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Discrepancy in Service Exports from India Scheme?
abhishekj12
22 Aug 2016
0 comment
New SEIS scheme is also not free from defects. There are certain discrepancy which have not been taken care of at the time of introducing such scheme nor there has been any clarification issued by Director General of Foreign Trade (‘DGFT’) in this regard, till date....
Posted Under:
DGFT
|
Articles
SEIS: Are You Ready To Apply from April 1, 2016
TG Team
18 Feb 2016
4 comments
The Service Exports from India Scheme (‘SEIS’) was introduced last year under the new Foreign Trade Policy 2015-2020 (‘the FTP’) to encourage export of services from India. The new SEIS policy initiative is a much better policy initiative than the erstwhile Served From India Scheme (‘SFIS’) that had its own limitations in term...
Posted Under:
DGFT
|
Articles
What Factors basically deal with foreign Trade Policy?
TG Team
02 Dec 2015
0 comment
According to Foreign Trade (Development and Regulation) Act, 1992 foreign trade policy basically contain a set of guidelines or instruction of import and export. Its primary purpose is not merely earn to foreign exchange but also to stimulate greater economy activity....
Posted Under:
DGFT
|
Articles
Export Promotion Capital Goods Scheme (EPCG) under FTP 2015-2020
TG Team
27 Sep 2015
0 comment
The objective of the EPCG Scheme is to facilitate import of capital goods for producing quality goods and services to enhance India’s export competitiveness. EPCG scheme allows the import of capital goods for pre-production, production and post -production at Zero custom duty....
Posted Under:
DGFT
|
Articles
Service Exports from India Scheme (SEIS)
TG Team
12 Sep 2015
13 comments
The new five year Foreign Trade Policy (FTP) 2015-2020 introduces the 'Service Exports from India Scheme (SEIS)'. This reward scheme shall come into force from the date of notification i.e. 1.04.2015. The rewards under SEIS shall be admissible for services rendered on or after the date of notification of this Policy....
Posted Under:
DGFT
|
Articles
Importer Exporter Code (IEC)
TG Team
02 Sep 2015
2 comments
Importer Exporter Code IEC Code is unique 10 digit code issued by DGFT – Director General of Foreign Trade, Ministry of Commerce, Government of India. As per the Foreign Trade Policy no import or export shall be made by any person without obtaining an IEC unless specifically exempted. ...
Posted Under:
DGFT
|
Articles
A brief note on Export Promotion Capital Goods Scheme [EPCG Scheme]
TG Team
06 Jul 2015
12 comments
The Export Promotion Capital Goods (EPCG) scheme was one of the several export-promotion initiatives launched by the Government in the early '90s. The basic purpose of the scheme was to allow exporters to import machinery and equipment at affordable prices so that they can produce quality products for the export market....
Posted Under:
DGFT
|
Articles
Service Exports from India Scheme (SEIS)- Meaning, Rewards, Eligibility
TG Team
22 May 2015
0 comment
In the Foreign trade Policy 2015-2020, there are two scheme introduced for exports of Merchandise and Services respectively: Merchandise Exports from India Scheme (MEIS) Service Exports from India Scheme (SEIS) The objective of the scheme is to provide rewards to exporters to offset infrastructural inefficiencies and associated costs invo...
Posted Under:
DGFT
|
Articles
Key Highlights of Foreign Trade Policy 2015-2020
TG Team
08 Apr 2015
0 comment
Amendments in DGFT Notifications- Merchandise Exports from India Scheme (MEIS) - Schedule of country groups, ITC (HS) code wise list of products with reward rates under Appendix 3B: The DGFT has notified the Appendix 3B which contains Table 1-List of Country Groups and Table 2-ITC (HS) code wise list of products with reward rates under ME...
Posted Under:
DGFT
|
Articles
How to know MEIS rate for your Product and Country of Export
CA Sandeep Kanoi
06 Apr 2015
13 comments
MEIS reward rates (2%/3%/5%) specified for export of notified goods to notified markets [categorized into 3 groups, viz. Country Group A, B and C] as a percentage of realized FOB value in free foreign exchange. Now Readers may be willing to know how to know the rate of MEIS for the country they are exporting. In this article we are explai...
Posted Under:
DGFT
|
Articles
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