Services Exports :
Services include all the tradable services covered under the General Agreement on Trade in Services where payments for such services are received in free foreign exchange. The service providers are entitled for the facilities mentioned hereafter.
The service providers shall be eligible for the facility of EPCG Scheme. The provisions of the Policy shall also extend to the service providers availing licenses under this scheme.
EOU / EPZ / SEZ / STP Scheme
The service providers shall also be eligible for the facility of EOU / EPZ / SEZ / STP Scheme.
Service providers may import drawings, designs, integrated circuits and layout designs, software in diskettes and CDs related to their line of services as a part of passenger baggage without a license.
Import of restricted items
Service providers shall be entitled to import restricted items upto 10% of the foreign exchange earned by them during the preceding licensing year for import of essential goods related to their line of business, including office and other equipment required for their own professional use.
The service providers are eligible for recognition as Service Export House, International Service Export House, International Star Service Export House and International Super Star Service Export House on achieving the respective performance level.
The service status holders indicated above are entitled to all the facilities.
Procedure for Grant of Recognition Certificate
Service provider eligible for recognition as Service Export House or International Service Export House or International Star Service Export House or International Super Star Service Export House should file an application along with the specified documents.
The eligibility criteria for such recognition shall be on the basis of the FOB / NFE value of export of services, including software exports made directly, as well as on the basis of services rendered by the service provider during the preceding three licensing years or the preceding licensing year, at the option of the exporter. The exports made, both in free foreign exchange and in Indian Rupees, shall be taken into account for the purpose of recognition.
The exports, made by a subsidiary of a limited company, having majority share holding the subsidiary shall be counted towards export performance or the limited company for the purpose of recognition.
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