Trading House status conversion allowed for exporters meeting revised notification criteria, with application and entitlement to adjusted SIL. Exporters recognised or renewed for the period commencing 1.4.97 who satisfy the revised criteria of Notification No.19/1997-2002 may be granted Trading House/Star Trading House/Super Star Trading House status upon application to DGFT HQ using Appendix 19 with prescribed documents and the original status certificate. They retain the NFE/FOB option and endorsement for the relevant licensing year as earlier exercised, and are entitled to SIL equal to the difference between the CIF value eligible under the new certificate and the CIF value of SIL already issued under the earlier certificate.
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Provisions expressly mentioned in the judgment/order text.
Trading House status conversion allowed for exporters meeting revised notification criteria, with application and entitlement to adjusted SIL.
Exporters recognised or renewed for the period commencing 1.4.97 who satisfy the revised criteria of Notification No.19/1997-2002 may be granted Trading House/Star Trading House/Super Star Trading House status upon application to DGFT HQ using Appendix 19 with prescribed documents and the original status certificate. They retain the NFE/FOB option and endorsement for the relevant licensing year as earlier exercised, and are entitled to SIL equal to the difference between the CIF value eligible under the new certificate and the CIF value of SIL already issued under the earlier certificate.
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