3.2.2

Application for grant of Status Certificate

(a) All newly issued Status Certificates shall be valid from 1st April of the year during which application for recognition was filed.

(b) For renewals: In case application for renewal of status certificate is filed before expiry of current validity, the status certificate shall have a validity commencing from 1st April of next licensing year; otherwise validity of recognition shall commence from 1st April of year during which application was filed.

(c) All Status Certificates shall be valid for a period of 5 years reckoned from 1st April of the year in which the certificate was issued. Status Certificates valid beyond 31.3.2014 shall continue to remain in force, in case provisions of Foreign Trade Policy (2014-19) continue to recognize the status.

(d) Existing Status Holders who have applied for recognition before expiry of their status, shall have a grace period of 6 months, pending finalization of application for grant of recognition. During this 6 months grace period, such Status Holders will continue to be recognized as Status Holders even after the expiry of earlier Status Certificate i.e. till September end, unless their applications are rejected or status recognition granted once again, as the case may be.