MT 700 ISSUE OF A DOCUMENTARY CREDIT

NON-NEGOTIABLE COPY
Session Holder SGXXXX608842,26-05-2014,16:44
Sender Unique Ref No. 316509
Delivery Status Acknowledged
Message Header
Sender IBKLINBB009
IDBI BANK LIMITED
(AHMEDABAD BRANCH)
IDBI COMPLEX LAL BUNGLOW OFF C.G. ROAD
Receiver SCBLSGSGXXX
STANDARD CHARTERED BANK

SINGAPORE
MAXWELL ROAD
Message Text
27- Sequence of Total 1
- Sequence of Total 1
40A Form of Documentary Credit IRREVOCABLE
E Applicable Rules UCP LATEST VERSION
20- Documentary Credit Number 140375FLCS00037
31C Date of Issue 140526
D Date and Place of Expiry SINGAPORE
D Date and Place of Expiry 140830
51A Applicant Bank IBKLINBB009
50- Applicant ANUPAM MHI INDUSTRIES LTD
138 GIDC ESTATE VITHAL
UDYOGNAGAR ANAND 388121
59- Beneficiary CARGOTEC CHS ASIA PACIFIC PTE LTD
15 TUKANG INNOVATION DRIVE 15
SINGAPORE 618299
32B Currency Code, Amount 52000
B Currency Code, Amount USD
41D Available With ... By ... BY NEGOTIATION
D Available With ... By ... ANY BANK IN SINGAPORE
42C Drafts at ... AT SIGHT
A Drawee IBKLINBB009
43P Partial Shipments PROHIBITED
T Transshipment PROHIBITED
44E Port of Loading/Airport of Departure ANY SHANGHAI SEA PORT
F Port of Discharge/Airport of Destination NHAVA SHEVA SEA PORT, INDIA
C Latest Date of Shipment 140630
45A Description of Goods and/or Services HEAVY CARGO LIFTING BEAM 70T CAP QTY 1 AT THE RATE
OF USD 52000.00 AS PER PURCHASE ORDER NO.8000000101
DATED 140213 OF APPLICANT AND AS PER PROFORMA INVOICE
NO.90541826 DATED 140418 OF BENEFICIARY.
INCOTERMS2010:CIF NHAVA SHEVA SEA PORT INDIA
46A Documents Required 1.SIGNED COMMERCIAL INVOICES 100 PERCENT OF INVOICE VALUE IN
ORIGINAL PLUS THREE COPIES ON CIF NHAVA SHEVA SEA PORT INDIA
BASIS MENTIONING THAT THE GOODS ARE FREELY IMPORTABLE AS PER
OGL OF EXIM POLICY 2009-14 AND THE GOODS ARE AS PER PURCHASE
ORDER NO.8000000101 DATED 140213 OF APPLICANT AND AS PER
PROFORMA INVOICE NO.90541826 DATED 140418 OF BENEFICIARY.
2.FULL SET(THREE ORIGINALS PLUS THREE NON-NEGOTIABLE COPIES)
OF CLEAN 'SHIPPED ON BOARD' OCEAN BILLS OF LADING MADE OUT
TO THE ORDER OF IDBI BANK LTD,IDBI COMPLEX, LAL BUNGALOW,
OFF C.G.ROAD,AHMEDABAD-380 006 MARKED 'FREIGHT PREPAID'
INDICATING NAME AND ADDRESS OF THE APPLICANT AS NOTIFY PARTY
AND BEARING THIS CREDIT NUMBER AND DATE.IT SHOULD ALSO MENTION
THE NAME AND ADDRESS OF LOCAL SHIPPING COMPANY ALONG WITH
THEIR FAX AND TELEPHONE NUMBERS AT DESTINATION.
3.PACKING LIST IN ONE ORIGINAL AND THREE COPIES.
4.CERTIFICATE OF CHINA ORIGIN WILL BE ISSUED BY CHINA COUNCIL
FOR THE PROMOTION OF INTERNATIONAL TRADE IN DUPLICATE.
5.CERTIFICATE FROM SHIPPING COMPANY OR ITS AGENT
CERTIFYING THAT THE CARRYING VESSEL IS SEAWORTHY AND
NOT MORE THAN 15 YEARS OLD AND VESSEL IS REGISTERED WITH AN
APPROVED CLASSIFICATION SOCIETY AND CLASS MAINTAINED EQUIVALENT
TO LLOYDS 100A1.
6.MARINE INSURANCE POLICY OR CERTIFICATE IN DUPLICATE MADE IN
THE SAME CURRENCY AS THAT OF THE LETTER OF CREDIT AND DATED NOT
LATER THAN DATE OF BILL OF LADING FOR NOT LESS THAN 110 PERCENT
OF CIF VALUE OF GOODS ENDORSED IN BLANK COVERING ALL RISKS AS
PER INSTITUTE CARGO CLAUSES(A),INCLUDING STRIKE RISKS AS PER
INSTITUTE STRIKES CLAUSES(CARGO)WAR RISKS AS PER INSTITUTE WAR
CLAUSES(CARGO)SRCC CLAUSES,TPND CLAUSE(INCLUDING TRANSHIPMENT
CLAUSE IN CASE OF TRANSHIPMENT)FROM SUPPLIER'S WAREHOUSE TO
APPLICANT'S WAREHOUSE INDIA WITH PROVISION FOR LODGEMENT AND
SETTLEMENT OF CLAIMS IF ANY PAYABLE IN INDIA IRRESPECTIVE OF
PERCENTAGE.
47A Additional Conditions 1.INVOICE,PACKING LIST AND BILL OF LADING TO BE MARKED DRAWN
UNDER DOCUMENTARY CREDIT NO.140375FLCS00037 DATED 140526
ISSUED BY IDBI BANK LTD,AHMEDABAD.
2.ALL DOCUMENT EXCEPT CERTIFICATE OF ORIGIN AND CERTIFICATE FROM
SHIPPING COMPANY MUST BE MARKED THAT
A)GOODS ARE BEING IMPORTED UNDER OGL OF EXIM POLICY 2009-14.
B)IEC CODE 3411004631
3.ALL DOCUMENTS MUST BE DRAWN IN ENGLISH LANGUAGE.
4.DOCUMENTS MUST NOT BE DATED PRIOR TO THE DATE OF
THE CREDIT.
5.UNLESS OTHERWISE STATED ALL DOCUMENTS MUST BE IN
DUPLICATE.
6.IN CASE OF DISCREPANT PRESENTATION THE OPENING BANK
MAY CHOOSE TO WAIVE ALL OR SOME OF THE DISCREPANCIES.
IN SUCH CASES THE OPENING BANK RESERVES THE RIGHT NOT
TO GIVE INFORMATION REGARDING THE DISCREPANCIES WAIVED
TO THE PRESENTER.THE FACT THAT SOME OF THE DISCREPANCIES
WERE WAIVED WHETHER OR NOTINFORMED TO THE PRESENTER,
WILL NOT ENTITLE THEBENEFICIARY/PRESENTER TO INSIST
ON ACCEPTANCE OF SIMILARDISCREPANCIES IN SUBSEQUENT
PRESENTATION(S).
7.IN CASE OF REFUSAL OF DOCUMENTS BY US DUE TO
DISCREPANCIES WE MAY AT OUR SOLE DISCRETION
SIMULTANEOUSLY REFER THE DISCREPANCIES TO THE APPLICANT
FOR WAIVER.IF THE APPLICANTS WAIVER RECEIVED BY US BEFORE
RECEIPT OF ANY COMMUNICATION FROM THE ENTER IN RESPONSE
TO OUR REFUSAL,THE DOCUMENTS WILL BE DELIVERED TO
THE APPLICANT AS PER CREDIT TERMS.
8.DOCUMETNS PRODUCED BY REPROGRAPHIC PROCESS/COMPUTERISED
CARBON COPIES ARE NOT ACCEPTABLE UNLESS MARKED ORIGINAL
AND SIGNED.
71B Charges ALL BANK CHARGES OUTSIDE INDIA ARE TO THE ACCOUNT OF BENEFICIARY.
48- Period for Presentation WITHIN 21 DAYS FROM DATE OF
SHIPMENT BUT WITHIN THE VALIDITY
OF THE CREDIT.
49- Confirmation Instructions WITHOUT
78- Instructions to the Paying/Accepting/Negotiating Bank 1.ON RECEIPT OF CREDIT CONFORMING DOCUMENTS AT OUR COUNTERS
WE SHALL PAY THE NEGOTIATING BANK AS PER THEIR INSTRUCTIONS.
2.DOCUMENTS TO BE COURIERED IN ONE LOT TO IDBI BANK LTD,TRADE
FINANCE DEPARTMENT KIND ATTN TO GAUTAM SARKAR(AGM TRADE FINANCE)
IDBI COMPLEX,LAL COMPLEX, LAL BUNGLOWS, OFF C.G.ROAD,
AHMEDABAD-380 006.
3.A DISCREPANCY FEE OF USD 200 SHALL BE LEVIED PER SET OF
DISCREPANT DOCUMENTS WHICH WILL BE FOR ACCOUNT OF THE
BENEFICIARY AND WILL BE DEDUCTED AT THE TIME OF PAYMENT.



Authorized Signatory1 Authorized Signatory2