Standard Input-Output Norms (SION)
These comprise norms that are fixed under the Advance Authorization/ EPCG License within 2 months, based on priority by the Norms Committee.
Exemption from the furnishing Bank Guarantee (BG)
All the status holders are completely exempted from the furnishing of the Bank Guarantee (BG) underneath the Advance Authorisation/ EPCG Scheme.
Establishment of Export Warehouse
According to the Department of Revenue (DoR) guidelines, the status holders who have two stars or above are eligible to establish Export Warehouses.
Export of free of cost samples
The status holders are entitled to freely export the eligible goods. The exports are carried out on a free-of-cost basis for encouraging exports subject to the annual limit as per the notifications. Gems, and jewelry, articles of gold, and other precious metals are excluded from this.
The status holders with three stars or above (manufacturer exporters) are eligible to self-certify their manufactured goods as originating from India under Certificate of Origin to qualify for enjoying preferential treatment under the below mentioned terms:
Preferential trading agreements (PTA),
Free Trade Agreements (FTAs),
Comprehensive Economic Cooperation Agreements (CECA)
- Comprehensive Economic Partnership Agreements (CEPA).
Ease in Documentation and Preferential treatment
Compulsory negotiation is exempted for export documents through banks and is entitled to preferential treatment and priority in the maintenance and handling of import-export consignments.
AEO (Authorized Economic Operator) Benefits
Status holders with three stars and above shall be directly entitled underneath the AEO Benefits.
There are various Government Schemes under which status holders are provided access to loans easily.