SEIS (Services Export from India Scheme)
Overview
What It Is?
SEIS is a type of export benefit available to service exporters under Foreign Trade Policy 2015-20. SEIS shall apply to service providers located in India instead of Indian Service providers. Under this benefit, rewards are provided to exporters of notified services in the form of scrips which can be used for payment of customs duty for import of inputs or goods also notified FTP 2015-20.
The scrips are issued on the basis of a certain percentage of Net Foreign Exchange earned for the year after filing an E-com application for the same with DGFT (Directorate General of Foreign trade)
FEATURES
- Apply to Service Providers in India instead of indian Service providers.
- Scrips are issued for all the services notified in FTP 2015-20.
- Rate of reward for scrips are different for different services notified in FTP 2015-20
- The scrips are freely transferrable for all types of goods and service tax debits.
For Whom
The benefit is available to exporters of various services who are eligible as per notified in Appendix 3D.
Any other service which is not notified in the Appendix will not be eligible for the benefits of SEIS.
PREREQUISITES
- IEC (importer Exporter Code) Certificate is a must for every exporter to avail the benefits.
- The information furnished in the IEC should be accurate since that acts as basis in SEIS benefits
- RCMC (Registration cum Membership Certificate) should be obtained from SEPC (Services Export Promotion Council).
- A list of Documents are required at different stages for obtaining certain certificates which are required in filing of SEIS return.]
- DGFT class DSC are a must to login for SEIS return which is required to be furnished in order to obtain benefits.
The name 'A Square Finserv' embodies our ethos:
'Square' symbolizes integrity and equilibrium in our work, while 'Finserv' underscores our passion for delivering cutting-edge financial services and advisory.
How We Can Help?
At we help our clients from start till end. It means with the client’s cooperation in providing the documents required at different stages on timely basis, we help in the following manner:
- Obtaining IEC from Regional Office of DGFT.
- Filing of RCMC at SEPC and procurement of certificate.
- Issuing the DGFT class DSC with our association with E-mudhra
- Complling the data provided and issuing CA certificate for ANF-3B
- Ultimately filing the ANF-3B with the Office of DGFT.
- Looking after the entire procedure till the scrips are issued.
- Also helping our clients in advising them over the use of scrips for utmost benefit.
Trusted by over 500+ loyal customers
A reliable and well-structured CA firm. A Square Finserv ensures compliance-driven solutions with timely execution.
The team at A Square Finserv is highly knowledgeable and professional. Their guidance on taxation and compliance has been precise.
A Square Finserv provides dependable accounting and advisory services with a disciplined and transparent approach.
Professional handling of statutory and compliance matters by A Square Finserv. Their attention to detail is commendable.
A Square Finserv maintains high service standards and delivers accurate financial solutions. Communication is clear and timely.
The firm demonstrates strong expertise in accounting and taxation. A Square Finserv is a trusted advisory partner.
A Square Finserv offers structured and compliant services with consistent professionalism. Overall experience has been excellent.
The team at A Square Finserv ensures timely delivery and accurate compliance support. Their advisory inputs are practical.
A Square Finserv follows a systematic and ethical approach in all assignments. Their technical strength is evident.
Our FAQ
Answers To Your Questions
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 3D.
Duty Credit Scrips shall be granted as rewards under Service Exports from India Scheme (SEIS). The Duty Credit Scrips and goods imported against them shall be freely transferable. The Duty Credit Scrips can be used for:
Payment of Basic Customs Duty and Additional Customs Duty specified under sections 3 (1), 3(3) and 3(5) of the Customs Tariff Act, 1975 for import of inputs or goods, including capital goods, as per DoR Notification, except items listed in Appendix 3A.
Duty Scrips issued on or after 01.01.2016 shall be valid for a period of 24 months from the date of issue and must be valid on the date actual debit of duty is made.
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Our Location
Unit No.206, SS Plaza Sector-47, Gurgaon, Haryana-122018