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Corporate Laws Central Ministry of Commerce and Industry Foreign Trade (Development and Regulation) Act, 1992

Changes in Service Exports from India Scheme (SEIS)

23-Sep-2021 | Notification No. 29/2015-2020

Central Government has notified the following changes in Service Exports from India Scheme (SEIS) in the Foreign Trade Policy 2015-20-
1. A list of eligible services and rates under SEIS for services rendered in the FY 2019-20.
2. A limit on total entitlement under SEIS has been imposed for service exports rendered in the period 01.04.2019 to 31.03.2020, and capped at Rs. 5 Cr per IEC.
3. The facility to claim benefits under SEIS on payments in Indian Rupees shall not be available for services rendered in the FY 2019-20.
4. The deadline for submission of SEIS applications for FY 2019-20 shall be 31.12.2021 and late cut provisions for such applications shall not apply i.e. SEIS applications for FY 2019-20 will become time barred after 31.12.2021.

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