Gives a value of 3-7% of net foreign exchange earned from export of services from India in the form of duty credit scrips. This scheme is effective from 01.04.2015 and is given on annual basis. The scheme ends on 31.12.2021
The 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 raw material, including capital goods and other FTP fees.
There are certain terms and conditions attached to this schemes which needs to be taken care of on the basis of exporter profile prior to export.
We provide end-to-end support to Services Exporter who earn in foreign Exchange to compliantly avail of incentives. This includes:
Consultancy for the eligibility under the SEIS Scheme
Identifying the Services exported as per the eligible services and correct codes
Documentation, Application Preparations, NFE reconciliation,
Representation and follow ups with the concerned department to expedite the process of issuance of the SEIS Duty Credit Scrip.
Registration at Customs
Monetisation support
Besides consulting, documentation, representation and facilitation of all matters related to Exports and Imports Policy, Procedures, Licenses and Incentives we also buy and sell for our Exporter and Importer clients.
Through our process of checking the scrips before buying and selling, we ensure that the chances of wrong scrips or their misuse is ruled out. Most of our clients being large corporate, MNCs or Public sector companies chances of any misuse is in any case virtually not there.
Please let us know in case you want to sell or buy the scrips and give us the details by Clicking Here, and we will get back to you asap: