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Spinning ideas
Tin number 33852103457 C.S.T 1026560 Mob no 9486161827 Phone/ Telefax 0422 2449009 B26 Hudco housing Unit, Near P.S.G.Hospital, Peelamedu, Coimbatore 641004 Tamil Nadu India

REQUEST LETTER FOR ADVANCE PAYMENT TOWARDS IMPORT Date:

To 01/08/11 The Branch Manager, ICICI Bank Ltd., Commercial Branch Cheran Plaza, Basement 1090, Trichy Road Coimbatore 641 018

We wish to import the following commodities / Goods as part of our raw material / capital goods requirement. Commodity- H.S.Code No..
IE Code No

We hereby request you to remit / issue Demand Draft for the amount as per the details given below :1 2 3 4 5 6 7 8 Amount to be remitted (in foreign currency) Value Date Remitters Name & Address Beneficiarys Name & Address Beneficiarys Bank Account No., Bankers Name & Address & Swift code Beneficiarys Banks Correspondent Bank Name, Address & Swift code Purpose of remittance ( the details to be mentioned in Swift Msg for Beneficiarys information) Foreign Bank Charges ( strike off whichever To our Account / Beneficiarys is NOT applicable) Account

We request you to debit our Account No..................... for an amount of ....... along with your charges. We undertake that we shall make the physical import within 3 months from the date of remittance ( 12 months in the case of Capital goods) and documentary evidence of import will be furnished within 15 days from the date of physical import.

Documents enclosed :1. Form A1 2. Proforma Invoice of the Supplier duly certified by the applicant 3. Copy of Purchase Order signed by the applicant. 4. Original Bank Guarantee ( applicable in case of advance remittance above USD 100,000 or equivalent ) 5. Original Import Licence ( if applicable) 6. Other document if any (Please specify) DECLARATION CUM UNDERTAKING

The goods imported/being imported by us are not covered under Negative list of imports as mentioned in Chapter -------- of Export import policy 2004-2009 and amendments there to till date. We are eligible to import the above mentioned goods under the current Export and Import Policy in Place. The said goods imported/being imporoted by us are not restricted for import through specific licensing under the above mentioned policy and amendments. I/We hereby declare that the transaction the details of which are specifically mentioned in this request letter does not involve, and is not designed for the purpose of any contravention or evasion of the provisions of the aforesaid Act or of any rules, regulation, notification, direction or order made thereunder. I /We also hereby agree and undertake to give such information/documents as will reasonably satisfy you about this transaction in terms of the above declaration. I/We also understand that if I/We refuse to comply with any such requirement or make only unsatisfactory compliance therewith, the bank shall refuse in wiriting to undertake the transaction and shall if it has reason to believe that any contravention/evasion is contemplated by me/us report the matter to Reserve

Bank of India.. I/We further declare that the undersigned has/have the authority to give this declaration and undertaking on behalf of the company.

Yours faithfully, For.

AUTHORISED SIGNATORY *In cases where remittance is made from EEFC Account please furnish Current Account No for debiting charges.

GUIDELINES /CHECKLIST FOR THE APPLICANT FOR ENSURING SPEEDY & ERROR FREE REMITTANCE - REQUEST LETTER FOR ADVANCE PAYMENT TOWARDS IMPORT

1. REQUEST LETTER TO BE SIGNED BY AUTHORISED SIGNATORY OF THE COMPANY 1. ENSURE THAT ALL COLUMNS ARE FILLED IN THE REQUEST LETTER 1. DECLARATION CUM UNDERTAKING IS REQUIRED UNDER SEC.10(5), CHAPTER III OF FEMA 1999), MENTIONED IN THE REQUEST LETTER. 1. FORM A1 TO BE DULY FILLED IN AND SIGNED BY THE AUTHORISED SIGNATORY OF THE COMPANY 1. PROFORMA INVOICE ISSUED BY THE SUPPLIER SHOULD ASK FOR ADVANCE PAYMENT. 1. ADVANCE PAYMENT OF USD 100,000 AND ABOVE CAN BE MADE ONLY AGAINST BANK GUARANTEE OF A FIRST CLASS BANK ACCEPTABLE TO ICICI BANK. 1. WHEREEVER THE COMMODITY TO BE IMPORTED IS COVERED UNDER NEGATIVE LIST, ORIGINAL IMPORT LICENCE TO BE PRODUCED TO THE BANK

1. EXCHANGE CONTROL COPY OF THE BILL OF ENTRY SHOULD BE SIGNED ON THE REVERSE BY THE AUTHORISED SIGNATORY OF THE COMPANY AND SHOULD BE SUBMITTED WITHIN 15 DAYS FROM THE DATE OF ACTUAL PHYSICAL IMPORT.

1. UNDER FEMA 1999, ACTUAL IMPORT SHOULD TAKE PLACE WITHIN 3 / 12

MONTHS ( RAW MATERIALS / CAPITAL GOODS RESPECTIVELY) FROM THE DATE OF REMITTANCE . 1. ON SUBMISSION OF DULY COMPLETED REQUEST LETTER ALONG WITH ENCLOSURES, PLEASE OBTAIN THE TRACKING REFERENCE No. FROM THE BRANCH WHICH SHOULD BE QUOTED FOR ANY FURTHER QUERY / CORRESPONDENCE ON THIS REMITTANCE

B26 Hudco housing Unit, Near P.S.G.Hospital, Peelamedu, Coimbatore 641004 Tamil Nadu Mob no 9486161827 Phone/ Telefax 0422 2449009