Services Exports from India Scheme (SEIS)
Tuesday, October 25, 2016     Category : Foreign Trade Policy 2015-20

The information provided here is part of Online export import training guide

 

 Click here for latest update on Export assistance schemes in India


Also read:


Common guidelines to exporters to claim SEIS and MEIS
Who are eligible for SEIS, Services Exports from India Scheme?
Who are not eligible to claim scheme under SEIS?
List of eligible exporters for SEIS, Services Exports from India Scheme
How to utilize duty scrip issued under MEIS and SEIS?


Also read:MEIS Scheme under Foreign Trade Policy of India 2015-2020


SEIS, Service Exports from India Scheme

Foreign Trade Policy 2015-20 bHere we discuss about SEIS, Services Exports from India Scheme introduced as per Foreign Trade Policy of India 2015-2020 from 1st of April 2015 to 31st of March, 2020.

 

SEIS, Services Exports from India Scheme under Foreign Trade Policy of India 2015-20 is a modification of SEIS, Served from India Scheme under Foreign Trade Policy 2009-14.

 

When shall SEIS come in to force?

 

The SEIS Scheme shall come into force with effect from the date of notification of this Policy, i.e. the rewards under SEIS shall be admissible for exports made/services rendered on or after the date of notification of this Policy.

 

SEIS scheme is introduced under Foreign Trade Policy 2015-20 to encourage export of notified Services from India.

 

Instead of Indian Service providers the term SEIS reads as SERVICE PROVIDERS LOCATED IN INDIA.

 

The rate of SEIS scheme under Foreign Trade Policy 2015-20 is based on net foreign exchange earned on services. The reward issued as duty credit scrip, would no longer be with actual user condition and will no longer be restricted to usage for specified types of goods but be freely transferable and usable for all types of goods and services tax 3 debits on procurement of services / goods. Debits would be eligible for CENVAT credit or drawback.

 

The present rates of reward are 3% and 5%. The list of services and the rates of rewards would be reviewed after 30.9.2015.

 

Free Foreign Exchange earned through international credit cards and other instruments, as permitted by RBI shall also be taken into account for computation of value of exports under SEIS.

 

Click here for latest update on Export assistance schemes in India

 

As per Foreign Trade Policy 2015-20, SEIS is eligible to units of SEZs, Special Economic Zones.

 

Also read:

Common guidelines to exporters to claim SEIS and MEIS
Who are eligible for SEIS, Service Exports from India Scheme?
Who are not eligible to claim scheme under SEIS?
List of eligible exporters for SEIS, Service Exports from India Scheme
How to utilize duty scrip issued under MEIS and SEIS?


 

Also read:MEIS Scheme under Foreign Trade Policy of India 2015-2020

 

The above details explain about Service Exports from India Scheme (SEIS). If you would like to express your views about SEIS scheme under FTP 2015-20 you may opine below.

 

The above information is a part of Import Export course online


MEIS and SEIS under Foreign Trade Policy 2015-20

Service Exports from India Scheme (SEIS) as per Foreign Trade Policy 2015-20 (FTP 2015-20)

Service Exports from India Scheme (SEIS) under FTP 2015-20

Common Procedural features applicable to MEIS and SEIS under FTP 2015-20

Port of Registration of Scrips for MEIS and SEIS under FTP 2015-20

Procedure to upload documents by CA, CS or Cost Accountant to claim MEIS and SEIS

Validity period and Revalidation for MEIS and SEIS

Services Exports from India Scheme (SEIS)

Who are eligible for SEIS, Services Exports from India Scheme?

List of eligible service exporters to claim under SEIS, Services Exports from India Scheme



Share your thoughts about this subject SEIS scheme under Foreign Trade Policy 2015-20.

 

Also read:

How to export your product?
How to import your product?
Click here to know HS code of your product
What is the ITC code (Indian Tariff Code) of your product?
12 Major risks and solutions in Imports and Exports
Bank Pre shipment Finance to exporters

Why do carriers balance weight and volume while charging freight amount in Exports?
 
Why does Palletization require?
 
Why labeling and marking in Export business?
The term FCL. What is FCL means
The term LCL. What does LCL mean?
Tips to exporters on Documentation
How does First Appraisement system of import customs clearance procedures work?
How does Letter of Credit work?
 
How does STP units work in India?
 
How does TT (Telegraphic Transfer) work?
Transferability of Bill of Lading
Transhipment - A redefinition        
Travelers to India under import duty exemption, Frequently Asked Questions Part 2
Triangular shipment
 Types of Insurance Documents.
How does Wire transfer work in international business?
How is assessable value calculated by customs for imports?
 
How is IGM filed under high sea sale?
How many of you know the meaning of Exports and Imports in India?
How many types of imports in India. Types of bills of Entry in India




Comments

 
P.VIJAYA BHASKER REDDY Says :
Monday, May 25, 2015
Sir, What is the BRO in import documents bank process. It is required how? What is the process of BRO bank documents for import clearances
Admin Says :
Monday, May 25, 2015
Hi P.Vijaya Bhasker Reddy, Please read http://www.howtoexportimport.com/Bank-Release-Order-BRO-in-Imports-240.aspx
Kaushal Agrawal Says :
Tuesday, August 18, 2015
Dear Sir / Madam, Please let me know the list of documents for application of SEIS scheme and also confirm the DGFT formalities. Thanks & Regards Kaushal Agrawal
ESSAKI RAJ Says :
Wednesday, September 16, 2015
Sir, Could you pls tell us some of the services of MEIS SCHEME.
GIRIRAJ Says :
Sunday, September 27, 2015
MEIS PROCEDURE (HOW TO TAKE BENEFIT OF THE THIS SCROPT)
Madan Kumar YG Says :
Tuesday, December 29, 2015
Dear Sir/Madam What and all necessary documents required for SEIS License Registration. Thanks & Regards Madan
Ankit Sharma Says :
Monday, January 18, 2016
Dear Sir, In Third Country Merchant Export, is there any way where in our supplier do not get to know the final destination of cargo. Eg. If I am in India and buying cargo from South Africa and selling to Iran in that case material will move directly from South Africa to Iran. Is there any way that my Supplier in South Africa Do Not know that material will move to Iran (Final destination is Unknown to supplier). Your earliest response would be highly appreciated. Regards Ankit Sharma
R.S. KULKARNI Says :
Sunday, April 10, 2016
Dear Sir, Recently we came to know that GSP below 6000 euro is exempted. We require exemption limit for $
Dinesh Deore Says :
Saturday, August 13, 2016
Please let me know documents required for SEIS online application.
sudheer stalin Says :
Wednesday, August 17, 2016
I am Sudheer stalin. you looking nice. u have enormous knowledge in the field of exports and imports.sir i want to study abouts foreing trade which course is suits for me? plz rply me.
Krunal Kalyani Says :
Thursday, August 18, 2016
I have been closely reading all your articles and get lots of knowledge by it. Thank you so much sir for guiding us. I have one query regarding Under Chapter 3 benefits. One of my client export his product to USA under 2 different HS CODE, in 1 HS code he is entitled to claim under FPS and other falls under MLFPS in same shipment (EP COPY). My question is can he claim for both the scheme? I spoke to DGFT official at (Gujarat) they said YES as it comes under 37D so they can claim under both this scheme together as duty credit license will be issued as (FPS). Sir kindly requested to guide me the correct way to claim under chapter 3 benefits.
Sarvin Warden Says :
Tuesday, December 27, 2016
I would like to consult an SEIS expert. Does anyone have a contact?
 

Discussion Forum


You can also share your thoughts about this article.
Any one can answer on question posted by Readers



  Your Name - required  
  Email ID will not be published - Required  
   
(Enter above code)  


 

   
Track Your Air Shipment Here 
Track Your Sea Shipment Here 
   
   
   
   
   
 
Most Recent Articles
» Help for GST Migration, a simple demo from cbec
» More Information about Migration to GST for existing tax payers in India
» PAN,Provisional ID, Migration to GST; Guidelines to existing tax payers
» Legal provisions on Migration of existing tax payers to GST
» Information to Tax payers on Migration to GST
» Migration procedures to GST, guidelines to dept officers
» GST Invoice format
» GST Invoice in India
» How to prepare GST tax Invoice?
» GST Invoice for Export purpose
  Import  |
  Export  |
  For Beginners  |
  Track Your Shipment  |
  Abbreviations  |
  Inco Terms  |
  Export India  |
  Import India  |
  Import US  |
  Export Import Terms  |
  Export incentives and benefits  |
  FAQ  |
  Bill of Lading  |
  Foreign Trade Policy 2015-20  |
  Start your own Export Import Business  |
  HS code  |
  Indian Budget 2014-15  |
  Banking (India)  |
  India Trade Classification (ITC)  |
  How to Import  |
  Containers  |
  Indian Budget 2015-16  |
  Income Tax  |
  Forms  |
  How to export  |
  Foreign Trade Policy 2014-19  |
  Freight forwarding Terms  |
  Business Terms  |
  Terms in Banking  |
  Shipping Terms  |
  Import Terms  |
  Export Terms  |
  Customs Terms  |
  Excise Terms  |
  International Business Terms  |
  Notifications  |
  GST  |
  SVB  |
  Indian Budget 2016-17  |
  Income Tax 2016-17  |
  HS Codes  |
  GST Law  |
  GST,FAQ  |
  HSN Codes for GST  |
  SAC for GST  |
  Me  |  Privacy policy  |  Terms and conditions  
Designed and Hosted by Adsin Media