{"id":5538,"date":"2019-01-30T16:25:34","date_gmt":"2019-01-30T10:55:34","guid":{"rendered":"http:\/\/carajput.com\/blog\/?p=5538"},"modified":"2021-10-25T18:01:32","modified_gmt":"2021-10-25T12:31:32","slug":"service-exports-from-india-scheme-sies","status":"publish","type":"post","link":"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/","title":{"rendered":"Service Exports From India Scheme(SIES)"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-light-blue ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Page Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69d03466c7dd1\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #000000;color:#000000\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #000000;color:#000000\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69d03466c7dd1\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#Service_Exports_From_India_Scheme_SIES_A_tool_to_Encourage_Export_FOREIGN_TRADE_POLICY_2015-2020\" title=\"Service Exports From India Scheme (SIES) A tool to Encourage Export :FOREIGN TRADE POLICY 2015-2020\">Service Exports From India Scheme (SIES) A tool to Encourage Export :FOREIGN TRADE POLICY 2015-2020<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#Eligible_Service_Providers\" title=\"Eligible Service Providers:\">Eligible Service Providers:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#How_to_Calculation_of_Benefits\" title=\"How to Calculation of Benefits:\">How to Calculation of Benefits:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#Procedure_for_filing_application_for_benefit_under_SEIS\" title=\"Procedure for filing application for benefit under SEIS:\">Procedure for filing application for benefit under SEIS:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#Ineligible_categories_under_SEIS\" title=\"Ineligible categories under SEIS:\">Ineligible categories under SEIS:<\/a><ul class='ez-toc-list-level-4'><li class='ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#Related_to_Financial_Services_Sector\" title=\" Related to Financial Services Sector:\"> Related to Financial Services Sector:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-4'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#Earned_through_contractregular_employment_abroad_eg_labour_remittances\" title=\" Earned through contract\/regular employment abroad (e.g. labour remittances):\"> Earned through contract\/regular employment abroad (e.g. labour remittances):<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/carajput.com\/blog\/service-exports-from-india-scheme-sies\/#Following_are_the_List_of_documents_required_for_the_SEIS_Scheme_application\" title=\"Following are the List of documents required for the SEIS Scheme application\u00a0\u00a0\">Following are the List of documents required for the SEIS Scheme application\u00a0\u00a0<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/02\/SEIS.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-8608\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/02\/SEIS.jpg\" alt=\"www.carajput.com; SEIS\" width=\"828\" height=\"540\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/02\/SEIS.jpg 828w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/02\/SEIS-300x196.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/02\/SEIS-768x501.jpg 768w\" sizes=\"(max-width: 828px) 100vw, 828px\" \/><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"Service_Exports_From_India_Scheme_SIES_A_tool_to_Encourage_Export_FOREIGN_TRADE_POLICY_2015-2020\"><\/span><span style=\"color: #000080;\"><strong>Service Exports From India Scheme (SIES) A tool to Encourage Export :<\/strong><strong>FOREIGN TRADE POLICY 2015-2020<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<ul>\n<li style=\"text-align: justify;\"><strong>Service Exports from India Scheme <\/strong>(SIES) has been introduced through the latest Foreign Trade Policy 2015-2020 as a tool to encourage <strong>export<\/strong> of notified Services from\u00a0<strong>India<\/strong>.<\/li>\n<li style=\"text-align: justify;\">It replaces the Served from\u00a0<strong>India Scheme <\/strong>(SFIS) that was introduced in the Foreign Trade Policy 2004-2009.<\/li>\n<li style=\"text-align: justify;\">Service Exports from India Scheme (SEIS) mainly aims to appreciate the export of services from India by providing duty scrip credit for eligible exports. Under the scheme, service providers, located in India, would be rewarded under the SEIS scheme, for the eligible export of services from India. In this article,<\/li>\n<li style=\"text-align: justify;\">we look at the Service Exports from India Scheme in expending. Service Exports from India Scheme was earlier termed as Served from India Scheme (SFIS).<\/li>\n<\/ul>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Eligible_Service_Providers\"><\/span><span style=\"color: #000080;\"><strong><em><span style=\"text-decoration: underline;\">Eligible Service Providers:<\/span><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><a href=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/service-exports-from-india-scheme-seis-1-638.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\" wp-image-8621\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/service-exports-from-india-scheme-seis-1-638.jpg\" alt=\"www.carajput.com; service-exports-from-india-scheme\" width=\"918\" height=\"689\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/service-exports-from-india-scheme-seis-1-638.jpg 638w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/service-exports-from-india-scheme-seis-1-638-300x225.jpg 300w\" sizes=\"(max-width: 918px) 100vw, 918px\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">All type of Service Providers (i.e. Companies, Partnership, Proprietorship) providing notified services will be eligible for SEIS if they are providing services as per any of the two specified modes (out of four modes) .<\/p>\n<table style=\"height: 416px;\" width=\"818\">\n<tbody>\n<tr>\n<td width=\"61\"><strong>Mode<\/strong><\/td>\n<td width=\"156\"><strong>Title of Mode<\/strong><\/td>\n<td width=\"270\"><strong>Description<\/strong><\/td>\n<td width=\"84\"><strong>Eligible for SEIS<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"61\">1<\/td>\n<td width=\"156\">Cross border trade<\/td>\n<td width=\"270\">Supply of a \u2018service\u2019 from India to any other country<\/td>\n<td width=\"84\">Yes<\/td>\n<\/tr>\n<tr>\n<td width=\"61\">2<\/td>\n<td width=\"156\">Consumption abroad<\/td>\n<td width=\"270\">Supply of a \u2018service\u2019 from India to service consumer(s) of any other country in India<\/td>\n<td width=\"84\">Yes<\/td>\n<\/tr>\n<tr>\n<td width=\"61\">3<\/td>\n<td width=\"156\">Commercial Presence<\/td>\n<td width=\"270\">Supply of a \u2018service\u2019 from India through commercial presence in any other country<\/td>\n<td width=\"84\">No<\/td>\n<\/tr>\n<tr>\n<td width=\"61\">4<\/td>\n<td width=\"156\">Presence of natural persons<\/td>\n<td width=\"270\">Supply of a \u2018service\u2019 from India through the presence of natural persons in any other country<\/td>\n<td width=\"84\">No<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18064\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS--300x137.jpg\" alt=\"SEIS-\" width=\"808\" height=\"369\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS--300x137.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS--768x350.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS--800x365.jpg 800w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-.jpg 1024w\" sizes=\"(max-width: 808px) 100vw, 808px\" \/><\/h3>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"How_to_Calculation_of_Benefits\"><\/span><span style=\"color: #000080;\"><strong><em><span style=\"text-decoration: underline;\">How to Calculation of Benefits:<\/span><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18066\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-2-300x201.jpg\" alt=\"SEIS-2\" width=\"828\" height=\"555\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-2-300x201.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-2-768x515.jpg 768w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-2-800x537.jpg 800w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-2.jpg 936w\" sizes=\"(max-width: 828px) 100vw, 828px\" \/><\/p>\n<p style=\"text-align: justify;\">The first step in calculation of scheme benefits is to arrive at the figure of Net Foreign Exchange earned during the particular financial year as per following formula:<\/p>\n<p style=\"text-align: justify;\"><strong>Net Foreign Exchange = Gross Earnings of Foreign Exchange minus (-) Total expenses \/ payment \/ remittances of Foreign Exchange by the IEC holder, relating to service sector in the Financial year &#8211; <\/strong>Once Net Foreign Exchange earnings are calculated, the next step is to find out the applicable rate as per the services being exported.<\/p>\n<p style=\"text-align: justify;\">In the starting of the scheme, DGFT notified the rates between <strong>3 to 5%<\/strong> of the Net Foreign Exchange earnings. However, later on, these rates were increased by 2% and the applicable rate of benefit under SEIS is in the range of <strong>5 to 7%<\/strong> with effective from 1st November\u20192017 and applicable till 31st March\u20192018.<\/p>\n<ul style=\"text-align: justify;\">\n<li>Following are the reward rates notified under the Annexure to Appendix3D of The Foreign Trade Policy 2015-2020:<\/li>\n<\/ul>\n<table width=\"659\">\n<tbody>\n<tr>\n<td width=\"396\"><strong>\u00a0<\/strong><strong>Services<\/strong><\/td>\n<td width=\"120\"><strong>Reward Rates (from 1.4.15<\/strong><strong>to 31.10.17)<\/strong><\/td>\n<td width=\"143\"><strong>Reward Rates (from 1.1.17 to<\/strong><strong>31.3.18)<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Professional Services (Legal, Accounting, Tax, Medical etc.)<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"143\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Research &amp; Development Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"143\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Rental\/Leasing services without operators<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"143\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Other Business Services<\/td>\n<td width=\"120\">3%<\/td>\n<td width=\"143\">5%<\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Audiovisual services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"143\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Construction &amp; related Engineering Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"143\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Educational Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"143\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"396\">Environmental Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"143\">7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<table width=\"661\">\n<tbody>\n<tr>\n<td width=\"403\"><strong>\u00a0<\/strong><strong>Services<\/strong><\/td>\n<td width=\"120\"><strong>Reward Rates <\/strong><strong>(from 1.4.15<\/strong><\/p>\n<p><strong>to 31.10.17)<\/strong><\/td>\n<td width=\"138\"><strong>Reward Rates <\/strong><strong>(from 1.1.17 to<\/strong><\/p>\n<p><strong>31.3.18)<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Health-Related and Social Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"138\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Tourism and Travel Related Services<\/td>\n<td width=\"120\">3-5%<\/td>\n<td width=\"138\">5-7%<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Recreational, Cultural and Sporting Services (other than audio visual services)<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"138\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Maritime Transport Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"138\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Air Transport Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"138\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Road Transport Services<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"138\">7%<\/td>\n<\/tr>\n<tr>\n<td width=\"403\">Services auxiliary to all modes of Transport<\/td>\n<td width=\"120\">5%<\/td>\n<td width=\"138\">7%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18072\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-Benefits-for-FY-2019-20-Part-1-691x1024-1-202x300.jpg\" alt=\"SEIS-Benefits-for-FY-2019-20\" width=\"709\" height=\"1053\" \/><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p style=\"text-align: justify;\"><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18069\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-Benefits-for-FY-2019-20-Part-2-198x300.jpg\" alt=\"\" width=\"739\" height=\"1120\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-Benefits-for-FY-2019-20-Part-2-198x300.jpg 198w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-Benefits-for-FY-2019-20-Part-2.jpg 676w\" sizes=\"(max-width: 739px) 100vw, 739px\" \/><\/strong><\/p>\n<p style=\"text-align: justify;\"><strong><img loading=\"lazy\" decoding=\"async\" class=\"alignnone wp-image-18068\" src=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-Benefits-for-FY-2019-20-Part-3-300x110.jpg\" alt=\"SEIS-Benefits-for-FY-2019-20-Part-3\" width=\"706\" height=\"259\" srcset=\"https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-Benefits-for-FY-2019-20-Part-3-300x110.jpg 300w, https:\/\/carajput.com\/blog\/wp-content\/uploads\/2019\/01\/SEIS-Benefits-for-FY-2019-20-Part-3.jpg 768w\" sizes=\"(max-width: 706px) 100vw, 706px\" \/> \u00a0<\/strong><\/p>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Procedure_for_filing_application_for_benefit_under_SEIS\"><\/span><span style=\"color: #000080;\"><strong><em><span style=\"text-decoration: underline;\">Procedure for filing application for benefit under SEIS:<\/span><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul style=\"text-align: justify;\">\n<li>Application to claim the benefit under SEIS is filed in Form ANF 3B online using digital signature.<\/li>\n<li>This application contains one part which needs to be certified by a practicing Chartered Accountant.<\/li>\n<li>Physical copy of application along with all supporting documents also needs to be submitted to the jurisdictional office of DGFT.<\/li>\n<li>A small fee of Rs. 1000 is paid at the time of filing the application.<\/li>\n<li>Application once filed, can\u2019t be revised online.<\/li>\n<li>Exchange rate for each year is notified to calculate the value of duty credit scrip.<\/li>\n<li>Application for each financial year is filed separately.<\/li>\n<\/ul>\n<p style=\"text-align: justify;\"><strong><em><span style=\"text-decoration: underline;\">Other important points:<\/span><\/em><\/strong><\/p>\n<ul style=\"text-align: justify;\">\n<li>The duty credit scrip can be utilized for the payment of basic custom duty for the procurement of eligible inputs and capital goods.<\/li>\n<li>The scrip is freely transferable i.e. the service exporter can sell the scrip to any other person.<\/li>\n<li>The duty credit scrip shall be valid for a period of 24 months from the date of its issue.<\/li>\n<li>An application for obtaining duty credit scrip shall be filed within a period of 12 months from the relevant financial year of claim period.<\/li>\n<\/ul>\n<table width=\"656\">\n<tbody>\n<tr>\n<td width=\"553\"><strong>\u00a0 Period of delay in filing the claim<\/strong><\/td>\n<td width=\"103\"><strong>Late cut %<\/strong><\/td>\n<\/tr>\n<tr>\n<td width=\"553\">Application received after the expiry of last date but within six months from the last date<\/td>\n<td width=\"103\">2%<\/td>\n<\/tr>\n<tr>\n<td width=\"553\">Application received after six months from the prescribed date of submission but not later than one year from the prescribed date<\/td>\n<td width=\"103\">5%<\/td>\n<\/tr>\n<tr>\n<td width=\"553\">Application received after 12 months from the prescribed date of submission but not later than 2 years from the prescribed date<\/td>\n<td width=\"103\">10%<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"text-align: justify;\"><span class=\"ez-toc-section\" id=\"Ineligible_categories_under_SEIS\"><\/span><span style=\"color: #000080;\"><strong><em><span style=\"text-decoration: underline;\">Ineligible categories under SEIS:<\/span><\/em><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p style=\"text-align: justify;\">(1) Foreign exchange remittances other than those earned for rendering of notified services would not be counted for entitlement. Thus, other sources of foreign exchange earnings such as equity or debt participation, donations, receipts of repayment of loans etc. and any other inflow of foreign exchange, unrelated to rendering of service, would be ineligible.<\/p>\n<p style=\"text-align: justify;\">(2) Following shall not be taken into account for calculation of entitlement under the scheme<\/p>\n<p style=\"text-align: justify;\">(a) Foreign Exchange remittances:<\/p>\n<ol style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Related_to_Financial_Services_Sector\"><\/span><span style=\"color: #000080;\"><strong> <span style=\"text-decoration: underline;\">Related to Financial Services Sector:<\/span><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p style=\"text-align: justify;\">(i) Raising of all types of foreign currency Loans;<\/p>\n<p style=\"text-align: justify;\">(ii) Export precedes realization of clients;<\/p>\n<p style=\"text-align: justify;\">(iii) Issuance of Foreign Equity through ADRs \/ GDRs or other similar instruments;<\/p>\n<p style=\"text-align: justify;\">(iv) Issuance of foreign currency Bonds;<\/p>\n<p style=\"text-align: justify;\">(v) Sale of securities and other financial instruments;<\/p>\n<p style=\"text-align: justify;\">(vi) Other receivables not connected with services rendered by financial institutions; and<\/p>\n<ol style=\"text-align: justify;\">\n<li>\n<h4><span class=\"ez-toc-section\" id=\"Earned_through_contractregular_employment_abroad_eg_labour_remittances\"><\/span><span style=\"color: #000080;\"><strong> <span style=\"text-decoration: underline;\">Earned through contract\/regular employment abroad (e.g. labour remittances):<\/span><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h4>\n<\/li>\n<\/ol>\n<p style=\"text-align: justify;\">(b) Payments for services received from EEFC Account;<\/p>\n<p style=\"text-align: justify;\">(c) Foreign exchange turnover by Healthcare Institutions like equity participation, donations etc.<\/p>\n<p style=\"text-align: justify;\">(d) Foreign exchange turnover by Educational Institutions like equity participation, donations etc.<\/p>\n<p style=\"text-align: justify;\">(e) Export turnover relating to services of units operating under SEZ \/ EOU \/ EHTP \/ STPI \/ BTP Schemes or supplies of services made to such units;<\/p>\n<p style=\"text-align: justify;\">(f) Clubbing of turnover of services rendered by SEZ \/ EOU \/EHTP \/ STPI \/ BTP units with turnover of DTA Service Providers;<\/p>\n<p style=\"text-align: justify;\">(g) Exports of Goods.<\/p>\n<p style=\"text-align: justify;\">(h) Foreign Exchange earnings for services provided by Airlines, Shipping lines service providers plying from any foreign country X to any foreign country Y routes not touching India at all.<\/p>\n<p style=\"text-align: justify;\">(i) Service providers in Telecom Sector.<\/p>\n<div class=\"fl-module fl-module-vamtam-heading fl-node-5ed774e9c5687\" data-node=\"5ed774e9c5687\">\n<div class=\"fl-module-content fl-node-content\">\n<h3 class=\"vamtam-heading \"><span class=\"ez-toc-section\" id=\"Following_are_the_List_of_documents_required_for_the_SEIS_Scheme_application\"><\/span><span class=\"vamtam-heading-text\" style=\"color: #000080;\">Following are the List of documents required for the SEIS Scheme application\u00a0\u00a0<\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<\/div>\n<\/div>\n<div class=\"fl-module fl-module-rich-text fl-node-5ed774e9c5688\" data-node=\"5ed774e9c5688\">\n<div class=\"fl-module-content fl-node-content\">\n<div class=\"fl-rich-text\">\n<ul>\n<li>Statement showing the nexus between Invoices and FIRC\u2019s (Table No 4)<\/li>\n<li>Write up of Services<\/li>\n<li>invoice and FIRC\u2019s Self\u2013Certified copy<\/li>\n<li><a href=\"https:\/\/www.caindelhiindia.com\/blog\/importer-exporter-code-registration-and-documentation\/\">IEC code<\/a><\/li>\n<li>CA Certificate<\/li>\n<li>RCMC Copy<\/li>\n<li>Application form ANF-3B (Aayat Niryat Form)<\/li>\n<li>DGFT DSC<\/li>\n<li>Other Necessary Declarations<\/li>\n<\/ul>\n<\/div>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Service Exports From India Scheme (SIES) A tool to Encourage Export :FOREIGN TRADE POLICY 2015-2020 Service Exports from India Scheme (SIES) has been introduced through the latest Foreign Trade Policy 2015-2020 as a tool to encourage export of notified Services from\u00a0India. It replaces the Served from\u00a0India Scheme (SFIS) that was introduced in the Foreign Trade &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[6481,6475,6470,6482,6469],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5538"}],"collection":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/comments?post=5538"}],"version-history":[{"count":5,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5538\/revisions"}],"predecessor-version":[{"id":8620,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/posts\/5538\/revisions\/8620"}],"wp:attachment":[{"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/media?parent=5538"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/categories?post=5538"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/carajput.com\/blog\/wp-json\/wp\/v2\/tags?post=5538"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}