| Date: |
13-12-2002
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| Notification No: |
DGFT Notification No 20/2002
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| Issuing Authority: |
DGFT
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| Type: |
Notification
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| File No: |
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| Subject: |
Status Holder Criteria on the basis of Exports in the Current Financial Year
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Status Holder Criteria on the basis of Exports in the Current Financial
Year
Notification
No. 20 dated 13th December 2002
In
exercise of powers conferred by Section 5 of the Foreign Trade (Development and
Regulation) Act, 1992 (No. 22 of 1992) read with paragraph 1.1 of the Export and
Import Policy, 2002-07, the Central Government hereby amends/ corrects the
Export and Import Policy, 2002-07 as under:
1)
It has been decided to permit the grant of status for attaining the
export performance level even in the current licencing year provided the export
proceeds have been realized. Para 3.7.2 is therefore amended as under:
3.7.2
the applicant is required to achieve the prescribed export performance
level:
|
Category
|
Average
FOB/ FOR value during the preceding three licencing years (in Rupees)
|
FOB/
FOR during the current licencing year (in Rupees)
|
|
Export House
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15 crore
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45 crore
|
|
Trading House
|
100 crore
|
300 crore
|
|
Star Trading House
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500 crore
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1500 crore
|
|
Super Star Trading House
|
2000 crore
|
6000 crore
|
Note:
1.
Units in Small Scale Industry/ Tiny Sector/Cottage Sector/ Units registered
with KVICs or KVIBs/ Units located in North Eastern States, Sikkim and
J&K/ Units exporting handloom, handicrafts, hand knotted carpets, silk
carpets/exporters holding golden status/ exporters exporting to countries in
Latin America and CIS/sub Saharan Africa, units having ISO 9000 (series) or
ISO 14000 (Series) or HACCP Certification or WHO-GMP or SEICMM level 2 status,
shall be entitled for export house status on achieving average FOB/ FOR value
of Rs. 5 crore during the preceding three licensing years or FOB/ FOR value of
Rs 15 crore during the current licencing year. The same threshold limit shall
be applicable to the service exporters and agri exporters (other than grains)
for obtaining Export house status.
2.
Export made on re-export basis shall not be counted for the purpose of
recognition.
3.
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.
This issues in public interest.
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