Amended SEIS Rules

17 Jun, 2019

Public Notice No. 06/2015-2020  Dated. 7th  May, 2019

Issued By. DGFT

In exercise of powers conferred under paragraph 1.03 of the Foreign Trade Policy (2015-2020), the Director General of Foreign Trade hereby makes the following amendments in the ANF 3B of the Handbook of Procedures, 2015-20 as notified vide Public Notice 15 /2015-20 dated 28.06.2018.

Heading/ Field of ANF 3B

Current Provision

Amended Provision

Guidelines    for applicants

 

1. Documentary evidence of  payments which are approved by RBI as deemed to be received in foreign exchange and deemed to be earned in foreign exchange for services in Appendix 3E

1. Documentary Evidence in the form of a CA/CWA/CS Certificate, which certifies that payments in INR for services rendered as under Appendix 3E have been scrutinized and these payments in INR are approved under RBI guidelines as deemed to be received in foreign exchange and deemed to be earned in foreign exchange - is required to be submitted by applicants which claims benefits for INR payments.

Annexure B

No Proviso at present

A proviso is added as below:

B1. For the service categories, Medical and Dental Services (Provisional CPC 9312), Hospital Services (Provisional CPC 9311) and Hotels and Restaurants (including catering) (Provisional CPC 641-643), invoice-wise matching with FIRC/proof of payment will not be required and instead, a consolidated statement of both invoices and FIRCs/proofs of payment may be submitted.

 

Effect of this Public Notice: Certain amendments have been made in the 3B for applying for SEIS benefits under the FTP

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