Service Export from India Scheme

SEIS is an Incentive Scheme introduced in the Foreign Trade Policy (FTP) of India (2015-2020).

The main objective of SEIS is to encourage export of notified services from India. Service Providers of notified services, located in India, shall be rewarded under SEIS. This scheme applies to export of services made on or after 01.04.2015.

SEIS duty credit scrips are freely transferable, i.e., they can be sold in the market, if the holder of the duty credit scrip does not intend to import services against the scrips.

These scrips can be used for payment of Basic Customs Duty at the time of import of goods, including notified capital goods.

Eligible Service Providers : A service provider located in India, providing notified services rendered in the specified manner shall be eligible for reward at the notified rates on the net foreign exchange earned provided that the net free foreign exchange earnings of such service provider in the financial year is:

• US$ 10,000 for individual service providers and sole proprietorship.
• US$ 15,000 for other service providers.
• Net foreign exchange earnings of services only have to be taken into account for a person who is a manufacturer as well as service provider. The benefit under this scheme ranges from 3% to 10% on Net Foreign Exchange earned.

Our Services:

• Preparation of application to provide a hassle-free process.
• Submission of online applications under the scheme and obtaining the license from DGFT.
• Assistance in registration of license at Customs.
• Assistance for preparing documents to transfer the License to eligible buyer through Sale or for Purchase of License from Sellers.
• Provide consultancy to the exporter to confirm the eligible benefit for their product and the country to whom they export.
• Updating Clients on policy amendments of the rules and regulations of the Foreign Trade Policy.