Updated on February 28, 2025 06:06:54 PM
The Export House Certificate, also recognized as the Status Holder Certificate, is the highest level of honour conferred by the Government of India on exporters in recognition of their contribution in exports, which can be measured qualitatively or quantitatively. It does not only recognize their accomplishments but also a number of advantages designed to improve their position as well as productivity in the global arena. When granted, exposure to special privileges includes early clearance on customs, no requirement of bank deposit, and qualification into some schemes by the government. This guide covers the main areas that may be of benefit to exporters in Lakshadweep, specifically the Export House Certificate, its requirements and procedure for acquiring, as well as some of the benefits associated with acquiring the same.
The Export House Certificate is one of the prestigious certificates issued by the directorate general of foreign trade of India to exporters for their valuable contribution in the foreign trade of the country. Normally known as a Status Holder Certificate, it is issued depending on the exporter’s record of stability within the worldwide trading system. Export houses are classified in terms of export turnover, categorized in order: one star, two stars, three stars, four stars, and five stars. This certificate includes many privileges that will enable importers to avail priority customs clearance, some special immunities related to bank guarantees, and some export schemes that are funded by the government. It improves the standing of the exporter, productivity, and competitiveness in the international market, making it a valuable tool of trade.
The Export House Certificate offers numerous benefits to exporters, enhancing their global competitiveness and operational efficiency. Key benefits include:
The procedure for obtaining an Export House Certificate in Lakshadweep has become more efficient with the help of an online system introduced by the DGFT. Here’s how to apply:
Open the website of DGFT, and then enter your user ID and password to log in into the exporter login.
Select "Start fresh application" to initiate the process.
You are asked to input some of your data in the fields that are already filled in automatically depending on your IEC profile, thus minimizing the data input time.
Select your sector of export and the category that you are visiting for.
Attach necessary documents, such as:
You need to agree to the terms and conditions of the application, e-sign the application using an Aadhar card ID or digital token, and send the application online.
The following documents are required for obtaining an Export House Certificate:
There is no application fee for acquiring an Export House Certificate. Yet, there are some costs you may have to meet, including the cost of preparing the documents, attorney fees, and other administrative expenses.
Note:- Professional fees for the Export House Certificate is ₹5,000 only with Professional Utilities.
The Export House Certificate or the Status Holder Certificate is as valid as 5 years from the date of grant or till the Foreign Trade Policy is valid. The certificate cannot be renewed, but a new certificate can be applied for.
The Exporter House Certificate, also known as the Status Holder Certificate, is an honour given to exporters who have contributed greatly to the foreign trade of India. This certification offers so many, such as fast customs clearance, being exempt from paying bank guarantees, and free and open access to various government schemes such as EPCG and Advance Authorization, among others. Holders of this certificate will be able to improve their competitiveness as well as their operational efficiency in the export market of Lakshadweep. The entire process of application is quite simple, and the DGFT portal is quite user-friendly to facilitate easy online application. This certificate is valid for five years and plays a significant role in building the exporter’s reputation worldwide and exploring trade opportunities.
At Professional Utilities, we leverage our industry knowledge and expertise to help businesses navigate complex regulations, minimize risks, and optimize operations for maximum efficiency and profitability.
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The Export House Certificate or Status Holder Certificate is an accreditation given by the Director General of Foreign Trade to the exporter for their commendable performance in foreign trade of Indian goods.
Key benefits include customs clearance, free from bank guarantees, and other export promotion measures such as advance Authorisation and EPCG and processes like self-certification on goods and products and higher confidence amongst international buyers.
To apply, log in through an online application on the DGFT portal, upload necessary documents, select the category, sign digitally, and accept conditions to submit the application electronically.
Documents needed include a self-attested copy of the IEC along with the PAN card, the Registration Cum Membership Certificate issued by Export Promotion Council, a certificate from a Chartered Accountant, and export performance.
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