LC Format
40A TYPE OF L/C IRREVOCABLE
40 E APPLICABLE RULES UCP LATEST VERSION
31D : DATE & PLACE OF EXPIRY: 30 DAYS FROM LC OPENING, AT NEGOTIATION BANK
50:00:00 NAME AND ADDRESS OF THE APPLICANT
59:00:00 NAME AND ADDRESS                                 OF THE BENEFICIARY DURGAPUR TUBES PRIVATE LIMITED, LENIN SARANI, DURGAPUR, Postal Code: 713210 ,
West Bengal
32B: CURRENCY & AMOUNT OF CREDIT IN FIGURES AND IN WORDS Rs.
(Rupees—————————— )
39 A: # PERCENTAGE CREDIT Tolerance in weight for scale is 5kg/MT
AMOUNT TOLERANCE
39B: # MAXIMUM CREDIT Rs.
AMOUNT
39C: ADDITIONAL AMOUNTS COVERED
41 A : CREDIT AVAILABLE WITH ANY BANK ANYWHERE IN INDIA,
(CAN BE CHANGED AS PER BENEFICIARY’S CONVENIENCE)
41 D : CREDIT AVAILABLE BY BY NEGOTIATION
42 C: DRAFTS AT 30 DAYS USANCE FROM THE DATE OF BILL OF EXCAHNGE
42 D: DRAWEE LC ISSUING BANK
43 P: PARTIAL SHIPMENTS PERMITTED
43 T: TRANSHIPMENTS PROHIBITED
44 A SHIPMENT FROM DURGAPUR, West Bengal
44 B : SHIPMENT TO JINDAL STEEL AND POWER LIMITED, RAIGARH-496001, CHHATTISGARH
44 C: LATEST DATE OF SHIPMENT 21 DAYS FROM LC ESTABLISHMENT
45 A: QUANTITY AND DESCRIPTION OF GOODS (BRIEF DETAILS) SUPPLY OF LANCING PIPES AS PER YOUR PO, INCOTERMS FOR JSPL RAIGARH
46 A: DOCUMENTS REQUIRED 1.        DRAFTS IN DUPLICATE DRAWN FOR AN AMOUNT NOT EXCEEDING IN AGGREGATE
Rs———————— /- REPRESENTING 100 PCT OF INVOICE VALUE AND USANCE INTEREST @
***% PA FOR 30 DAYS AND GST ON USANCE INTEREST.
2.        BENEFICIARYS SIGNED TAX OR COMMERCIAL INVOICE(S), 1 ORIGINAL WITH ONE COPY DRAWN FOR EACH DESPATCH MADE OUT IN NAME OF JINDAL STEEL AND POWER LIMITED, (PLANT ADDRESS) INDIA EVIDENCING THE CURRENT SHIPMENT(S) OF GOODS MENTIONED IN THE LETTER OF CREDIT.
3.        ORIGINAL CONSIGNOR COPY OF LORRY RECEIPT ISSUED BY ANY TRANSPORTOR CONSIGNED TO LC ISSUING BANK AND SHOWING APPLICANT NAME AND ADDRESS AS NOTIFY PARTY MARKED FREIGHT PREPAID.
4.        COPY OF E – WAY BILLS RELATING TO SHIPMENT
5.        ONE COMPLETE SET OF DOCUMENTS PRESENTED UNDER 46 A DOCUMENTS REQUIRED IN ONE PHOTOCOPY
47 A: ADDITIONAL CONDITIONS 1.        THIS L/C IS FOR 30 DAYS USANCE FROM THE DATE OF BILL OF EXCAHNGE. USANCE INTEREST FOR ** DAYS TO BE BORNE BY APPLICANT/ BENEFICIARY. USANCE INTEREST AND GST ON USANCE INTEREST IS INCLUSIVE WITHIN THE LC VALUE.
2.        THIRD PARTY DOCUMENT NOT ACCEPTABLE
3.        ANY ALTERATION IN THE DOCUMENT SHALL BE DULY ATTESTED
4.        ALL SIGNED DOCUMENTS SHALL BE FORWARDED TO LC ISSUING BANK ADDRESS.
5.        ALL DOCUMENTS SHOULD HAVE LC NUMBER AND DATE.
6.        E WAY BILL MANDATORY REQUIRED BUT IT MUST HAVE ILC NUMBER AND DATE AND QUANTITY AND DESCRIPTION OF GOODS AS PER LC.
7.        ADVISING OR NEGOTIATING BANK MUST ENSURE THAT THAT ON EVERY RELATED
DOCUMENTS TO THIS ILC SHOULD MENTION CORRECT QUANTITY AND DESCRIPTION OF

 

 

GOODS WITH ILC NO. AND CONSIGNEE AS BANK NAME AND ADDRESS AS LC ISSUING BANK ADDRESS AC JINDAL STEEL AND POWER LTD.

8.        DOCUMENTS PRIOR TO LC DATE ARE NOT ACCEPTABLE.

9.        APPLICANT BANK CHARGES ON ACCOUNT OF APPLICANT AND BENEFICIARY BANK CHARGES AND DISCREPANCY CHARGES ON ACCOUNT OF BENEFICIARY.

10.    DOCUMENTS MUST BE PRESENTED AT THE COUNTER OF THE ADVISING OR NEGOTIATING BANK WITHIN THE VALIDITY OF THIS CREDIT

11.    SUBJECT TO THE TERMS AND CONDITIONS STATED HEREIN, THE LETTER OF CREDIT IS

SUBJECT TO UNIFORM CUSTOMS AND PRACTICE FOR DOCUMENTARY CREDITS, 2007 REVISION, (ICC PUBLICATION NO 600)

71 B:

SPECIFY IF ANY CHARGES ARE TO BENEFICIARY’S ACCOUNT

LC OPENING CHARGES

 

NEGOTIATING BANK’S CHARGES

 

ADVISING/CONFIRMING BANK’S CHARGES

 

INTEREST FOR USANCE PERIOD

 

57A “ADVISE THROUGH” BANK BANK DETAILS
BANK NAME : ICICI Bank
  City Centre Durgapur – 713216,
BRANCH : Dist – Burdwan (W.B.)
IFSC CODE : ICIC0000188
A/C NO. : 18805004790
SWIFT CODE : ICICINBBCTS
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