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Metal Scrap Trade Corporation Limited Tender

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Gear Hobbing Machine (tooled Up)

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APPENDIX ‘M’ FORMAT FOR LETTER OF CREDIT For Indian Supplier in Rupee ISSUE OF A DOCUMENTARY CREDIT : (PER S.W.I.F.T TO …………………) FORM OF DOC CREDIT (40A) : DIVISIBLE AND IRREVOCABLE DOC CREDIT NUMBER (20) : ………………………………………. EXPIRY (31D) : DATE 30 MONTHS AFTER CONTRACT EFFECTIVE DATE PLACE …………………. APPLICANT BANK (51) : STATE BANK OF INDIA APPLICANT (50) : GENERAL MANAGER, HEAVY VEHICLES FACTORY, AVADI CHENNAI - 600 054 INDIA. BENEFICIARY (59) : ………………………………. AMOUNT (32B) : CURRENCY ………………… : AMOUNT ………………… MAXIMUM CREDIT AMOUNT (39B) : NOT EXCEEDING AVAILABLE WITH/BY (41A) : …………………… DRAFTS AT (42C) : AT SIGHT DRAWEE (42A) : …………………… PARTIAL SHIPMENT (43P) : ALLOWED TRANSHIPMENT (43T) : NOT ALLOWED LOADING IN CHARGE (44A) : ………………………… FOR TRANSPORT TO (44B) : GENERAL MANAGER, HEAVY VEHICLES FACTORY, AVADI CHENNAI - 600 054 LAST DATE OF SHIPMENT (44D) : ……. MONTHS AFTER CONTRACT EFFECTIVE DATE DESCRIPTION OF GOODS (45A) : CONTRACT NO. ………………. Dated …………. AS PER PACKING LIST (INCOTERMS 2010) DOCUMENTS REQUIRED (46A) : AS PER CONTRACT ADDITIONAL COND. (47A) : (1) L/C ESTABLISHMENT CHARGES WILL AALOWED BE BORNE BY THE BENEFICIARY AND SHALL BE DEDUCTED FROM THE PROCEEDS OF L/C (2) LD AND INTEREST ON ADVANCE AS PER INTIMATION OF APPLICANT SHALL BE DEDUCTED FROM PAYMENT TO CONTRACTOR AND CREDITED BACK TO PURCHASER’S ACCOUNT DETAILS OF CHARGES (71B) : PRESENTATION PERIOD (48) : UP TO 180 DAYS AFTER SHIPMENT DATE CONFIRMATION (49) : “WITHOUT” REIMBURSING BANK (53) : ……………….. INSTRUCTIONS (78) : + Documents must be forwarded to us by courier in one lot. + We hereby engage that payments made under and in compliance with all the terms and conditions of this credit will be duly honoured by us upon presentation of the stipulated documents.+ Paying bank may claim reimbursement telegraphically from the reimbursing bank for value 3 days after their authenticated telex/swift advice to the issuing bank of any conform drawing presented under this credit. ADVICE THROUGH (57) : ………………….. SEND TO REC INFO (72) : PHONE (BEN)……………. ( TEL NO) FAX (BEN) ……………..(FAX NO) CONTACT PERSON ……………. OTHER INSTRUCTION (73) : ………………….

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