Shyam is a successful exporter who has recently been awarded a Status Holder Certificate in recognition of his consistent contribution to India's foreign trade. He now plans to participate in export promotion by sending

A Status Holder shall be eligible for privileges as under: Self-Declaration: Authorisation and Customs Clearances for both imports and exports may be granted on self-declaration basis; Priority Norms Fixation: Input-Output norms may be fixed on priority within 60 days by the Norms Committee; Special scheme in respect of Input Output Norms to be notified by DGFT from time to time, for specified status holder; Bank Guarantee Exemption: Exemption from furnishing of Bank Guarantee for Schemes under FTP, unless specified otherwise anywhere in FTP or Hand Book of Procedure (HBP); Document Negotiation Exemption: Exemption from compulsory negotiation of documents through banks. Remittance/receipts, however, would be received through banking channels; Export Warehouses: Two star and above Export houses shall be permitted to establish Export Warehouses as per Department of Revenue guidelines; Preferential Treatment: The status holders would be entitled to preferential treatment and priority in handling of their consignments by the concerned agencies; Self-Certification of Origin: Manufacturers who are also status holders (Three Star/Four Star/ Five Star) will be enabled to self-certify their manufactured goods (as per their IEM/IL/LOI) as originating from India with a view to qualify for preferential treatment under different preferential trading agreements (PTA), Free Trade Agreements (FTAs), Comprehensive Economic Cooperation Agreements (CECA) and Comprehensive Economic Partnership Agreements (CEPA). Subsequently, the scheme may be extended to remaining Status Holders. Manufacturer exporters who are also Status Holders shall be eligible to self-certify their goods as originating from India as per Para 2.93 (e) of Hand Book of Procedures. Free Export of Samples: Status holders shall be entitled to export freely exportable items (excluding Gems and Jewelry, Articles of Gold and precious metals) on free of cost basis for export promotion subject to an annual limit of Rupees One Crore or 2% of average annual export realization during preceding three licensing years, whichever is lower. For export of pharma products by pharmaceutical companies, the annual limit would be 2% of the average annual export realisation during preceding three licensing years. In case of supplies of pharmaceutical products, vaccines and lifesaving drugs to health programmes of international agencies such as UN, WHO-PAHO and Government health programmes, the annual limit shall be upto 8% of the average annual export realisation during preceding three licensing years. Such free of cost supplies shall not be entitled to Duty Drawback or any other export incentive under an export promotion scheme.