Export House Certification DGFT Consultancy Services India | YKG Global
Export House Registration is a pivotal process for businesses seeking recognition under the DGFT Star Export House Certification program. YKG Global offers top-notch Export Consultancy Services, guiding exporters through the Export House Certificate DGFT registration. Our services encompass exporters of goods, services, and technology, ensuring compliance with eligibility based on export performance across financial years.
What is an Export House Certificate?
The Star Export House Certificate is an export promotion scheme under the Foreign Trade Policy, awarded to exporters who demonstrate exceptional export performance. This certification is granted to business leaders involved in international trade, contributing significantly to the country’s foreign trade. The registrations apply to exporters of goods, services, and technology.
How to Become an Export House Status Holder?
To become a Status Holder, an exporter must meet the required export performance criteria. The eligibility is based on the FOB/FOR value of export earnings in the current and previous financial years. Once the exporter achieves the minimum performance threshold limit, they can apply for the Status Holder Certificate according to their eligible class, which categorizes the business based on export performance over the past financial years.
For example:
- One Star Export House: Minimum export value of USD 3 million
- Two-Star Export House: Minimum export value of USD 25 million
- Three-Star Export House: Minimum export value of USD 100 million
- Four-Star Export House: Minimum export value of USD 500 million
- Five-Star Export House: Minimum export value of USD 2000 million
Benefits of Export House Status
- Faster Customs Clearance: Self-declaration for imports and exports without the need for regular authorization.
- Bank Guarantee Exemption: For various schemes under the Foreign Trade Promotion, unless specified otherwise.
- Priority Processing: Input-output norms and other customs procedures are fast-tracked.
- Preferential Treatment: Status Holders receive priority in handling consignments by concerned agencies.
- Accredited Clients Programme: Three-Star and above Status Holders benefit from customs perks through this program.
- Exemption from Bank Negotiation: Documents for exports do not require compulsory bank negotiation.
- Double Weightage Eligibility: For businesses aiming for the One-Star Export House category, double weightage is awarded under the following conditions:
- If your business holds an MSME/SSI certificate.
- If your manufacturing units follow ISO/BIS standards.
- If your units are located in Sikkim, Jammu & Kashmir, or northeastern states.
- If your business operates in an Agri Export Zone.
Eligibility Criteria
To qualify as a Status Holder, exporters must:
- Possess a valid Import-Export Code (IEC).
- Demonstrate consistent export performance across at least two of the past four financial years.
- Comply with sector-specific requirements, such as reduced performance criteria for the Gems & Jewellery sector.
Documents Required
- Certificate of Foreign Exchange Earned for services
- Certificate of export value
- Valid IEC
- Other necessary trade documentation
How YKG Global Can Assist You?
YKG Global provides expert guidance and takes care of the entire Export House Certification process.
- Eligibility Assessment: Our experts evaluate your export performance over the past 3 years against the established benchmarks.
- Application Preparation: We prepare the documents and apply to the relevant authorities on your behalf.
- Regulatory Compliance: We assist with DGFT regulations and ensure your compliance at every step.
- Maximizing Benefits: We help you leverage the advantages that come with Export House status, such as faster customs clearance and export incentives.
- Ongoing Support: After certification, we continue to assist and keep you updated on any new regulations.
Choose YKG Global for seamless Export House Registration and expert DGFT certification services, supported by 40+ years of expertise and a dedicated team of 50+ Foreign Trade Export Consultants across key locations like Mumbai, Pune, Delhi, Chennai, and Hyderabad.
