Status holder certification

Overview

The main objective of India’s foreign trade policies is to simplify the import-export process and make it more attractive for traders. Among the various export promotion schemes, the Status Holder Certificate stands out as a vital tool for boosting export performance. Our consultancy specializes in assisting businesses to secure this prestigious certification, which not only recognizes exporters for their contributions but also provides a range of benefits designed to enhance their global trade operations.

Eligibility Criteria

To be recognized as a “Status Holder Exporter,” certain criteria must be met:

  1. Import – Export Code (IEC): The applicant must hold a valid IEC.

  2. Export Performance: Status holder recognition is based on achieving specific levels of export performance, with categories ranging from One Star Export House to Five Star Export House, based on FOB/FOR values of $3 million, $15 million, $50 million, $200 million, and $800 million respectively.

Categories and Double Weightage Concept

Our experts guide clients through the eligibility process, including the potential to secure a One Star Export House Certificate through double weightage benefits. This benefit applies to exporters meeting specific criteria, such as MSMEs, ISO/BIS-compliant manufacturing units, and businesses in special economic zones. We help identify and leverage these opportunities to maximize your export performance ratings.

Benefits of Status Holder Certification

We ensure our clients take full advantage of the numerous privileges offered under the Status Holder Certification:

  • Standard Input-Output Norms (SION): Norms under Advance Authorization/EPCG License are prioritized within two months.

  • Exemption from Bank Guarantee (BG): Status Holders enjoy a 100% exemption from BG under the Advance/EPCG Scheme.

  • Export Warehouses: Assistance in establishing Export Warehouses for Two Star and above status holders as per DoR guidelines.

  • Export of Free-of-Cost Samples: Facilitation of exporting freely exportable items for promotional purposes, within specified limits.

  • Self Certification: We enable Three Star and above Manufacturer Exporters to self-certify goods for preferential treatment under various trade agreements.

  • Ease in Documentation: Guidance on exemptions from compulsory bank negotiations and priority handling of consignments.

  • Authorized Economic Operator (AEO) Benefits: Direct entitlement to AEO Benefits for Three Star and above status holders.

  • Financial Assistance: Access to various government schemes and loans, tailored to support your export growth.

Validity and Renewal of Status Holder Certificate

Our team ensures that your Status Holder Certificate remains valid and up-to-date. Certificates are valid for five years, and we manage the renewal process to avoid any lapses in certification.

Application Procedure for Status Holder Certification

We provide end-to-end support throughout the application process on the DGFT Portal, from pre-requisites to final approval. Our services include:

  • Compilation and analysis of export data to assess eligibility.

  • Preparation and submission of the application, including necessary documentation.

  • Coordination with DGFT for a seamless application process, ensuring compliance with all electronic communication and submission requirements.

Maintenance and Compliance

We guide clients in maintaining proper accounts and records as required under the certification, ensuring compliance with DGFT norms and avoiding any risk of cancellation or suspension.

Cancellation, Suspension, and Renewal of Certificates

In cases where a certificate may be at risk of cancellation, our consultancy offers expert advice and representation to safeguard your status. We also manage the renewal process to ensure continuity of benefits, even if applications are submitted post-expiry.

Automatic Issuance of E-Status Holder Certificate/Star Export House Certificate (E-SHC)

Our team stays updated with the latest trade notices and IT system updates to ensure that our clients benefit from the automatic issuance of E-SHC. We manage all aspects of the process, including cases that require manual application submission.

Why Choose Us?

As leading consultants for Star Export House Certification in India, we bring deep expertise and a personalized approach to every client engagement. We ensure that your business is recognized for its export achievements and that you fully leverage the benefits of being a Status Holder.

Whether you are a small enterprise aiming for your first certification or a large exporter seeking to upgrade your status, our consultancy is your trusted partner in navigating the complexities of India’s foreign trade policies.