Regulatory Alerts2013-07-03
Added · Updated
FEPD Circular Letter No. 18: LC Condition for Preshipment Inspection Certificate Regarding Sulphur Content in Coal Imports
The document advises authorized dealer banks to ensure that importers of coal obtain a preshipment inspection certificate from an internationally reputed surveyor confirming that the sulphur content does not exceed 3% when establishing letters of credit. This requirement is intended to ensure compliance with the specific instructions outlined in paragraph 32 of section 26, chapter 6 of the Import Policy Order, 2012-2015. The guidance addresses complaints regarding the non-adherence to these established instructions during the letter of credit establishment process.
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