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Star Export Houses

Star Export Houses. Who are Eligible ? Merchant as well as Manufacturer Exporters Service Providers Export Oriented Units (EOUs) Units located in Special Economic Zones (SEZs) Agri Export Zone (AEZ’s) Electronic Hardware Technology Parks (EHTPs) Software Technology Parks (STPs) and

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Star Export Houses

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  1. Star Export Houses Who are Eligible ? Merchant as well as Manufacturer Exporters Service Providers Export Oriented Units (EOUs) Units located in Special Economic Zones (SEZs) Agri Export Zone (AEZ’s) Electronic Hardware Technology Parks (EHTPs) Software Technology Parks (STPs) and Bio Technology Parks (BTPs)

  2. Categorization on Star Export Houses On the basis of total FOB (FOR - for deemed exports) export performance during the current plus the previous three years

  3. Units having ISO 9000 (series)/ ISO 14000 (series) /WHOGMP/ HACCP/SEI CMM level-II and above status Small Scale Industry/Tiny Sector/ Cottage Sector exports of agro products exports of services double weightage on exports made for grant of Star Export House status Units registered with KVICs/ KVIBs, exporters exporting to countries in Latin America/CIS/sub- Saharan Africa Units located in North Eastern States, Sikkim and J&K Units exporting handloom/ handicrafts/hand knotted or silk carpets

  4. Categorization on Star Export Houses • Transfer of export performance from one to another is not permitted. • Exports made on re-export basis shall not be counted for the purpose of recognition. • Exports made by a subsidiary of a limited company shall be counted towards export performance of the limited company for the purpose of recognition only if the limited company has a majority share holding in the subsidiary company. • Recognition of One Star Export House status shall be considered only in case the exporter has minimum export performance of Rs. 15 Crores or more during any two years out of the current and preceding three years

  5. Privileges • Authorisation/Licence/certificate/permissions and Customs clearances for both imports and exports on self-declaration basis; • Fixation of Input-Output norms on priority within 60 days; • Exemption from compulsory negotiation of documents through banks. The remittance, however, would continue to be received through banking channels; • 100% retention of foreign exchange in EEFC account; • Enhancement in normal repatriation period from 180 days to 360 days; • Exemption from furnishing of Bank Guarantee in Schemes under this Policy. • Two Star Export Houses and above shall be permitted to establish Export Warehouses, as per the guidelines issued by Department of Revenue in this regard.

  6. Validity • All status certificates issued or renewed on or after 01.09.2004 to be valid from 1st April of the licensing year during which the application for the grant of such recognition is made upto 31st March, 2009, or otherwise stated • On the expiry of status certificate, application for grant of status shall be required to be made as a fresh application for continued recognition. • During the intervening period, the star export house shall be eligible to claim the usual privileges under Para 3.5.2.1 above, subject to furnishing of an undertaking by the applicant at the time of claiming such facilities and benefits that they are eligible for continued recognition as per current policy.

  7. Deemed Exports • “Deemed Exports” refers to those transactions in which the goods supplied do not leave the country and the payment for such supplies is received either in Indian rupees or in free foreign exchange. • The following categories of supply of goods by the main/ subcontractors shall be regarded as “Deemed Exports” provided the goods are anufactured in India: • Supply of goods to Export Oriented Units (EOUs) or Software Technology Parks (STPs) or Electronic Hardware Technology Parks (EHTPs) or Bio Technology Parks (BTP); • Supply of capital goods to holders of Authorisations under the Export Promotion Capital Goods (EPCG) scheme;

  8. Deemed Exports • Supply of goods to projects financed by multilateral or bilateral agencies/funds • Supply and installation of goods and equipment (single responsibility of turnkey contracts) to projects financed by multilateral or bilateral agencies/funds • Supply of capital goods, including in unassembled/ disassembled condition as well as plants, machinery, accessories, tools, dies and such goods which are • used for installation purposes till the stage of commercial production and spares to the extent of 10% of the FOR value to fertilizer plants; • Supply of goods to any project or purpose in respect of which the Ministry of Finance, by a notification, permits the import of such goods at zero customs • duty; • Supply of marine freight containers by 100% EOU (Domestic freight containers-manufacturers) provided the said containers are exported out of India within 6 months or such further period as permitted by the customs • Supply to projects funded by UN agencies; and

  9. Standard Input Output Norms (SION)

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