Exporters recognized as Export Houses, Star Trading House, Trading Houses, etc. are eligible for grant of Special Import Licence (SIL) @ certain percentage of their FOB value of exports/NFE. However, 2% additional SIL is granted for exports of Products manufactured by units registered as MSME, provided the exports of these products is more than 50% of the exports during the period (provisions contained in para 12.7(b) of Hand Book of Procedure 1997-2000 refers).
Eligibility condition for Small Scale Exporters for SIL
In case of small scale exporters holding ISO 9000 (Series) or IS/ISO 9000 Series of quality certification, the FOB value (excluding deemed exports) of exports for becoming eligible for Special Import Licence (SIL) @4% of the FOB value of exports is INR 3 crore and above in the preceding licensing year or on an average FOB value of INR 1 crore or above during the preceding 3 licensing years instead of the limit of INR 5 crore and INR 2 crore respectively prescribed for others (Para 11.11 (a) & (b) of Hand Book of Procedures 1997-2002 refers in this context).