The Export House Certificate, also called the Status Holder Certificate, is one of the most important certifications awarded to exporters in India for their commendable efforts to promote exports of goods made in India and for strengthening the country’s economic international exposure. Apart from recognizing the achievements of exporters, this certificate offers them advantages such as privileged access to favorable trade conditions, including simplified trade processes, tax benefits, and other measures designed to enhance exporter performance on the foreign market. In this guide, we will discuss the Export House Certificate in detail, covering the competence criterion, application procedure, advantages and some special focus in regard to the exporters of Odisha, a state that has a huge export prospect in nearly every kind of product.
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 Odisha 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 a prestigious certification given by the Government of India to the exporters for their excellent performance in the export business. They include priority customs clearance, exclusion from providing bank guarantees, participation in schemes like Advance Authorization & EPCG, along with relief regarding self-certification of product quality. The exporters in Odisha, which is a state having a great opportunity for export business, can benefit from this certification in enhancing export credibility and export competitiveness. This certificate is valid up to 5 years and can be obtained very easily on the DGFT portal through providing some documents.
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Frequently Asked Questions
The Export House Certificate or Status Holder Certificate is an accreditation given by the Director General of Foreign Trade to the exporter for their commendable performance in foreign trade of Indian goods.
It is applicable for exporters having good export performance and having a privileged place in export markets. According to export turnover, exporters are categorized from one star to five star.
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.
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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