Madras High Court Allows Assessee to Respond to SEIS Benefit Query Letter

CorroHealth Infotech Private Limited Vs Assistant Director General of Foreign Trade for Zonal Additional Director General of Foreign Trade (Madras High Court) The petitioner challenged an impugned communication dated 12.03.2024 issued by the authority, alleging excess SEIS duty credit availed for 2015–2020. The petitioner argued that its services were correctly classified under Sl.No. I(A)(b) of the Annexure to Appendix 3D of the Foreign Trade Policy, which covers accounting, auditing, and bookkeeping services under CPC Code 862, eligible for 5% or 7% benefits on net foreign exchange earned....