The Directorate General of Foreign Trade vide Notification No. 29/2015-20 dated September 23, 2021 has inter alia notified list of eligible services and rates under Service Export from India Scheme (“SEIS”) for services rendered in the FY 2019-20.
Following amendments have been carried out:
Insertion of para 3.08(aa) in Chapter 3 of Foreign Trade Policy 2015-20
For SEIS claims for services rendered in the FY 2019-20 notified list of eligible services and rates are listed in Appendix 3X.
Amendment in para 3.08(c) in Chapter 3 of Foreign Trade Policy 2015-20
Facility to claim benefits under SEIS on payments in Indian Rupee for service charges earned on specified services, shall not be available for services rendered in FY 2019-20.
Insertion of para 3.10A in Chapter 3 of Foreign Trade Policy 2015-20
A limit on total entitlement under SEIS has been imposed for service exports rendered in FY 2019-20 and capped at Rs. 5 crore.
Insertion of para 3.10B in Chapter 3 of Foreign Trade Policy 2015-20
For SEIS claim for FY 2019-20, the deadline for filing the online application as per ANF 3B shall be December 31, 2021 and late cut provision shall not apply i.e. SEIS applications for FY 2019-20 will become time barred after December 31, 2021.
The Notification can be accessed at: https://content.dgft.gov.in/Website/dgftprod/4fdc4659-bdc3-47db-ad29-b85066a6cbfe/Notification%20No%2029%20dt%2023%2009%2021-English.pdf