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Introducing the “In Favour Of” filter in Case Laws.
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of <h1>Clarification on 'Service Provider' Definition under Foreign Trade Policy 2004-09 for Exports of Services in GATT Agreement.</h1> The circular clarifies the definition of a 'Service Provider' under the Foreign Trade Policy 2004-09, specifically regarding exports of services under the GATT Agreement. It states that a service provider includes any individual supplying services in India, where payments are made in free foreign exchange or Indian rupees considered equivalent by the Reserve Bank of India. The clarification emphasizes that 'relating to exports' pertains to the export of services as per the GATT Agreement, and services provided, regardless of the import or export vessel involved, are eligible for benefits under this provision. This clarification is issued with the approval of the competent authority.
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