Status Category issue

[Kishan Barai]

Once a person gets a Status Category on completion of terms and condition based on Exports, can it be taken back if performance dips ??

[YAGAY andSUN]

No, since it valid for 5 years or till the time of existing FTP shall remain in force.

[Kishan Barai]

Thank You Very Much for reply.

AI Summary

Status Category Validity: Cannot Be Revoked for Performance Dips During Five-Year Term or Current FTP Period. A user inquired about whether a Status Category granted based on export performance can be revoked if performance declines. One respondent clarified that the Status Category remains valid for five years or until the current Foreign Trade Policy (FTP) is in effect, implying it cannot be revoked due to performance dips within that period. The original inquirer expressed gratitude for the response.