What exactly is Star Export House? It is primarily an Indian Exporter that has managed to achieve a well-defined degree of international commerce in less than five years. A well certified IE code is supposed to be procured by the companies in order to ascertain the qualities of the services. Once the code aforementioned is allotted to any of the companies, the companies enjoy a lot of privileges which are otherwise denied to the uncertified companies. Since Surgeine Healthcare has been following all the instructions laid down for the medical companies effectively, it has rightly been given the Star Export House certification.
Benefits and Privileges enjoyed by Surgeine Healthcare–
What makes the Star Export House’s Certification significant?
All the companies that have been awarded with Star Export House Certification by the Government are known to be extremely beneficial ones that have added to the economic stature of the nation. It is also worthwhile to mention here that this certification is applicable to all forms of goods, technologies as well as services that have a credible Import-Export Code.
How did Surgeine Healthcare obtain this highly deemed Certification?
Any company that has given commendable import and export performance in the existing and the previous two financial years. In order to calculate it, FOB i.e. Free On-Board value of the earnings by export has to be ensured. The value is then converted from INR to USD by CBEC (Central Board of Excise and Customs). It is calculated from the 1st date of April of all the financial years.
Different status is ascribed to different aspects of performance as per the following standard-
–1 Star Export House- USD3-USD25 Million Export Performance
-2 Star Export House- USD25-USD100 Million Export Performance
-3 Star Export House- USD100-USD500 Million Export Performance
-4 Star Export House- USD500-USD2000 Million Export Performance
-5 Star Export House- USD2000 and above Million Export Performance
Since Star Export House Status is highly aspirational for all the Indian Companies, it is indeed a matter of great pride for Surgeine Healthcare for having claimed it. It also speaks volumes about its performance and its adherence to international standards of hygiene, packages as well as manufactures.