(a) Manufacturing companies or Industrial houses with an annual manufacturing turnover of Rs 300 crores and Rs 1000 crores in the preceding licencing year shall be recognized as Star Trading House and Super Star Trading House respectively on signing a Memorandum of Understanding in the prescribed form for achieving physical exports as currently prescribed for these categories over a period of one year or the next three years as the case may be. Similarly, companies/ project exporters, domestic service providers with annual turnover of Rs 100 crores or more in the preceding licencing year shall be recognized as Export House and International Service Export House respectively on signing a memorandum of Understanding , in the prescribed form, for achieving physical exports as currently prescribed for this category over a period of one year or the next three years as the case may be.

(Above (a) has been amended vide Ntf. No. 45(RE-01), Dt. 18/01/2002.)

[OLD
(a) Manufacturing companies or Industrial houses with an annual manufacturing turnover of Rs.300 crores and Rs.1,000 crores in the preceding licensing year shall be recognised as Star Trading House and Super Star Trading House respectively on signing a Memorandum of Understanding in the prescribed form for achieving physical exports as currently prescribed for these categories over a period of next three years. Similarly, companies/project exporters, domestic service providers with annual turnover of Rs.100 crores or more in the preceding licensing year shall be recognised as Export House and International Service Export House respectively on signing a Memorandum of Understanding, in the prescribed form, for achieving physical exports as currently prescribed for this category over a period of next three years. ]

(b) Service providers shall be entitled to recognition as Service Export House, International Service Export House, International Star Service Export House, International Super Star Service Export House on earning free foreign exchange as given in paragraph 15.7 of the Policy.