ANNOUNCEMENT 05 Dec 2017

The incentive for exports of services has been increased by 2% for a period of 5 months.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising

SOURCE

Public Notice 45/2015-2020
http://dgft.gov.in/exim/2000/PN/PN17/PN%2045%20Eng.pdf

Inception date: 01 Nov 2017 | Removal date: 31 Mar 2018
Still in force

Tax-based export incentive

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.

AFFECTED PRODUCTS

 
N/A