144 MDA is given to status holders in the
range of of the actual expenditure
incurred by them.
25% to 50%
O
20% to 40%
O 25% to 60%
O 40% to 75%
Answers
Answer:
Chapter 3 and paragraph 3.21 of Foreign Trade Policy 2015-20 has prescribed the following requirement to recognize an exporter as Status Holder.
(i) All exporters of goods, services and technology having an import – export code (IEC) number shall be eligible for recognition as a status holder.
(ii) Status recognition will depend on export performance.
(iii) An Applicant shall be categorized as status holder on achieving export performance during the current and previous three financial years but in case of Gem & Jewellery sector the performance during the current and previous two years.
(iv) The export performance will be counted on the basis of FOB of export earning in freely convertible foreign currencies.
(v) For deemed export, FOR value of exports in Indian Rupees shall be converted in US$ at the exchange rate notified rate notified by CBEC, as applicable on 1’st April of each Financial Year.
(vi) For granting status, export performance is necessary in at least two out of four years.