Star Export House Benefits

Star export house is an Indian exporter who has excelled in international trade and successfully achieved certain minimum amount of export performance in two out of three financial years. To obtain star export house status, the exporter involved in export of goods or service must have a valid import export code (IE Code). On being recognised as a star export house, the exporter enjoys various benefits and privileges as under:

Authorisation and customs clearance for both imports and exports may be allowed on self-declaration basis.
Exemption from furnishing of bank guarantee for Schemes under Foreign Trade Promotion, unless specified otherwise.
Input-output norms maybe fixed on priority within 60 days by the Norms Committee.
Exemption from compulsory negotiation of documents through banks. Remittance or receipts, should however be received through banking channels.
Two star and above export houses are permitted to establish export warehouses as per Department of Revenue guidelines.
Three star and above export houses are permitted to get benefits of Accredited Clients Programme, as per the guidelines of Central Board of Excise and Customs.
Status holders would be entitled to preferential and priority treatment while handling of consignments by concerned agencies.
Status holders are eligible to export freely exportable items on free of cost basis for export promotion subject to an annual limit of Rs.10 lakhs or 2% of average annual export realisation during preceding three licensing years, whichever is higher.
Exporters involved in manufacturing would be eligible to self-certify their goods as origination from India.

Back to Learn

Frequently Asked Questions

Common questions about Star Export House Benefits for Indian Exporters.

To obtain star export house status, an exporter involved in the export of goods or services must have a valid import-export code (IE Code) and must have achieved a certain minimum export performance in two out of three financial years.

Being recognized as a star export house entitles the exporter to various benefits, such as authorization and customs clearance on self-declaration basis, exemption from furnishing bank guarantees for certain schemes, priority fixation of input-output norms, exemption from compulsory negotiation of documents through banks, and preferential and priority treatment in handling consignments.

Yes, two-star and above export houses are permitted to establish export warehouses as per the guidelines of the Department of Revenue.

The Accredited Clients Programme is a benefit offered by the Central Board of Excise and Customs. Three-star and above export houses are permitted to get the benefits of this programme as per the guidelines.

Yes, status holders are eligible to export freely exportable items on a free-of-cost basis for export promotion, subject to an annual limit of Rs.10 lakhs or 2% of average annual export realization during the preceding three licensing years, whichever is higher.

Exporters involved in manufacturing and holding star export house status would be eligible to self-certify their goods as originating from India.

For star export houses, the input-output norms are required to be fixed by the Norms Committee on a priority basis within 60 days.

Yes, star export houses are exempted from the compulsory negotiation of documents through banks, although remittances or receipts should be received through banking channels.

Having a valid import-export code (IE Code) is a prerequisite for obtaining star export house status, as it is required for an exporter to be involved in international trade.

While star export houses are exempted from compulsory negotiation of documents through banks, the article mentions that remittances or receipts should be received through banking channels.