Star export housing

CHETANA’S INSTITUTE OF MANAGEMENT STUDIES

Subject: Export Import Procedure and documentation

Topic: Star Housing Export

Std.: SYBMS / B

SUBMITTED TO: PROF. BHAVESH VAITY

Name Roll No.

Priyanka Patil 2233

Content

Merchant as well as Manufacturer Exporters, Service Providers, Export Oriented Units (EOUs) and Units located in Special Economic Zones (SEZs), Agri Export Zone (AEZ’s), Electronic Hardware Technology Parks (EHTPs) shall be eligible for applying for status as Star Export Houses.

Star Export House

Status Category Category Performance (in

rupees)

One Star Export House 15 crore Two Star Export House 100 croreThree Star Export House 500 croreFour Star Export House 1500

croreFive Star Export House 5000

crore

Units in Small Scale Industry hand knotted or silk carpets, exporters exporting to countries in Latin America, units having ISO 9000 (series)/ ISO 14000 (series) and above status granted by agencies listed in Appendix-28A, exports of services and exports of agro products shall be entitled for double weight age of exports made for grant of Star Export House status.

Cont…

Privileges

Exports on self-declaration basis

Fixation of Input-Output normsExemption from compulsory negotiation of documents through banks

100% retention of foreign exchangeEnhancement in normal repatriation

ObjectiveTo building marketing infrastructure and expertise required for export promotion

Criterion for RecognitionThe eligibility criterion for

such recognition shall be on the basis of the FOB/value of export of goods and services, including software exports made directly, as well as on the basis of services rendered by the service provider during the preceding three licensing years or the preceding licensing year, at the option of the exporter.

Recognition for State CorporationsWith a view to encouraging participation of

State Governments and Union Territories in export promotion, one State corporation nominated by the respective State Government/Union Territory may be recognized as an Export House, even though the criterion for such recognition is not fulfilled by it.

Golden Status CertificateExporters who have attained Export House,

Trading House, Star Export Houses and Super Star Trading Houses status for three terms or more and continue to export shall be eligible for golden status certificate .

Validity PeriodApplication for renewal of status certificate

shall be required to be made within a period as prescribed in the Handbook (Vol.1). During the said period, the star export house shall be eligible to claim the usual facilities and benefits.

ThankYou