MEIS / SEIS LICENSE PURCHASE AND SALE SERVICE
It provides with a list of countries with ITC (HS) code wise list of products with reward rates in %. The benefit under this scheme ranges from 2% to 5% on FOB Value which depends on the country to which the goods are exported. The list of export categories/sectors which is ineligible for Duty Credit Scrip entitlement has been notified unless such categories/sectors are specially notified in Appendix 3B. Since this license is transferable, it can be sold at an average premium of 95% to 100% to importers for payment of Customs duties.
An eligible service provider for availing SEIS is the one, who islocated in India, providing notified services rendered in the specified manner shall be eligible for reward at the notified rate(s) on the net foreign exchange earned provided that the net free foreign exchange earnings of such service provider in the preceding year financial year is:
- US$ 10,000 for individual service providers and sole proprietorship
- US$ 15,000 for other service providers
Dear Mr. Santosh Rane
Greetings from Fronius India!
We are glad to inform you that we have successfully concluded the Year 2016 by achieving our Budget. When we look back, it brings in lot of smile & sense of Pride! J . I take this opportunity to thank you for all the smart work and dedication… Read more
Dear Mr. Mali,
This is to inform you that one shipment which landed in India today afternoon at 2.07 PM, got cleared from customs by your team at 5.50 PM.
We appreciate the efforts put in and great co-ordination by your import team – Mr. Sanjay/Mr. Shailendra/Ms Vrushali to clear the shipment with… Read more
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