Home » Indian Exim Policy » Exim Policy 2001-2002 » Export Houses, Trading Houses, Star Trading Houses And Superstar Trading Houses

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)/ units located in Export Processing Zones (EPZs)/ Special Economic Zone(SEZ's) /Electronic Hardware Technology Parks (EHTPs)/ Software Technology Parks (STPs) shall be eligible for such recognition.

The eligibility criterion for such recognition shall be on the basis of the FOB/NFE 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. The exports made, both in free foreign exchange and in Indian Rupees, shall be taken into account for the purpose of recognition.

The exports made by a subsidiary of a limited company shall be counted towards export performance of the limited company for the purpose of recognition. For this purpose, the company shall have the majority share holding in the subsidiary company.

The applicant is required to achieve the prescribed average export performance level subject to the condition that

1. Deemed exports and exports under paragraph 11.7 shall not be counted for export performance.
2. Deleted
3. Deleted

The level of export performance for the purpose of recognition shall be as per the table below:

For the purpose of calculation of the net foreign exchange earned on exports, the value of all the licences including the value of 2.5 times of the DEPB Credit earned/ granted and the value of duty free gold/ silver/ platinum taken from nominated agency or from foreign supplier shall be deducted from the FOB value of exports made by the person. However, EPCG licences and the value of licences surrendered during the validity of licence shall not be deducted.

For the purpose of recognition, weightage shall be given to the following categories of exports provided such exports are made in freely convertible currency:

1. Triple weightage on FOB or NFE on the export of products manufactured and exported by units in the Small Scale Industry (SSI)/Tiny sector/Cottage Sector and double weightage on FOB or NFE to merchant exporter exporting products reserved for SSI units and manufactured by units in the Small Scale Industry (SSI)/Tiny sector/Cottage Sector. The facility under this paragraph shall not be available to units exporting gems & jewellery products.
2. Triple weightage on FOB or NFE on the export of products manufactured and exported by the handlooms and handicraft sector (including handloom made silk products), hand knotted carpets, carpets made of silk and double weightage on FOB or NFE to merchant exporter exporting products manufactured by the handlooms and handicraft sector (including handloom made silk products), hand knotted carpets, carpets made of silk
3. Double weightage on FOB or NFE for project exports.
4. Double weightage on FOB or NFE on export of goods manufactured in North Eastern States.
5. Double weightage on FOB or NFE on export to such countries as listed in Appendix-33 of the Handbook (Vol.1).
6. Triple weightage on FOB or NFE on the export of products manufactured and exported by The manufacturing units registered with KVIC or KVIBs. However, such units shall not be entitled for the weightage given in sub paragraph (a) and (b) above.
7. Double weightage on FOB or NFE on exports made by units having ISO 9000(series) or IS/ISO 9000 (series) or ISO 14000 (series) or WHO GMP or HACCP or SEI-CMM Level 2 or Q mark (only for marine products) certification.
8. Double weightage on FOB or NFE on exports of bar coded products using international symbologies/ numbering system.
9. Double weightage on FOB or NFE on export of goods manufactured in Jammu and Kashmir.

With 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. This benefit shall be available only for such period and in accordance with such terms and conditions as may be specified from time to time.

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 in the Handbook (Vol.1). During the said period, the status holder shall be eligible to claim the usual facilities and benefits.

All status holders shall be entitled to such facilities as specified in Chapter-12 of the Handbook (Vol.1).

Status holders shall continue to hold the recognition accorded to them for the period for which such recognition was accorded.

Deleted

1. Manufacturing companies or Industrial houses with an annual manufacturing turnover of Rs.300 crores and Rs.1,000 crores in the preceding licensing year shall be recognised as Star Trading House and Super Star Trading House respectively on signing a Memorandum of Understanding in the prescribed form for achieving physical exports as currently prescribed for these categories over a period of next three years. Similarly, companies/project exporters, domestic service providers with annual turnover of Rs.100 crores or more in the preceding licensing year shall be recognised as Export House and International Service Export House respectively on signing a Memorandum of Understanding, in the prescribed form, for achieving physical exports as currently prescribed for this category over a period of next three years.
2. Service providers shall be entitled to recognition as Service Export House, International Service Export House, International Star Service Export House, International Super Star Service Export House on earning free foreign exchange as given in paragraph 15.7 of the Policy.

Exporters who have attained Export House, Trading House, Star Trading Houses and Super Star Trading Houses status for three terms or more and continue to export shall be eligible for golden status certificate which would enable them to enjoy the benefits of status certificate irrespective of their actual performance thereafter as per the guidelines issued in this regard from time to time.