The Export House Certificate, or the Status Holder Certificate, is highly valued and an official document provided by the Government of India to exporters who have positively attributed to the export market and growth of the country. This certification not only recognizes their excellent performance but also offers a range of incentives aimed at increasing exporters’ efficiency in the global market. These advantages include fast clearance of goods at the customs, privileged access to programs of export-import activities, and easier formation of new enterprises. Here in this guide, readers will get a complete and detailed understanding of the Export House Certificate along with the eligibility criteria, how to apply, the advantages, and a few plausible concerns for the exporters in Bihar related to this certificate.
Table of Content
The Export House Certificate is one of the prestigious certificates issued by the directorate general of foreign trade of India to exporters for their valuable contribution in the foreign trade of the country. Normally known as a Status Holder Certificate, it is issued depending on the exporter’s record of stability within the worldwide trading system. Export houses are classified in terms of export turnover, categorized in order: one star, two stars, three stars, four stars, and five stars. This certificate includes many privileges that will enable importers to avail priority customs clearance, some special immunities related to bank guarantees, and some export schemes that are funded by the government. It improves the standing of the exporter, productivity, and competitiveness in the international market, making it a valuable tool of trade.
The Export House Certificate offers numerous benefits to exporters, enhancing their global competitiveness and operational efficiency. Key benefits include:
The procedure for obtaining an Export House Certificate in Bihar has become more efficient with the help of an online system introduced by the DGFT. Here’s how to apply:
Open the website of DGFT, and then enter your user ID and password to log in into the exporter login.
Select "Start fresh application" to initiate the process.
You are asked to input some of your data in the fields that are already filled in automatically depending on your IEC profile, thus minimizing the data input time.
Select your sector of export and the category that you are visiting for.
Attach necessary documents, such as:
You need to agree to the terms and conditions of the application, e-sign the application using an Aadhar card ID or digital token, and send the application online.
The following documents are required for obtaining an Export House Certificate:
There is no application fee for acquiring an Export House Certificate. Yet, there are some costs you may have to meet, including the cost of preparing the documents, attorney fees, and other administrative expenses.
Note:- Professional fees for the Export House Certificate is ₹5,000 only with Professional Utilities.
The Export House Certificate or the Status Holder Certificate is as valid as 5 years from the date of grant or till the Foreign Trade Policy is valid. The certificate cannot be renewed, but a new certificate can be applied for.
Conclusion
The Export House Certificate, or Status Holder Certificate, is an honour received from the Directorate General of Foreign Trade that is given to exporters on the basis of their performance in contributing to India’s foreign trade. This certificate helps to increase exporters’ reliability and performance by providing advantages such as forward management of customs clearance, exclusion of bank guarantees for export contracts, access to government export stimulation measures, including EPCG, and declaring product quality all by themselves. The exporters of Bihar can apply an effective procedure on the website of DGFT only when submitting the necessary documents. The certification is valid for five years, and it increases the level of competition for the company’s products in the global markets and helps in business expansion internationally.
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Frequently Asked Questions
No, there is no application fee required for the export house certificate. However, there can be preparation of documents, the attorney’s charges, stamp duties, and other working expenses.
Key benefits include customs clearance, free from bank guarantees, and other export promotion measures such as advance Authorisation and EPCG and processes like self-certification on goods and products and higher confidence amongst international buyers.
To apply, log in through an online application on the DGFT portal, upload necessary documents, select the category, sign digitally, and accept conditions to submit the application electronically.
Documents needed include a self-attested copy of the IEC along with the PAN card, the Registration Cum Membership Certificate issued by Export Promotion Council, a certificate from a Chartered Accountant, and export performance.
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