SEIS – Export Incentive to Service Industry

Summary: An Indian subsidiary can generally claim SEIS for services exported to a foreign parent company if the services fall under the notified list (Appendix 3D), are provided via Mode 1 or 2, and result in genuine net foreign exchange earnings. You must have a valid IEC at the time of export and maintain proper documentation (invoices, FIRC, and CA certification) to substantiate that the USD received is payment for services rather than capital/investment inflows.