ANNOUNCEMENT 05 Dec 2017
The incentive for exports of services has been increased by 2% for a period of 5 months.
NUMBER OF INTERVENTIONS
Public Notice 45/2015-2020
THIS MEASURE BELONG TO THE FRAMEWORK:
The Ministry of Commerce and Industry has through Public Notice 45/2015-2020 increased the incentives on exports of services under the Service Exports from India Scheme (SEIS) by 2% (from 3-5% to 5-7%). The incentives are issued as duty credit scrips on the Net Foreign Exchange earnings through these services.
These increased rates are announced for the period 1 November 2017 to 31 March 2018.