whole procedure of sfis scheme

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MD HAMID (Querist)
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21 September 2010 can anybody kindly help me to know the whole procedure of SERVED FROM INDIA SCHEME(SFIS) i.e, where & how to apply for getting the benefits and all the procedure. thanks

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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21 September 2010 MD HAMID JI,

Government of India has introduced "Served from India Scheme" to facilitate exporter of various type of services. The objective of this scheme is to accelerate growth in export of services so as to create a powerful and unique 'Served From India' brand, instantly recognized and respected world over.

Under this scheme, Service Providers of more than 100 services like Professional Services, Computer Related services, Hotels, Restaurants, Educational Services, Research and Development services, Communication Services, Construction and Related Engineering Services, Distribution Service, Environmental related Services, Tourism and Transport related Services, Health Related Social Service, Recreational, Cultural and Sporting Services etc. (List is at Appendix 10 of Hand Book of Procedure on DGFT Website-

The above said service providers under are entitled for Duty Credit Scrip. Service providers, who have a total foreign exchange earning of at least Rs.10 Lakhs in preceding or current financial year shall qualify for Duty Credit Scrip. For Individual Service Providers, the criterion is reduced to Rs.5 Lakhs of foreign exchange earnings.

chapter-3 , of this scheme can be filed only in concerned REGIONAL LICENSING AUTHORITY.

FOR MORE INFO:-http://www.dgft.gov.in

REGARDS,

RAMESH VERMA

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