Status of Exporter- Must read once
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EXPORT AND TRADING HOUSES 1) Eligibility for Export and Trading Houses Status= Merchant as well as Manufacturer Exporters, Service Providers, Export Oriented Units (EOUs) and Units located in Special Economic Zones (SEZs), Agri. Export Zones (AEZs), Electronic Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio-Technology Parks (BTPs) shall be eligible for recognition as a status holder.
2) Status Category= Status recognition depends upon export performance. An applicant shall be categorized as status holder upon achieving export performance indicated in table below. The export performance will be counted on the basis of FOB value of export proceeds realized during current plus previous three years (taken together).For Export House (EH) Status, export performance is necessary in at least two out of four years.
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Status Category |
Export Performance FOB / FOR Value (Rupees in Crores)* |
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Export House (EH) |
20 |
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Star Export House (SEH) |
100 |
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Trading House (TH) |
500 |
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Star Trading House (STH) |
2500 |
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Premier Trading House (PTH) |
7500 |
*FOB value of export proceeds realized during current plus previous three years (taken together).
3) Double Weightage and other conditions for Grant of Status =
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(a) Exporters in Small Scale Industry (SSI) / Tiny Sector / Cottage Sector, Units registered with KVICs / KVIBs, Units located in North Eastern States, Sikkim and Jammu & Kashmir, Units exporting handloom/handicrafts / hand knotted or silk carpets, exporters exporting to countries in Latin America / CIS / sub-Saharan Africa as listed in Appendix-9, Units having ISO 9000 (series) / ISO 14 000 (series) / WHOGMP/ HACCP / SEI CMM level-II and above status granted by agencies listed in Appendix-6 of HBP v1, exports of services and exports of agro products shall be entitled for double weightage on exports made for grant of status. Double Weightage shall be admissible to Merchant as well as Manufacturer Exporters. However, a shipment can get double weightage only once in any one of above categories.
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(b) Transfer of export performance from one to another is not permitted. Therefore disclaimer system shall not be allowed for counting of export turnover.
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(c) Exports made on re-export basis shall not be counted for recognition. |
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(d) Exports made by subsidiary of a limited company shall be counted towards export performance of limited company for recognition only if limited company has a majority share holding in subsidiary company.
4) Privileges of Export and Trading Houses Status Holders
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Export Performance Level:
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Category |
Average FOB value during the preceding three licensing years, in Crore Rupees |
FOB value during the preceding licensing year, in Crore Rupees |
Average NFE earnings made during the preceding three licensing years , in Crore Rupees |
NFE earned during the preceding licensing year, in Crore Rupees |
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EXPORT HOUSE |
15 |
22 |
12 |
18 |
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TRADING HOUSE |
75 |
112 |
62 |
90 |
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STAR TRADING HOUSE |
375 |
560 |
312 |
450 |
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SUPER STAR TRADING HOUSE |
1125 |
1680 |
937 |
1350 |
Status Certificate shall be valid for a period of three years starting from 1st April of the licensing
year during which the application for the grant of such recognition is made, unless otherwise
specified. On the expiry of such certificate, application for renewal of status certificate shall be
required to be made within a period as prescribed
1) Export House (EH)
· For Export House (EH) Status, export performance is necessary in at least two out of four years.
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2) Star Export House (SEH)
“GUIDELINES FOR APPLICANTS”
1. Two copies of the application must be submitted unless otherwise mentioned.
2. Each individual page of the application has to be signed by the applicant.
3. a. Part 1 & Part 4 has to be filled in by all applicants. In case of applications submitted electronically, no hard copies of Part 1 may be submitted. However in cases where applications are submitted otherwise, hard copy of Part 1 has to be submitted.
b. Only relevant portions of Part 2 & Part 3 need to be filled in.
4. Application must be accompanied by documents as per details given below:
IV. For Star Export House Certification
1. Self certified copy of valid RCMC.
2. Statement of exports made in the preceding three licensing years and/or current licensing year duly certified by a Chartered Accountant/Cost and Works Accountant in the format given in Appendix 26.
3. Self certified copy of the Balance Sheet filed with Income Tax Authorities for the relevant year(s).
SEHs and above shall be permitted to establish Export Warehouses, as per DoR guidelines.
2) Trading House (TH)
A business that specializes in facilitating transactions between a home country and foreign countries. A trading house is an exporter, importer and also a trader that purchases and sells products for other businesses. Trading houses provide a service for businesses that want international trade experts to receive or deliver goods or services.
A trading house serves as an intermediary. It might purchase t-shirts wholesale from China, then sell them to a retailer in the United States. The U.S. retailer would still receive wholesale pricing, but the price would be slightly higher than if the retailer purchased directly from the Chinese company. The trading house must mark up the price of the goods it sells to cover its costs and earn a profit. However, the t-shirt retailer avoids the hassles of importing. The retailer also may be able to simplify its operations by dealing with one or two trading houses to get its inventory instead of dealing directly with numerous wholesalers.
4) Star Trading House (STH)
5) Premier Trading House (PTH)Category : General | Comments : 0 | Hits : 563
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