EN590
JET A1
1. Buyer send a Corporate Profile, along with a full ICPO, a current and valid (TSA) and buyer passport data page, Seller verifies and approves Buyer s TSA.
2. The seller issues a Commercial Invoice of the product in the seller s tanks at the port, and the buyer signs and returns the commercial invoice with an acceptance letter.
3. Seller submits a 48 hours old hard copy of fresh SGS Report to buyer Tank for verification of the
4. Upon confirmation of SGS Report by Buyer's Tank Company , Seller requests for buyers active & Operational TSR for injection program. (TSR days depend on the quantity to be injected). Seller injects product to buyer s tank and issues following POP documents to the buyer:
Full Injection report
ATV / UDTA
Copy of product Certificate of Origin
Copy of product Export License to port.
Allocation transfer Certificate.
Authority to sell and collect (ATSC).
5. Buyer conducts Dip test on the product at the buyer's cost for reconfirmation.
6. Upon confirmation of the SGS test by the buyer for quantity and quality, the buyer makes 100% payment via MT103 for the total value of the product injected into the buyer s tanks.
7. Seller pays all intermediaries involved via NCNDA/IMPFA and subsequently, monthly shipments continue as per terms and conditions of the sales and purchase agreement contract between the buyer and seller. After successful delivery of the first monthly shipment of The Product, Buyer transfers the full amount of the shipment to maintain the Letter of Credit and contract continues for subsequent 6-12 months subject to this
.
