Star Export House Registration

Star Export House Registration

Indian Exporter who in international trade and achieved certain amount of export turnover in two out of three financial years is start export house. Exporter need to apply to DGFT for star export house registration status certification for which he need to have documents and IEC. After reorganization of export house exporter is eligible for certain number of benefits and privileges as under

Category FOB / FOR (as converted value) during the preceding two licensing years + current year in US$ million
One Star Export House 3
Two Star Export House 25
Three Star Export House 100
Four Star Export House 500
Five Star Export House 2000

Star Export House Status Holders Benefits

Authorization and Customs Clearances for both imports and exports may be granted on self-declaration basis Input-Output norms may be fixed on priority within 60 days by the Norms Committee Exemption from furnishing of Bank Guarantee for Schemes under FTP, unless specified otherwise anywhere in FTP or HBP Exemption from compulsory negotiation of documents through banks. Remittance / receipts, however, would be received through banking channels Two star and above Export houses shall be permitted to establish Export Warehouses as per Department of Revenue guidelines Three Star and above Export House shall be entitled to get benefit of Accredited Clients Programme (ACP) as per the guidelines of CBEC (website: http://cbec.gov.in) The status holders would be entitled to preferential treatment and priority in handling of their consignments by the concerned agencies, Custom etc. Manufacturers who are also status holders (Three Star/Four Star/Five Star) will be enabled to self-certify their manufactured goods (as per their IEM/IL/LOI) as originating from India with a view to qualify for preferential treatment under different preferential trading agreements (PTA), Free Trade Agreements (FTAs), Comprehensive Economic Cooperation Agreements (CECA) and Comprehensive Economic Partnership Agreements (CEPA). Subsequently, the scheme may be extended to remaining Status Holders Manufacturer exporters who are also Status Holders shall be eligible for non- preferential self certification for their qualified goods as originating from India Status holders shall be entitled to export freely exportable items on free of cost basis for export promotion subject to an annual limit of Rs 10 lakh or 2% of average annual export realization during preceding three licencing years whichever is lower Status holders falling in the category of Three Star, Four Star or Five Star export house category may upload scanned copies of tracking report from the goods carrier (Shipping Line/Airline etc. or his accredited agent in India) duly certified by them, evidencing arrival of export cargo to destination market

What We Offer

Personal Consulting

Legal Documents

Filling of Star Export

CA Certificate

Approval of star export

Let's Apply for Export House Benefit

 
     
165639 Times Visited