INHERENT MOISTURE
HGI EQUALS TO HARDGROVE GRINDABILITY INDEX EQUALS TO HARD GROVE INDEX
2701.19.20.00 EQUALS TO 27011920 EQUALS TO 2701192000
HS EQUALS TO HS CODE EQUALS TO HS NO EQUALS TO HS NUMBER
PORT OF LOADING EQUALS TO LOAD PORT EQUALS TO LOADING PORT
PORT OF DISCHARGE EQUALS TO DISCHARGE PORT EQUALS TO DISCHARGING PORT
B/L EQUALS TO BL EQUALS TO BILL OF LADING
13. IF THE CONFIRMATION IS ADDED THE DRAFT MAY BE DRAWN ON CONFIRMING BANK
14. CREDIT IS AVAILABLE WITH ANY BANK IN SINGAPORE AND UNRESTRICTED FOR NEGOTIATION
15. CERTIFICATE OF SAMPLING AND ANALYSIS IN THE STANDARD FORMAT OF INSPECTION AGENCY
AND ALSO SHOWING RESULTS FOR OTHER PARAMETERS IS ACCEPTABLE

16. CERTIFICATE OF SAMPLING AND ANALYSIS / CERTIFICATE OF ORIGIN / CERTIFICATE OF WEIGHT /

DRAFT SURVEY REPORT SHOWING FULL VESSEL QUANTITY OR REFERENCE OF FULL VESSEL
QUANTITY OR PART QUANTITY OF THE VESSEL OTHER THAN INVOICE / BILL OF LADING
QUANTITY ARE ACCEPTABLE
17. INSURANCE POLICY / CERTIFICATE WITH DIFFERENT WORDING BUT COVERING ALL RISKS, WILL
NOT BE TREATED AS DESCREPENCY
18. ONLY DRAFT AND INVOICE TO BEAR LC NUMBER AND DATE
19. DOCUMENTS SHOWING PORT OF DISCHARGE AS ANY PORT(S) IN INDIA AND/OR A SPECIFIC
NAME OF PORT OR PORTS IN INDIA IS ACCEPTABLE
20. ANY ALTERATION OR CORRECTION ON DOCUMENTS MUST BE AUTHENTICATED BY ISSUERS
SIGNATURE OR INTIAL WITH COMPANYS STAMP
21. NOTIFY PARTY IN BILL OF LADING WITH DIFFERENT ADDRESS FROM LC APPLICANT IS
ACCEPTABLE
22. ALL DESCREPANCIES ARE ACCEPTABLE EXCEPT IN QUANTITY AND AMOUNT.
23. INVOICE TO BE RAISED TO THE ADDRESS OF. ( IN CASE LC APPLICANT ADDRESS IS
DIFFERENT FROM INVOICE ADDRESS)
24. DOCUMENTS TO BE SENT AT OUR ADDRESS : (mention banks address)
71B: CHARGES
BENEFICARY BANK CHARGES TO BENEFICARYS ACCOUNT INCLUDING 180 DAYS USANCE INTEREST
AND REIMBURSING BANK CHARGES ALSO WHILE APPLICANT BANK CHARGES TO APPLICANT
ACCOUNT
48: PERIOD FOR PRESENTATION
DOCUMENTS SUBMITTED WITHIN THE VALIDITY OF THE CREDIT ARE ACCEPTABLE
49: CONFIRMATION OF INSTRUCTION
MAY ADD, AT THE REQUEST AND COST OF BENEFICIARY
78: INSTR TO PAY/ACCPTG/NEGOTG BANK
BENEFICARY BANK CHARGES TO BENEFICARYS ACCOUNT INCLUDING 180 DAYS USANCE INTEREST
AND REIMBURSING BANK CHARGES ALSO WHILE APPLICANT BANK CHARGES TO APPLICANT
ACCOUNT
THIS DOCUMENTARY CREDIT IS SUBJECT TO THE UNIFORM CUSTOMS AND PRACTICE FOR
DOCUMENTARY CREDITS, 2007 REVISION, ICC PUBLICATION NO. 600.
57A: ADVISE THROUGH BANK
DBS BANK LTD,
MARINA BAY FINANCIAL CENTRE,
SINGAPORE
SWIFT: DBSSSGSG