Wait...
Search Global Export Import Trade Data
Recent Searches: No Recent Searches

Date: 22-05-2018
Notification No: DGFT Policy Circular No. 06/2015-20
Issuing Authority: DGFT  
Type: Circular
File No: (Issued from File No.01/61/180/54/AMI7IPC-3)
Subject: Service Providers (and not Ports) are eligible for SFIS/SFIS benefit.

Government of India
Department of Commerce
Directorate General of Foreign Trade

Policy Circular No. 06 /2018

Date: 22nd May 2018

To

1. All Regional Authorities of DGFT

2. All Exporters/Members of Trade

This Directorate has received references from exporters providing portrelated services seeking clarification whether the actual service providersrendering the eligible services should be entitled for the SFIS/SEIS benefits orthe aggregator of services (Ports).

2. The issue has been examined in this Directorate in the light of theapplicable FTP Provisions and through inter-ministerial consultations as wellas opinion received from Ministry of Law and Justice.

3. It is clarified that the actual Service Providers (and not Ports) areeligible for SFIS/SEIS benefit in respect of their share of earnings made byperforming the notified services under SFIS/SEIS Scheme.

4. The aggregator of services (Ports) shall be entitled for benefits underSFIS/SEIS for services exclusively rendered by them and for which the foreignexchange earnings (or INR payments as allowed under the scheme) arereceived and retained by them on this account. The Ports cannot claim benefitsto the extent of free foreign exchange earnings (or INR payments as allowedunder the scheme) simply routed through them as receipt of service chargeswith regard to services rendered by other actual service providers.

5. It should be ensured that there is no double claim by the aggregator(port) and the actual service providers.

6. This issue with the approval of the Competent Authority

(Issued from File No.01/61/180/54/AMI7IPC-3)

LokeshHD
Joint Director General of Foreign Trade

       

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 25-11-2022
NOTIFICATION No. 61/2022-Customs
Seeks to amend certain specific FTA/PTA notifications.

Date: 23-11-2022
NOTIFICATIONNo. 23/2022 – Central Tax
Seeks to empower the Competition Commission of India to handle anti-profiteering cases under CGST Act, 2017 with effect from 01.12.2022.

Date: 23-11-2022
NOTIFICATION No. 24/2022 – Central Tax
Seeks to make fourth amendment (2022) to CGST Rules with effect from 01.12.2022.

Date: 18-11-2022
Notification No. 58/2022-Customs
Seeks to amend Notification No. 27/2011- Customs, dated the 1st March, 2011 in order to withdrawal export duty on iron ore & steel products.

Date: 18-11-2022
Notification No. 59/2022-Customs
Seeks to amend Notification No. 50/2017-Customs, dated the 30th June, 2017 in order to withdrawal BCD exemption on Anthracite and PCI Coal, Coke & Semi coke and ferronickel.

Date: 18-11-2022
Notification No. 60/2022-Customs
Seeks to amend Notification 11/2021-Customs, dated the 1st February, 2021 in order to withdrawal AIDC exemption on Anthracite ,PCI Coal and Coking Coal.

Date: 17-11-2022
Notification No. 97 /2022 - Customs (N.T.)
Seeks to giv exemption from BCD for the motor car if imported by the Governor of the state .

Date: 17-11-2022
Notification No. 57/2022-Customs
Seeks to giv exemption from BCD for the motor car if imported by the Governor of the state .

Date: 16-11-2022
Notification No. 38/2022-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude.

Date: 16-11-2022
Notification No. 39/2022-Central Excise
Seeks to further amend No. 04/2022-Central Excise, dated the 30th June, 2022 , to reduce the Special Additional Excise Duty on Diesel.



Exim Guru Copyright © 1999-2022 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001