DGFT : In order to boost exports from India, the Government of India has come up with different Export Promotion Schemes which are concer...
Goods and Services Tax : Duty Credit Scrips are goods as held by many Courts and the supply of the same liable to GST. Duty Credit Scrips covered under HSN...
DGFT : Unlock the potential of international trade by mastering the process of RCMC registration with our comprehensive guide. As of Apri...
CA, CS, CMA : As we all are aware that online E Com portal for filing of MEIS, SEIS, ROSL and ROSCTL scheme was not working for a long which was...
DGFT : 1. Objective: To provide rewards to exporters to offset infrastructural inefficiencies and associated cost. Also to encourage and ...
DGFT : Many of us are awaiting for DGFT online portal to start with online application filing of MEIS, SEIS and RoSL / RoSCTL for the exp...
DGFT : Under the decisive leadership of Hon’ble Prime Minister Shri NarendraModi, Government of India has decided to budget Rs 56,027 c...
DGFT : I have received request from the Service Exporters for issuance of long pending Service Exports from India Scheme (SEIS) Notificat...
DGFT : SEPC has recently submitted a representation to Hon’ble Minister of Finance Smt. Nirmala Sitharaman to take note of the conc...
DGFT : Smarte Solutions Pvt. Ltd. Vs Union of India (Bombay High Court) The Hon’ble High Court, Bombay in the matter of M/s Smarte Solu...
DGFT : Service Providers in Telecom Sector” meant and included only the Telecom Service Providers of services mentioned therein. The am...
DGFT : MEIS and SEIS scheme have now been discontinued w.e.f. 01.01.2021 and 01.04.2020 respectively, and are on the verge of final closu...
DGFT : The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP...
DGFT : The last date of submitting applications under MEIS, SEIS, ROSCTL, ROSL and 2% additional ad hoc incentive (under para 3.25 of FTP...
DGFT : MEIS/SEIS/ ROSL/ROSCTL Claim- Exporters may kindly note that after 31.12.2021, the Online IT system will not be operational and no...
Custom Duty : It has been informed by the trade that the facility of recording of transfer and ownership details of MEIS scrip is not functional...
Service Providers in Telecom Sector” meant and included only the Telecom Service Providers of services mentioned therein. The ambit and scope of such exclusion was not of Service Providers who render services to such Telecom Service Providers. Though, a similar list was not appended to FTP or HBPv1, there was no reason for a different interpretation to be placed to FTP 2015-20. Clearly, what was made ineligible for availing benefit of SEIS in terms of paragraph 3.09(2)(i) were the Telecom Service Providers and not the Service Providers who provide services to such Telecom Sector.
I have received request from the Service Exporters for issuance of long pending Service Exports from India Scheme (SEIS) Notification by DGFT for the year 2019-20.
SEPC has recently submitted a representation to Hon’ble Minister of Finance Smt. Nirmala Sitharaman to take note of the concerns of the services sector and give the approval for release of SETS notification for the year 2019-20. Full text of their letter is as follows:- SERVICES EXPORT PROMOTION CONCUIL (Set by Ministry of Commerce and […]
Service Exports from India Scheme (SEIS) was introduced under the Foreign Trade Policy (FTP) 2015-20 with the objective to promote and encourage the export of services from India. Under this scheme, the exporters of notified services are rewarded at the rates specified under Appendix 3D. The incentive is provided in the form of a duty […]
Exporters Bonanza If you are exporting the services, your net profit can be increased by 5% to 7% because Indian government is giving incentive on service exports? There is a scheme Service Export from India Scheme (SEIS) in Foreign Trade Policy 2015-20 where Government of India has notified various eligible services, rates & conditions for […]
Export from Indian Scheme There shall be following two schemes for Export respectively: 1. For Export of Merchandise – Merchandise Exports from India Scheme (MEIS). 2. For Export of Services – Service Exports from India Scheme (SEIS). Nature of Reward Duty Credit Scrips shall be granted as reward Scrips can be freely transferable Scrips can […]
Analysis of Service Export from India Scheme (SEIS) for Services Exporter Foreign Trade Policy In order to encourage exports, the government provides certain benefits in the form of Incentives, etc. to exporters. One such Incentive scheme is SEIS, which is relevant for Service Exporters. Under this scheme service exporters receives certain percentage of Net Foreign […]
