STAR EXPORT HOUSE CERTIFICATE
Export house certificate or export status holders are Indian businesses that have excelled in international trade and made a significant contribution to the country’s foreign exchange earnings. Export house status is provided to all exporters of goods, services and technology, having an import-export code (IE Code). Export house status recognition is based on the export performance of the company in each financial year (FOB / FOR value).
Obtaining Export House Certificate or Status
An exporter involved in the export of goods or services can obtain an export house certificate. An applicant would be eligible for and be categorised upon reaching certain minimum export performance in the current and previous two financial years. The calculation of Export performance is on the basis of FOB (Free on Board) value of export earnings in free foreign exchange. In case of deemed exports, it converts the FOR value of exports in Indian rupees into USD at the exchange rate by the Central Board of Excise and Customs, as applicable for 1st April of each financial year.
Export House Status Eligibility Criteria
Based on the export performance of an exporter, the status category is provided as follows:
One Star Export House: USD3 – USD25 Million Export Performance
Two Star Export House: USD25 – USD100 Million Export Performance
Three Star Export House: USD100 – USD500 Million Export Performance
Four Star Export House: USD500 – USD2000 Million Export Performance
Five Star Export House: USD2000 Million and above Export Performance
For granting export house status, export performance is necessary for at least two out of three years.DOCUMENTS REQUIRED
1. Application Form –ANF 3C
2. Submitting Hard copy of ANF3C
3. CA Certificate as per Annexure to ANF 3C.
4. Statement of Export, Certified by Chartered Accountant (CA).
5. Self-certified copy of IEC.
6. Self-certified copy of valid RCMC.
7. Self-certified copy of PAN.
8. Details of the export turnover.
So when it comes to applying for Star Export House/Status Holder Certificate we can minimize all the confusions and complicated procedures involved.
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