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Export House
The objective of the scheme is to recognise established exporters as Export House, Trading House, Star Trading House and Super Star Trading House with a view to building marketing infrastructure and expertise required for export promotion.

Such Houses should operate as highly professional and dynamic institutions and act as important instruments of export growth.



Merchant as well as Manufacturer Exporters, Service Providers, Export Oriented Units (EOUs) and Units located in Special Economic Zones (SEZs), Agri Export Zone (AEZs), Electronic Hardware Technology Parks (EHTPs), Software Technology Parks (STPs) and Bio Technology Parks (BTPs) shall be eligible for status.

Applicant shall be categorized depending on his total FOB (FOR - for deemed exports) export performance during current plus previous three years (taken together) upon exceeding limit below. For Export House (EH) Status, export performance is necessary in at least two out of four years (i.e., current plus previous three years).

Category Performance

(Rupees in crore)

Export House (EH)

20

Star Export House (SEH)

100

Trading House (TH)

500

Star Trading House (STH)

2500

Premier Trading House (PTH)

10000

 
A Status Holder shall be eligible for the following facilities :

Exemption from furnishing of Bank Guarantee in Schemes under Foreign Trade Policy
Status Holders of specified sectors are eligible for additional duty credit @ 1% of FOB value of exports from   01.04.09 - 31.03.10.
Status Holders of Agricultural Sector are eligible for Agricultural Infrastructure Incentive Scrip - additional duty credit @ 10% (incl. V.K.G.U.Y benefits) of FOB value of exports from 01.04.09 - 31.03.10.
Fixation of Input-Output norms on priority within 60 days.
100% retention of foreign exchange in EEFC account
Authorization and Customs Clearances for both imports and exports on self-declaration basis
SEHs and above are permitted to establish Export Warehouses, as per DoR guidelines.
For status holders, a decision on conferring of ACP Status is communicated by Customs within 30 days from receipt of application with Customs.
Premier Trading House (PTH) have the option of taking arithmetic mean of export performance in last 5 years, instead of 3 years as the average level of exports under EPCG Scheme.
Exemption from compulsory negotiation of documents through banks. Target Plus Incentive previously available to Status Holders stands abolished for exports from 01.04.2006.
Mob : +91-9022060498 E-mail : info@legalbabu.com
 
 
 
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