SEIS scheme for services rendered in FY 2019-20

List of eligible services and rates under SEIS for services rendered in FY 2019-20 is being notified. A limit on total entitlement under SEIS has been imposed for service exports rendered in the period 01.04.2019 to 31.03.2020, and capped at Rs. 5 Crores per IEC. Further, it has been notified that the facility to claim benefits under SEIS on payment in INR shall not be available for services in the FY 2019-20. It is also notified that the deadline for submission of SEIS applications for FY 2019-20 shall be 31.12.2021 and late cut provisions for such applications shall not apply i.e. SEIS applications for FY 2019-20 will become time barred after 31.12.2021.

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