3. • Export House is defined as a
registered exporter holding a
valid Export House Certificate
issued by the Director general of
Foreign Trade in India.
4. OBJECTIVES OF EXPORT HOUSE
To make available supplies of essential commodities to
consumers at reasonable prices on a regular basis.
To ensure a fair price of the produce to the farmers so that
there may be an adequate incentive to increase production.
To minimize Price fluctuations.
To arrange for supply of fertilizers and insecticides.
To undertake the procurement and maintenance of buffer
stock and their distribution whenever and wherever
necessary.
To arrange for storage, transportation, packaging and
processing.
6. TYPES
Export House- The Foreign Trade Policy encourages
Small Scales Industries / Tiny Sectors / Cottage Sectors
/ ISO units and many more categories of exporters by
giving double weightage while determining the
eligibility criteria.
Trading House-A trading house is an exporter,
importer and also a trader that purchases and sells
products for other businesses. Trading houses provide
a service for businesses.
Star Trading House- Manufacturing companies
or industrial houses with annual turnover of 300
cr. – 1000 cr. Shall be recongnised as star trading
house or Super star trading house.
7. LEVEL OF EXPORT PERFORMANCE
FOR RECONGNITION
EXPORT HOUSE---- 15 Cr.
TRADING HOUSE---75 Cr.
STAR TRADING HOUSE---375 Cr.
SUPER STAR TRADING HOUSE---1125 Cr.
8. Terms & Conditions
Certificate shall be valid for a period of 3 years starting
from 1st April of the licensing year ,unless otherwise
specified.
On the expiry of such certificate, application for
renewal of status certificate shall be required to be
made within a period of six months.
During the said period, the status holders shall be
eligible to claim the usual facilities and benefits.
11. Conclusion
Export houses better take care of the buyers
specifications and provide them good quality
products.
Exporters should invest in technological tools, and
come at par to compete with their foreign competitors.
Export trading houses export large volumes of
products from many sources of lower unit costs
through established networks of overseas offices.