1) Annual audited accounts along with schedules thereto of the company for the last 3 years. In case the feasibility is done within 6 months from last day of the previous financial year un-audited Balance Sheet certified by two directors of the Company, along with previous two years audited accounts.
In case of a newly formed company or a company less than 3 years old, where Annual Accounts for three years will not be available, Annual Accounts as available will be obtained. In such case if any Group Company gives a guarantee then their annual accounts may be considered. In other cases, projected B/S and P & L accounts as submitted to Fls / Banks will be considered.
2) Account of current financial year (Quarterly / Half yearly un-audited) duly certified by at least 2 directors and a Chartered accountant.
3) Brief report on the Organization’s Activities, namely:
a) Name & Address (Registered Office) of the Organization.
b) Whether it is Public Limited / Private Limited / Partnership/ Proprietorship etc.
c) Name & Address of associate Business Unit or Group Companies, if any.
d) Name, address and phone numbers of the Directors / Partners / Proprietors and other Key Officials. who are presently holding the charge of the company. (The new customer should undertake to notify any change therein immediately).
e) Overview / Profile of the company.
f) Name & address of the bankers along with account number and account type. (Any change to be notified to MSTC)
4. A write-up on the Business proposal, which should normally include prior purchases of the proposed item by the party, mode of sale to them by MSTC, mode of payment to MSTC, mode of delivery from the foreign customer, MSTC’s mark-up, etc.
5. Overview and Profile of the Industry.
6. Item to be purchased, duty structure for import, specification etc.
7. Import / Purchase viability with reasonability of import / landed price.
8. Domestic availability / Domestic Price.
9. Name, address & phone numbers of a few reputed domestic suppliers, if any.
10. Name, address & phone numbers of a few reputed foreign suppliers.
11. (a) Report on last indents / purchase
(Quantity / value / supplier for last 3 purchases). Copy of Bill of Entry and/or B/L or Commercial Invoice evidencing such imports indicating price.
(b) Details of Foreign journals / websites from where indicative price may be obtained.
12. Name of a few domestic industries, which are in the same operations and use the input required by the customer.
13. Memorandum and Articles of Association.
14. Copy of Central Excise Registration Certificate.
15. Copies of Sales Tax Registration and exemption certificate, if any.
16. Excise / Sales Tax / Income Tax returns for last year, if any including the latest quarter of the current year.
17. Copies of last 3 months electricity bills immediately preceding cycle.
18. Name of at least five customers of the party.
19. Copies of last letter from Term Lending Institution stating the latest position of their loans.