Answered step by step
Verified Expert Solution
Link Copied!

Question

00
1 Approved Answer

Information of S/C 1.THE BUYER: TKAMLA CORP. 6-7, KAWARA MACH, TOKYO JAPAN 2.THE SELLER: SHANGHAI IMPORT&EXPORT TRADE CORP. 1321 ZHONGSHAN ROAD SHANGHAI, CHINA 3.DESCRIPTION OF

image text in transcribedimage text in transcribed

image text in transcribed

image text in transcribedimage text in transcribed

Information of S/C 1.THE BUYER: TKAMLA CORP. 6-7, KAWARA MACH, TOKYO JAPAN 2.THE SELLER: SHANGHAI IMPORT\&EXPORT TRADE CORP. 1321 ZHONGSHAN ROAD SHANGHAI, CHINA 3.DESCRIPTION OF GOODS: 4000 PCS "DIAMOND" BRAND CLOCK, ART NO. 791 PACKED IN 80 CARTONS 4. UNIT PRICE\&TERMS: USD5.31 PER PIECE CIF TOKYO 5. AMOUNT: USD21,240.00 6._SHIPMENT: SHIPMENT ON OR BEFORE JUN. 15th,2019 7. PARTIAL SHIPMENT: NOT ALLOWED 8. TRANSSHIPMENT: ALLOWED 9. INSURANCE: THE SELLER SHALL COVER INSUREANCE AGAINST ALL RISKS, WAR RISKS FOR 110% OF THE TOTAL INVOICE VALLUE AS PER THE RELEVANT OCEAN MARINE CARGO CLAUSE OF P.I.C.C.DATED JAN.1 ST1981. 10. G.W.:1232KGS, MEAS.:4.20CBM 11. OCEAN VESSEL: DAFENG E002 Letter of Credit: + SIGNED COMMERCIAL INVOICE QUADRUPLICATE INDICATING S/C NO. 21SSG-017 OF SHANGHAI IMPORT\&EXPORT TRADE CORP. 1321 ZHONGSHAN ROAD SHANGHAI,CHINA + PACKING LIST AND WEIGHT NOTE IN TRIPLICATE. + ORIGINAL CERTIFICATE OF ORIGIN AND 3 COPIES ISSUED BY BANK OF CHINA + INSURANCE POLICY OR CERTIFICATE IN 2/2 AND ENDORSED IN BLANK FOR 110 PCT OF FULL TOTAL INVOICE VALUE COVERING WAR RISKS AND WPA AS PER THE RELEVANT OCEAN MARINE CARGO CLAUSE OF P.I.C.C.DATED JAN.1 ST, 1981. WITH CLAMS, IF ANY, PAYABLE AT DESTINATION. + FULL SET OF AT LEAST IN 3/3 CLEAN ON BOARD MARINE BILL OF LADING MADE OUT TO ORDER OF ISSUING BANK AND BLANK ENDORSED AND NOTIFY APPLICANT MARKED FREIGHT PREPAID. ALL BANKING CHARGES OUTSIDE JAPAN ARE FOR BENEFICIARY'S A CCOUNT 3.Make out the Bill of Lading (20') \begin{tabular}{|l|l|} \hline FreightandchargesPREPAID & INWITNESSwhereofthenumberoforiginalbillsgfLadingstatedabovehavebeensigned,oneofwhichbeingaccomplished,theother(s)tobevoid. \\ \cline { 2 - 2 } & Place and date of issue: SHANGHAI Jun. 15 th,2019 \\ \cline { 2 - 2 } & Signed for or on behalf of the carrier: \\ WAN JANGPING AS AGENT \\ FOR THE CARRIER NAMED ABOVE \end{tabular} Information of S/C 1.THE BUYER: TKAMLA CORP. 6-7, KAWARA MACH, TOKYO JAPAN 2.THE SELLER: SHANGHAI IMPORT\&EXPORT TRADE CORP. 1321 ZHONGSHAN ROAD SHANGHAI, CHINA 3.DESCRIPTION OF GOODS: 4000 PCS "DIAMOND" BRAND CLOCK, ART NO. 791 PACKED IN 80 CARTONS 4. UNIT PRICE\&TERMS: USD5.31 PER PIECE CIF TOKYO 5. AMOUNT: USD21,240.00 6._SHIPMENT: SHIPMENT ON OR BEFORE JUN. 15th,2019 7. PARTIAL SHIPMENT: NOT ALLOWED 8. TRANSSHIPMENT: ALLOWED 9. INSURANCE: THE SELLER SHALL COVER INSUREANCE AGAINST ALL RISKS, WAR RISKS FOR 110% OF THE TOTAL INVOICE VALLUE AS PER THE RELEVANT OCEAN MARINE CARGO CLAUSE OF P.I.C.C.DATED JAN.1 ST1981. 10. G.W.:1232KGS, MEAS.:4.20CBM 11. OCEAN VESSEL: DAFENG E002 Letter of Credit: + SIGNED COMMERCIAL INVOICE QUADRUPLICATE INDICATING S/C NO. 21SSG-017 OF SHANGHAI IMPORT\&EXPORT TRADE CORP. 1321 ZHONGSHAN ROAD SHANGHAI,CHINA + PACKING LIST AND WEIGHT NOTE IN TRIPLICATE. + ORIGINAL CERTIFICATE OF ORIGIN AND 3 COPIES ISSUED BY BANK OF CHINA + INSURANCE POLICY OR CERTIFICATE IN 2/2 AND ENDORSED IN BLANK FOR 110 PCT OF FULL TOTAL INVOICE VALUE COVERING WAR RISKS AND WPA AS PER THE RELEVANT OCEAN MARINE CARGO CLAUSE OF P.I.C.C.DATED JAN.1 ST, 1981. WITH CLAMS, IF ANY, PAYABLE AT DESTINATION. + FULL SET OF AT LEAST IN 3/3 CLEAN ON BOARD MARINE BILL OF LADING MADE OUT TO ORDER OF ISSUING BANK AND BLANK ENDORSED AND NOTIFY APPLICANT MARKED FREIGHT PREPAID. ALL BANKING CHARGES OUTSIDE JAPAN ARE FOR BENEFICIARY'S A CCOUNT 3.Make out the Bill of Lading (20') \begin{tabular}{|l|l|} \hline FreightandchargesPREPAID & INWITNESSwhereofthenumberoforiginalbillsgfLadingstatedabovehavebeensigned,oneofwhichbeingaccomplished,theother(s)tobevoid. \\ \cline { 2 - 2 } & Place and date of issue: SHANGHAI Jun. 15 th,2019 \\ \cline { 2 - 2 } & Signed for or on behalf of the carrier: \\ WAN JANGPING AS AGENT \\ FOR THE CARRIER NAMED ABOVE \end{tabular}

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access with AI-Powered Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Students also viewed these Accounting questions