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                    <h1>Incentive Scheme for Foreign <br>Traders and Exporters in India</h1>
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		<p><strong>Service Exports from India Scheme</strong></p>
<p><strong>(SEIS) Scheme</strong></p>
<p>To encourage foreign trade and export in India the&nbsp;Ministry of Commerce through the Directorate General of Foreign Trade (DGFT) is&nbsp;offering incentive under Service Exporters from India. The scheme aims to promote export services from India. The incentive is offered in from of Duty Credit Scrips.</p>
<p>There are four categories offering services to foreign clients:</p>
<p><b><strong>Category 1</strong></b><b><strong>:</strong></b>&nbsp;Cross Border Trade- includes supply of services from India to abroad.</p>
<p><b><strong>Category 2</strong></b><b><strong>:</strong></b>&nbsp;Consumption Abroad- Supply of services from India to any other country currently in operational in India.</p>
<p><b><strong>Category 3</strong></b><b><strong>:</strong></b>&nbsp;Commercial Presence- Supply of services from India through commercial presence in any other country.</p>
<p><b><strong>Category 4</strong></b><b><strong>:</strong></b>&nbsp;Presence of natural person of one country providing their service in the territory of another.</p>
<p>Important updates regarding the scheme:</p>
<ul>
<li><b><strong>SEIS Scheme Extension</strong></b><b><strong>&nbsp;–&nbsp;</strong></b>There is no information/clarity from the Government till date regarding the extension of the SEIS Scheme for FY 2020-21 and beyond. Also, the SEIS Scheme rates for FY 2019-20 have not been notified yet.</li>
<li><b><strong>Notification No. 57 dated 31.03.2020</strong></b><b><strong>&nbsp;–</strong></b><br>
As per the Notification, the SEIS Scheme is continued for FY 2019-20 with revised rates. Rates will be notified in Appendix 3X. DGFT will take a decision on the continuity of the scheme for FY 2020-21 in due course.</li>
<li><b><strong>Public Notice No. 06/2015-20 dated 07.05.2019 –</strong></b><br>
As per the Public notice, Some Amendment has made in the Application form ANF 3B for claiming SEIS benefits under the&nbsp;FTP 2015-20</li>
<li>The last date for filing annual claims under SEIS is 12 months from the end of relevant financial year of the claim period, which is expiring for 2018-19 claims on 31st March, 2020, has been extended to 31st December, 2020.</li>
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<p>&nbsp;</p>
<p><b><strong>For more information regarding benefits under SEIS scheme you can get in touch with us at&nbsp;<a href="mailto:adveta.surve@sraindia.co.in">adveta.surve@sraindia.co.in</a>&nbsp;or&nbsp;<a href="mailto:office@sraindia.co.in">office@sraindia.co.in</a></strong></b></p>

		
		
			
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