In the new Foreign Trade Policy- 2015-2020, (effective from 1 April 2015), Service Exports from India Scheme (also known as SEIS) has been announced by the Government.
Objective of SEIS
To encourage export of notified services from India. This Scheme has been announced under the New Foreign Trade Policy- 2015-2020 and has come into effect from 1 April 2015. In other words, the benefits and rewards under the scheme are admissible on exports of notified services rendered on or after 1 April 2015.
Salient Features of SEIS: