Am I eligible for BG exemptions as per board circular 58/2004 cbic?

[Dinesh kumar]

I have taken advance license on my company  IEC number and add Co - license( other IEC) which have star export house certificate. 

can I take benefit of star export house for BG exemption as per 58/2004 CBIC? 

If not then what is the purpose of adding co- license in my advance license? 

can I add co - licensee in EPCG license? 

AI Summary

CBIC Notification 58/2004: BG exemption limited to authorization holder whose own IEC and Export House status qualify, not co-licensee Under CBIC Notification 58/2004, bank guarantee exemption for Advance Authorization/EPCG is available only to the authorization holder whose own IEC qualifies as a manufacturer-exporter with valid Export House (or higher) status and clean track record; a co-licensee's Star Export House status cannot be used to obtain BG exemption for the primary licensee. Co-licensees may be added to Advance/EPCG licenses to facilitate manufacturing, job work or shared discharge of obligations but do not confer export-house privileges. An alternative GST-based eligibility (large GST cash payment threshold) was suggested, but the enquirer did not meet that threshold.