Letter of Approval renewal: Form F1 prescribes required unit details, activity disclosures, investment and five year FOREX projections. Form F1 prescribes the application process for renewal of a Letter of Approval for a five year block under sub rule (6A) of rule 19, requiring unit and ... Summary
Letter of Approval renewal: Form F1 prescribes required unit details, activity disclosures, investment and five year FOREX projections.
Form F1 prescribes the application process for renewal of a Letter of Approval for a five year block under sub rule (6A) of rule 19, requiring unit and contact details, original LOA particulars, firm constitution, PAN, dates of commencement and expiry, and a statement of existing and proposed activities including investments in capital goods and raw materials and employment figures. It also mandates a five year FOREX balance sheet showing FOB export values, enumerated foreign exchange outgo components, and net foreign exchange earnings, together with applicant signature and contact information.
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