Privileges

3.5.2.1

A Star Export House shall be eligible for the following facilities:

i) Licence/certificate/permissions and Customs clearances for both imports and exports on self-declaration basis;

ii) Fixation of Input-Output norms on priority within 60 days;

iii) Exemption from compulsory negotiation of documents through banks. The remittance, however, would continue to be received through banking channels;

iv) 100% retention of foreign exchange in EEFC account;

v) Enhancement in normal repatriation period from 180 days to 360 days.

vi) Entitlement for consideration under the Target Plus Scheme; and

vii) Exemption from furnishing of Bank Guarantee in Schemes under this Policy.