AFFECTED FLOWOutflow (subsidised)
ANNOUNCED AS TEMPORARYNo
Tax-based export incentive
On 25 April 2018, the Indian Ministry of Commerce and Industry through Trade Notice 4/2018 clarified that even though the list for services eligible for export incentives does not explicitly specify Information Technology or Information Technology Enabled Services, any service listed if provided on an IT-enabled platform will be eligible for such incentives.
Export incentives on service exports are covered under the Service Exports from India Scheme (SEIS). SEIS provides exporters with tax rebates in proportion to their revenue abroad.
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