After obtaining the initial approval the STP / EHTP units have to enter into a LUT with STPI. The following is the procedure for the execution of the legal agreement :
-
Acceptance to the standard terms and conditions of the approval letter and the conditions stipulated at Annexure1a
-
The acceptance letter to be sent to MIT and SIA with a copy to STPI Rourkela, to the addresses specified at Annexure1b
-
Legal agreement as per the format at Annexure2 has to be typed on a Rs. 50.00 stamp paper.
-
The legal agreement should be signed on all the pages.
-
Common embossed seal to be affixed on all the pages.
-
Witness signatures to be done
-
Importer exporter code number obtained from DGFT has to be enclosed
-
Board resolution copy to be enclosed
-
Advance service charge of Rs. 45000.00 to be given
-
Application of the Green Card as per Annexure - 3
-
Bank certificate for maintaining the bank account
-
Photo copy of the legal agreement with original signatures
-
List of CG import as per format
(Des Qty Value)
-
List of CG indigenous as per format
(Des Qty Value)
Check list for LUT execution:
-
Service Charges given
-
Verification of the name with the approval letter
-
Execution date of the legal agreement should be after the approval date, IEC date and date of the Demand Draft
-
STPI’s approval No. to be mentioned in Page No.1, para 2, 1st line and Clause No.9 of the legal agreement.
-
Acceptance letter to be submitted to STPI-Rourkela, SIA and MIT
-
Reference No. mentioned in the acceptance letter should be mentioned in Page No.1, para 2, last line of the legal agreement.
-
Common Embossed seal to be affixed
-
Director’s signature to be affixed on the place provided with their address
-
Witness signature to be obtained with the address
-
Value of list is within the approved limit
-
Value of list is within the approved limit
|