How does a company with less than $500K of sales back trades of urea worth apparently $7.5 million? And they had shipments of leather and girls clothing about a year ago, which proves... um... what does it prove?
Best case I see for URO at this point is that it turns out you can buy 1 ton of urea with 1 URO... only to find that shipping of the urea will cost you $300 per ton and it's not part of the contract. LOL
But is this saying they do less than $500k sales as a company
or just less than $500k with this particular bank? Big difference.
I think though someone who was invited at the behest of the Fijian government probably does alot more than half a million in sales.
what bank?
You posted that damn link.
"DEALERS WITH TOTAL SALES LESS THAN RS. 3.00 CRORE, HAVING INTER-STATE SALES, SALES IN THE COURSE OF EXPORT/ IMPORT OR
RECEIPT OF CTP"
It's not a bank, but it might well be total sales which fall under the jurisdiction of West Bengal to tax. In fact, that seems quite likely.