First time merchant Exporters Verification of document

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....bserved that some unscrupulous/ fly- by - night merchant exporters are exporting /attempting to export various goods using the IEC No. of other persons, who, on verification, have been found in many cases to be fictitious in the sense that they do not exist at the given address or do not have any knowledge about the consignment under export and in fact they are dummies. Such exports are affected/ ....

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....h whom the Bank Account is being maintained for the purpose of remittance of foreign exchange to the effect that account is being maintained satisfactorily. (III) Where the bank account is less than 03 month old, details of other bank accounts held by the exporter. (IV) Details of past exports made from other ports if any. (V) Balance sheet of the previous year. (VI) Copy of the last Incom....