there are no privileges for the star export house
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On being recognised as a star export house, the exporter enjoys various benefits and privileges as under: Authorisation and customs clearance for both imports and exports may be allowed on self-declaration basis.But later there is no privileges ..
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The statement is not true, there are many privileges for the star export house
- Any applicant with a valid export-import code (IEC) can have a star export house certificate.
- The benefits are 100% exemption from providing a bank guarantee
- Those with 2 stars and above can establish warehouses for export.
- They get the eligibility to carry out the export of free-of-cost samples.
- They can self-certify their goods.
- The cardholders have a preference for getting loans from the government
- Those with three stars and above can be directly access authorized economic operator benefits.
- #SPJ2
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