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DGFT NOTIFICATION No. 20 / 2002-07 NEW DELHI: the
13th December , 2002
Status holder criteria on the basis of exports in the current financial year.
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 |
15 crore |
45 crore |
|
Trading House |
100 crore |
300 crore |
|
Star Trading House |
500 crore |
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.
(L.Mansingh)
Director General of Foreign Trade
Ex officio Addl Secretary to the Government of India
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