Govt extends services export period under SEIS upto Mar 31, 2017

The Dollar Business Bureau

The government has extended the period of services export for rewards under the Services Exports from India Scheme (SEIS) upto March 31, 2017.

Currently, the services and rates of rewards were applicable only for services exports made between April 1, 2015 and March 31 2016.

“The earlier notified period of services export rendered between 1-4-2015 to 31-03-2016, as per the list comprising rates and conditions for rewards under the SEIS notified vide Public Notice No.3/2015-20 dated April 1, 2015 as amended vide Public Notice no.42/2015-20 dated 26.10.2015, is extended upto 31.03.2017,” the Directorate General of Foreign Trade (DGFT) said in a notification on Friday.

The list of services/rate is subject to review with effect from April 1, 2017, the notification said.

DGFT, on April 1, 2015, had notified the list of eligible services, rates and conditions for rewards under the SEIS.

The list of eligible services with rates and conditions are given below:

S.

No.         SECTORS              Central product Classification (CPC) Code              Admissible rate in % (on Net Foreign Exchange Earnings)

1             BUSINESS SERVICES                        

1. Professional services                  
2. Legal services 861        5
3. Accounting, auditing and bookkeeping services 862 5
4. Taxation services 863        5
5. Architectural services 8671      5
6. Engineering services 8672      5
7. Integrated engineering services 8673      5
8. Urban planning and landscape architectural services 8674      5
9. Medical and dental services 9312      5
10. Veterinary services 932        5
11. Services provided by midwives, nurses, physiotherapists and paramedical personnel 93191   5

1. Research and development services                 
2. R&D services on natural sciences 851        5
3. R&D services on social sciences and humanities 852 5
4. Interdisciplinary R&D services 853        5

1. Rental/Leasing services without operators                  
2. Relating to ships 83103   5
3. Relating to aircraft 83104   5
4. Relating to other transport equipment 83101

83102

83105   5

1. Relating to other machinery and equipment 83106-83109      5

1. Other business services                 
2. Advertising services 871        3
3. Market research and public opinion polling services 864        3
4. Management consulting service 865        3
5. Services related to management consulting 866        3
6. Technical testing and analysis services 8676      3
7. Services incidental to agricultural, hunting and forestry 881        3
8. Services incidental to fishing 882        3
9. Services incidental to mining 883

5115      3

1. Services incidental to manufacturing 884

885        3

1. Services incidental to energy distribution 887        3
2. Placement and supply services of personnel 872        3
3. Investigation and security 873        3
4. Related scientific and technical consulting services 8675      3
5. Maintenance and repair of equipment (not including maritime vessels, aircraft or other transport equipment) 633

8861-8866          3

1. Building- cleaning services 874        3
2. Photographic services 875        3
3. Packaging services 876       3
4. Printing, publishing 88442    3
5. Convention services 87909   3

2             COMMUNICATION SERVICES                        

                Audiovisual services                         

1. Motion picture and video tape production and distribution service 9611      5
2. Motion picture projection service 9612      5
3. Radio and television services 9613      5
4. Radio and television transmission services 7524      5
5. Sound recording NA          5

3             CONSTRUCTION AND RELATED ENGINEERING SERVICES                  

1. General Construction work for building 512 5
2. General Construction work for Civil Engineering 513 5
3. Installation and assembly work 514 516 5
4. Building completion and finishing work 517 5

4             EDUCATIONAL SERVICES (Please refer Note 3)                      

1. Primary education services 921        5
2. Secondary education services 922        5
3. Higher education services 923        5
4. Adult education 924        5

5             ENVIRONMENTAL SERVICES                         

1. Sewage services 9401      5
2. Refuse disposal services 9402      5
3. Sanitation and similar services 9403      5

6             HEALTH-RELATED AND SOCIAL SERVICES                                 

1. Hospital services 9311      5

7             TOURISM AND TRAVEL-RELATED SERVICES                             

1. Hotels and Restaurants (including catering)                  
2. Hotel 641-643               3
3. Restaurants (including catering) 641-643               3
4. Travel agencies and tour operators services 7471      5
5. Tourist guides services 7472      5

8             RECREATIONAL, CULTURAL AND SPORTING SERVICES (other than audio visual services)                    

1. Entertainment services (including theatre, live bands and circus services) 9619      5
2. News agency services 962        5
3. Libraries, archives, museums and other cultural services 963 5
4. Sporting and other recreational services 964        5

9             TRANSPORT SERVICES (Please refer Note 4)                         

1. Maritime Transport Services                  
2. Passenger transportation* 7211      5
3. Freight transportation* 7212 5
4. Rental of vessels with crew * 7213      5
5. Maintenance and repair of vessels 8868      5
6. Pushing and towing services 7214      5
7. Supporting services for maritime transport 745        5

1. Air transport services                  
2. Rental of aircraft with crew 734        5
3. Maintenance and repair of aircraft 8868      5

c              Airport Operations and ground handling                                5

1. Road Transport Services  
2. Passenger transportation 7121 7122           5
3. Freight transportation 7123      5
4. Rental of Commercial vehicles with operator 7124      5
5. Maintenance and repair of road transport equipment 6112 8867           5
6. Supporting services for road transport services 744        5

1. Services Auxiliary To All Modes Of Transport                  
2. Cargo-handling services 741        5
3. Storage and warehouse services 742        5
4. Freight transport agency services 748        5

*Annexure to Appendix 3D 

Note 1: The services and rates of rewards notified against them shall be applicable for services export made between 1-4-2015 to 31-03-2017 only. The list of services/rate is subject to review with effect from 01-04-2017.

Note 2: The rate of reward for eligible services is subject to conditions as specified in FTP and HBP.

Note 3: For Educational Services, SEIS reward shall not be available on Capitation Fee.

Note 4: Under Maritime Transport Services marked with *[9A (a), (b) and (c)], the reward shall be limited to Operations from India by Indian Flag Carriers only.