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🌟 Status Holder Certification Scheme – Elevate Your Export Business

The Status Holder Certification Scheme is a prestigious recognition by the Directorate General of Foreign Trade (DGFT), Ministry of Commerce & Industry, Government of India. It acknowledges exporters who have consistently demonstrated excellence in international trade, contributing significantly to the country’s foreign exchange earnings.

📈 Eligibility Criteria

Exporters of goods, services, or technology with a valid Importer Exporter Code (IEC) are eligible for status recognition based on their export performance. The criteria are as follows:

  • Export Performance: Achieve the prescribed export performance (in FOB/FOR value) during the current and previous three financial years. For the Gems & Jewellery sector, performance during the current and previous two financial years is considered.

  • Minimum Export Performance Thresholds:

    Status CategoryExport Performance (US$ million)
    One Star Export House3
    Two Star Export House25
    Three Star Export House100
    Four Star Export House500
    Five Star Export House2000

     

  • Double Weightage: Applicable for One Star Export House category if the exporter is:

    • An MSME as defined in the MSMED Act 2006.

    • A manufacturing unit with ISO/BIS certification.

    • Located in North Eastern States, Sikkim, or Jammu & Kashmir.

    • Situated in Agri Export Zones.

🏆 Privileges of Status Holders

Recognized Status Holders enjoy a range of benefits aimed at facilitating and promoting exports:

  • Self-Declaration: Authorization and customs clearances for imports and exports may be granted on self-declaration basis.

  • Priority Norms Fixation: Input-Output norms may be fixed on priority within 60 days by the Norms Committee.

  • Bank Guarantee Exemption: Exemption from furnishing of Bank Guarantee for schemes under FTP, unless specified otherwise.

  • Simplified Documentation: Exemption from compulsory negotiation of documents through banks. However, remittances/receipts must be received through banking channels.

  • Export Warehousing: Two Star and above Export Houses are permitted to establish Export Warehouses as per Department of Revenue guidelines.

  • Preferential Treatment: Status Holders are entitled to preferential treatment and priority in handling of their consignments by the concerned agencies.

  • Self-Certification: Three Star and above Status Holders (manufacturer exporters) are enabled to self-certify their manufactured goods as originating from India to qualify for preferential treatment under various trade agreements.

📅 Validity

The Status Holder Certificate is valid for a period of 5 years from the date of issuance or until the validity of the Foreign Trade Policy, whichever is earlier.

📞 Need Assistance?

Bhupendra Purohit
Proprietor – Dhruva Services
📍 Serving Clients Pan India
📧 Email: dhruvaserv@gmail.com
📞 Call/WhatsApp: +91-7405910069

We simplify the Status Holder Certification process – From Application to Recognition.

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