Comprehensive Guide to Status Holder Exporters and Their Benefits
- Posted by tardefinancementor.com
- Categories Blog
- Date 26 January 2025
- Comments 1 comment
The Status Holder Certificate is an essential recognition for exporters who have demonstrated outstanding performance in international trade. This certification, issued under the Foreign Trade Policy, offers numerous benefits and privileges to businesses that meet the eligibility criteria.
Key Highlights of Status Holder Certificate
What is a Status Holder Certificate?
Status Holders are exporters recognized for their contribution to foreign trade and their role in guiding new entrepreneurs.
Read MoreEligibility Criteria
Exporters with a valid Import-Export Code (IEC) and meeting export performance requirements over a specified period are eligible.
Read MoreBenefits of Being a Status Holder
Holders enjoy various privileges under the Foreign Trade Policy, including simplified compliance and procedural ease.
Read MorePrerequisites for Application
To apply, businesses must ensure their IEC is active, have a registered Digital Signature Certificate (DSC), and provide accurate export/import data.
Read MoreTypes of Status Holder Categories
Exporters are classified based on their export performance:One Star Export House: USD 3 million
Two Star Export House: USD 25 million
Three Star Export House: USD 100 million
Four Star Export House: USD 500 million
Five Star Export House: USD 2000 million
Read More
Application Process
Steps to apply for a Status Holder Certificate through the DGFT portal, including document requirements and fee details.
Read MoreCommon Issues and Solutions
Facing issues with the application process? Learn about common errors and how to resolve them.
Read MoreValidity and Renewal
The certificate is valid for 5 years or until the Foreign Trade Policy’s expiry, with no extension option available. A fresh application must be submitted upon expiry.
Read MoreLooking for more information?
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1 Comment
The Exporters’ Gold Card Scheme is a great initiative to support India’s export community. It provides easier access to finance for consistent exporters, which is crucial for growth. ISO 20022 ensures fast and transparent communication in trade finance, making processes more efficient. Insurance in international trade, especially under Letters of Credit, is essential to protect goods. How does the Gold Card Scheme specifically benefit small and medium-sized exporters? Given the growing economic instability due to the events in the Middle East, many businesses are looking for guaranteed fast and secure payment solutions. Recently, I came across LiberSave (LS) — they promise instant bank transfers with no chargebacks or card verification. It says integration takes 5 minutes and is already being tested in Israel and the UAE. Has anyone actually checked how this works in crisis conditions?