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

Posted on 17 April 2023 Category : Foreign Trade Policy 2015-20

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

Eligibility to claim SEIS scheme

SEIS scheme is introduced under Foreign Trade Policy 2015-20 to encourage export of notified Services from India. Who are eligible to claim SEIS scheme, Services Exports from India Scheme under Foreign Trade Policy 2015-20.

As per Foreign Trade Policy of India 2015-20, exporters’ categories of notified services are explained below:

Service Providers of notified services, located in India, shall be rewarded under SEIS, Services Exports from India Scheme subject to conditions as may be notified. Only Services rendered in the manner as per Para 9.51(i) and Para 9.51(ii) of this policy shall be eligible. The notified services and rates of rewards are listed in Appendix 3D

Such service provider should have minimum net free foreign exchange earnings of US$15,000 in preceding financial year to be eligible for Duty Credit Scrip. For Individual Service Providers and sole proprietorship, such minimum net free foreign exchange earnings criteria would be US$10,000 in preceding financial year.

Payment in Indian Rupees for service charges earned on specified services, shall be treated as receipt in deemed foreign exchange as per guidelines of Reserve Bank of India. The list of such services is indicated in Appendix 3E.

Net Foreign exchange earnings for the scheme are defined as under:

Net Foreign Exchange = Gross Earnings of Foreign Exchange minus Total expenses / payment / remittances of Foreign Exchange by the IEC holder, relating to service sector in the Financial year.

(e) If the IEC holder is a manufacturer of goods as well as service provider, then the foreign exchange earnings and Total expenses / payment / remittances shall be taken into account for service sector only.

In order to claim reward under the scheme, Service provider shall have to have an active IEC at the time of rendering such services for which rewards are claimed.

The list of eligible service exporters to claim under SEIS scheme Service Exports from India Scheme is listed separately.

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.

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

In this post, the information about eligibility to claim SEIS is explained. A list of categories included in SEIS scheme is mentioned in a separate post in this website. A complete list of eligible service exporters is being published by government soon under annexure 3D of Foreign Trade Policy. We will update you the same, once such list of exporters eligible for SEIS scheme of FTP 2015-20.

Also read:
Services Exports from India Scheme (SEIS)
Common guidelines to exporters to claim SEIS and MEIS
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

If you would like to write about your suggestions about eligibility for claiming scheme under SEIS scheme of Foreign Trade Policy 2015-20, opine below.

The above information is a part of Import Export Training course online

Share your views about eligibility to claim scheme under SEIS, Service Exports from India Scheme.

Comments

rajan padmakumar: On 20 April 2015 please intimate whether cashew processors are eligible to get the applicable duty draw back, if they claim benefits under MEIS scheme. Rajan padmakumar

joginder: On 14 July 2015 We are inbound tour operator. Our 100 % earning is from tour operation services. Out of 100 95 % earning is in foreign currency. My question is how we can take benefit of this scheme. Thanks

C S Sankar: On 07 March 2016 Dear Sir, We want to have clarifications on SEIS : We are rendering accounting and commercial services on behalf of a foreign entity and charge in USD every month and get the payment within a couple of days.We have IE code. Are we eligible for SEIS? If so what can we do with the scrip when we dont have any other excisable sale with in India? We are only carrying out trading activities involving VAT and CST. We are also rendering services and have service tax registration. Can we transfer the scrip to some other and get the consideration? Please suggest. Regards Sankar

MANISH DAVE: On 16 March 2016 Dear Sir, We want to have clarifications on SEIS, we are exporting for software services and product supply , we are falling under IT and IT enable services, we receive USD$ every month on regular base against our export services and product, we are registered with service Tax and DTA scheme under STPI, we have IE Code. (1) how will we get SEIS scheme benefit (2) how will we apply the reward scheme application to whom government authorty (3) for which government department will reimburse the payment. please do the needful and brief me details.

Dinesh Vinodrai Master: On 16 September 2016 sir, I want to clarify that indian company involved in the business of money transfer like Western Union Money Transfer are also eligible for SEIS or not ? @ what rate ?

BHARAT GHELA: On 16 December 2016 CUSTOMIZED SOFTWARE DEVELOPMENT IS CONSIDER IN SERVICE OR NOT

Quamruddin Shaikh : On 24 February 2017 One of our client is engaged in software development and subsequently exporting it. Are they eligible for benefits under SEIS Scheme.

Dheeraj Arora: On 06 March 2018 Respected Sir, if the service is of web designing, can service provider avail the benefit of SEIS scheme.

Shridarshan Badgujar: On 01 November 2018 software development and subsequently exporting it. Are they eligible for benefits under SEIS Scheme. & also Invoice mention to service fee this case applicable SEIS scheme

ARULJOTHI K: On 02 January 2019 We have clarifications on SEIS, we are exporting for software services and product supply, we are falling under IT and IT enable services, we receive USD$ every month on regular base against our export services and product, we have IE Code. (1) how will we get SEIS scheme benefit (2) how will we apply the reward scheme application to whom government authorty (3) for which government department will reimburse the payment. Please do the needful and brief me details.

Gaurav: On 22 July 2019 We are exporting for software services to outside india, and we are falling under It services. We received inward remittance against export services and We have IE code as well. Can we get SEIS scheme benefit bcoz banks are refused to upload EBRC under IT services.

Riddhi: On 26 July 2020 Hi, Can a company who got registered under IEC in 2020, can apply for SEIS scheme for FY 1819 & 1920 services?

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

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