Confused


This query is : Resolved 

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 August 2011 is it ok for a pharmaceutical co. to deal is buying and selling of rice??

09 August 2011 if you get registered in FIEO then possible ...

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
09 August 2011 thank you sir for your reply.. i still have a few doubts in this..
1. why only FIEO??
2. just in case they are not, what should be done if they have already shown it in their sale and purchase??

09 August 2011 https://dgftcom.nic.in/exim/2000/procedures/proc05/bchap-03.htm

see para 3.12.1.1 mentioned that:-

If the export product is such that it is not covered by any EPC, RCMC in respect thereof may be issued by FIEO.

09 August 2011 from company law point of view there is some problem.

With Pharma objects a company can not sell rics with putting the same in its object clause.

plz check the object clause.

10 August 2011 i agreed with Garg Ji.

Avatar

Querist : Anonymous

Profile Image
Querist : Anonymous (Querist)
10 August 2011 ok... thank


You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now



Similar Resolved Queries


loading


Unanswered Queries



CCI Pro



Answer Query



Company
26 September 2026
Chartered Accountant

pushpganga ventures

Pune

CA

View Details
Company
05 October 2026
Senior Accountant

Vision IT Peripherals Pvt Ltd

Mumbai

B.Com

View Details
Company
22 September 2026
Account Assistant

Chirag P Shah & Co. Chartered Accountant

Pune

B.Com

View Details
Company
16 September 2026
Internal Audit - Team Lead

Consulting & Beyond

Chennai

CA

View Details
Company
20 September 2026
Semi Qualified CA

Navin & Associates

Mumbai

CA Inter

View Details
Company
ARTICLESHIP 16 September 2026
CA Article Trainee

SR BAGAI & Co.

New Delhi

CA Inter

View Details
Company
ARTICLESHIP 21 September 2026
CA Article Assistant

KK & Company Chartered Accountant

Pune

CA Inter

View Details
Company
09 September 2026
Chartered Accountant

Aviv Global Private Limited

Ahmedabad

CA

View Details