SEIS (Service Exports From India Scheme)

  • Benefit Upto 7% of Exports
  • Eligible for Past Exports
  • Export DGFT Consultant

SEIS (Service Exports From India Scheme)

For Promoting international business schemes under Service Export from India Schemes introduced. Service Export from India Scheme is a modification of old Served from India Scheme which was announced in FTP 2009-14. Service exporter get benefit under SEIS scheme, would be computed as a percentage of net foreign exchange earned by the service exporter. Exporter get benefit in duty credit script mode , which can be used or eligible for sale. The percentage of reward is up to 5 % of export turnover.

Nature of Reward: – Duty Credit Scrips shall be granted as rewards under SEIS. It will be freely transferable. Therefore, if exporter is not in position to use the Duty Credit Scrips, he can sell the same in market.

SEIS is scheme introduced to promote export of services from India. Scheme was introduced under Foreign Trade Policy 2015-20. Object of this scheme is to encourage service exports. This incentive scheme is eligible for Certain list of service exporter who have valid IEC and RCMC. Earlier benefits of SEIS was not available to SEZ units However new Act had extended its benefits to SEZ units. On net foreign earning benefit of SEIS is get calculated.

We are SEIS Consultant to help you in SEIS Services , determine amount of SEIS , prepare application and submit to DGFT. Over period of time we helped may clients for SEIS benefits from Gurgaon, Delhi, Faridabad, Noida. We provide SEIS Services under one ruff from SEIS application to Sale of SEIS Script.

Eligibility SEIS (Service Exports From India Scheme)

  • Service Provider Must have Valid Active IEC
  • For Company : Minimum Trade $ 15000 in Previous Year
  • For Individual : Minimum Trade $ 10000 in Previous Year
  • Services listed in Appendix 3E are only eligible
  • RCMC Required

Highlights of SEIS Scheme

Service Export Benefit

The SEIS scheme grants benefits of up to 7% as compared to earlier scheme. Exporter gets upto 5% of export Duty Credit if exporter is not in position to use the Duty Credit Scrip, he can sell Scrip

Use Of Script

SEIS scheme grants benefits of up to 5% of exports. Exporter can use the credit scrips for various payments. SEIS Scheme defines for which payment exporter can utilize the scrips.

Sale of Scrips

SEIS shall be granted as rewards under export promotion. It will be freely transferable. Therefore, if exporter is not in position to use the Duty Credit Scrip, he can sell the same in market

Percentage of Benefit

The rates of reward are in the range of 2 to 7 percent of the net foreign exchange earned depending upon the category/ nature of services. SEIS scheme is targeted to reach a wider section of service providers.

SEIS Application Documents

Import Export Code

RCMC

PAN Card

Export Invoices

FIRC/ BRC

GST Certificate

What We Offer in SEIS Services

Personal Consulting

Legal Documents

Filing of SEIS

Approval of SEIS

Assistance on sale

Compare Your Options

Recommended For
Benefit
Duration
Statutory Compliances
RCMC Required
Applicable for

MEIS

Goods Exporter
Upto 7 % of FOB Value of Export
1 Month
No
Yes
Past Exports
Know More

SEIS

Service Exporter
Upto 7 % of FOB Value of Export
1 Month
No
Yes
Past Exports

EPCG

Manufacturer Exporter
Upto 100 % Import duty waiver on Capital Goods
1 Month
Yes
Yes
upcoming Capital Goods Import
Know More

Advance Authorization

Manufacturer Exporter
Upto 100 % Import duty waiver on raw material
1 Month
Yes
Yes
upcoming Raw Material Import
Know More

FAQ-Service Export India Scheme ( SEIS )

In simple terms following person is eligible to claim SEIS Specified Service Exporter from India Minimum Foreign Export Earning $ 15000 Person Have Valid IEC

Few of Services As per FTP

  • Legal services
  • Accounting
  • Taxation services
  • Architectural services
  • Engineering services
  • Integrated engineering services
  • Urban planning and landscape architectural services
  • Medical and dental services
  • Veterinary services
  • Engineering Services

No. Only Export of specified services are eligible for SEIS benefit. List of services are mentioned in Appendix 3D.

SEIS Export Rate is mentioned under Appendix 3D is between 3% to 7%. As per nature of services benefit rate under SEIS Scheme changes.

SEIS Script document can be utilized in two mode 1. Utilize against import ( Settle import duty ) 2. Sell in open market at discounted price

Yes. Services exporter who want to apply for SEIS Claim need to have valid & Active IEC Registration. IEC is mandatory for SEIS Registration

As per para 9.10 of the Handbook of Procedures 2015-20, DGFT May dispose of application in 3 working days. However in case of deficiencies it may take longer time.

RCMC is one of mandatory document for SEIS Application. RCMC need to be renewed each year for making SEIS application.

Duty Credit Scrips issued on or after 01.01.2016 under chapter-3 shall be valid for a period of 24 month.

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