LICENCES / Service Exports/ SFIS

Services include all 161 tradable services covered under General Agreement on Trade in Services (GATS) where payment for such services is received in free foreign exchange.

All provisions of this Policy shall apply mutatis mutandis to export of services as they apply to goods. Software exporters shall register themselves with Electronics and Software EPC.

Other service exporters shall register themselves with Federation of Indian Export Organisations (FIEO).

Served From India Scheme (SFIS)

Objective is to accelerate growth in export of services so as to create a powerful and unique 'Served From India' brand, instantly recognized and respected world over. All Indian Service Providers, of services listed in Appendix 1 0 of HBPv1, who have free foreign exchange earning of at least Rs. 10 Lacs in preceding financial year / current financial year shall qualify for Duty Credit Scrip.

For Individual Indian Service Providers, minimum free foreign exchange earnings would be Rs 5 Lakhs. Services and Service Providers as listed in Para 3 .6.1 of HBPv1 shall not be entitled for benefits under the SFIS scheme.

All Service Providers shall be entitled to Duty Credit Scrip equivalent to 10% of free foreign exchange earned during current financial year.

We Assist in

  • Understanding the scope of services covered under the scheme
  • Application and Issuance of SFIS Licences
  • Prompt follow up with DGFT/ Customs