1. What is an Importer-Exporter Code (IEC) and why do I need it?
An Importer-Exporter Code (IEC) is a 10-digit code issued by the Directorate General of Foreign Trade (DGFT), Government of India. It is mandatory for any business or individual to have an IEC to engage in import or export activities. The application is filed online with basic documents like PAN, a cancelled cheque, and a digital photograph.
2. How do I become a member of Shree Growmax Agritech Farmer Producer Company Limited?
Membership is open to eligible producers, including farmers, producer groups, and institutions. Admission is voluntary and subject to approval by the Board. Members enjoy voting rights, access to services, and share in the company’s surplus as per the Articles of Association.
3. What products can be imported or exported through your company?
We deal in a wide range of agricultural and allied products, including grains, fruits, vegetables, dairy, processed foods, seeds, fertilizers, agri-machinery, and more. All products are sourced and traded in compliance with quality and regulatory standards.
4. Can Farmer Producer Companies (FPOs) export directly?
Yes, FPOs like ours can export members’ produce directly, provided we comply with the importing country’s quality standards, certifications (such as GAP), and documentation requirements.
5. What are the main documents required for export?
Key documents include the IEC, Certificate of Origin, Phytosanitary Certificate, Commercial Invoice, Packing List, Bill of Lading, and any product-specific certificates required by the destination country.
6. What are the quality standards followed for exports?
We ensure all exports meet national and international quality standards, including grading, sorting, standardization, and relevant certifications. Our team assists with compliance and documentation to guarantee smooth international trade.
7. What support do you provide for importing agricultural inputs?
We help members source quality seeds, fertilizers, machinery, and other inputs from global suppliers, ensuring compliance with Indian regulations and timely distribution to members.
8. How are profits and bonuses distributed among members?
Profits are distributed in accordance with the Articles of Association, with provisions for limited return on share capital, patronage bonuses based on participation, and surplus sharing as decided by the Board.
9. What are the main challenges in import-export for FPOs?
Common challenges include managing diverse member interests, ensuring consistent product quality and volume, accessing markets and capital, and navigating regulatory requirements. Our company provides technical, financial, and marketing support to address these issues.
10. Who can I contact for more information or support?
You can reach our team via the Contact Us page for personalised assistance regarding membership, documentation, trade inquiries, or any other business support.