This recognition is granted by DGFT to recognize top performing exporter. Once granted the status is valid for five years. The certificate is given depending upon certain export performance achieved by the exporters.
Export performance is to be achieved in the current plus previous three Financial Years.
Benefits
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- Authorisation/License, import-export customs clearance is issued to status holders on the basis of self-declaration.
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- Norms fixation for import licenses may be done within 2 months on priority basis.
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- Status holders are exempted from submitting BG (Bank Guarantee) under Advance/DFIA/EPCG Schemes under FTP.
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- Compulsory negotiation exempted for export documents through banks;
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- Two-star export house certificate and above are allowed to build Warehouses as per guidelines of Revenue Department.
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- Three Star and above Export House shall get the benefit of Accredited Clients Programme (ACP) under CBEC guidelines
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- Three Star/Four Star/Five Star status holders (Manufacturer Exporters) will be enabled to self-certify their manufactured good as originating from India (Certificate of origin) to qualify for preferential treatment under following
- - Preferential trading agreements (PTA)
- - Free Trade Agreements (FTAs),
- - Comprehensive Economic Cooperation Agreements (CECA)
- - Comprehensive Economic Partnership Agreements (CEPA).
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- Status holders are permitted 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 licensing years whichever is higher.
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- There are various Government Schemes under which status holders are given access to loans easily.
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- Valid address proof that states that your business is situated in Sikkim, Jammu & Kashmir or at any other North-eastern States
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- Valid proof that your Business Units are situated in the Agri Export Zones
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- After submission of application in concern RA of DGFT file no. Shall be generated.
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- The Hard copy of all the documents is required to be submitted in DGFT
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- DGFT will review the application and issue Certificate, all the export data required to stay for two years after the issuance of certificate. Concerned RA of DGFT may ask for the documents for inspection & verification.
Our Role
- - Assessment of eligibility under the scheme.
- - Preparation of application, online filing & manual filing of application.
- - Followup with DGFT for issuance of certificate.
- - Regular guidance for availing various benefits.