14-08-2012, 03:36 PM
SANJEEVANI biotech PVT LTD
SANJEEVANI BIOTECH PVT LTD.pptx (Size: 222.45 KB / Downloads: 46)
INTRODUCTION
Deals with and are merchant exporters of Ayurvedic medicines
Ayurvedic medicines are a gift of India’s rich heritage and have no side effects
It is presently in daily use by millions of people in India, Nepal, and Sri Lanka
The major supplier of the company is Dollar Company Private Ltd
Being satisfied with the products’ growing domestic market , the Dollar company has a three year venture with Sanjeevani pvt ltd with a view to enter export market.
BANK FORMALITIES
An exporter has to select a bank which undertakes all banking formalities connected with negotiations of documents and realization of export procedures.
A current account is operated for export business.
The bank must be authorized to deal in foreign exchange.
Duly signed application form should be supported by the following documents to open a current account in any commercial bank:-
Copy of registration of companies
Signature of trader, secretary, chairman
2 Passport size of each individual
Signature of a person who has account in any bank
REGISTERING WITH REGIONAL LICENSING
The Customs Authorities will not allow to import or export goods into or from India unless the company hold a valid IEC number. For obtaining IEC number the company should apply to Regional Licensing Authority the duly signed application form should be supported by the following documents:
Letter head from the bank with stamp and signature to the Director General of Foreign Trade (DGFT).
Bank Receipt (in duplicates)/Demand Draft for payment of the fee of Rs. 1,200/- in the name of DGFT
Certificate from the Banker of the applicant firm.
Two copies of Passport size photographs of the applicant duly attested by the banker to the applicants.
A copy of Permanent Account Number issued by Income Tax Authorities. If PAN has not been allotted, a copy of application of PAN submitted to Income Tax Authorities.
A copy of export profile
Copy of the registrar of companies certificate