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Services eligible for SFIS now defined, limiting scheme benefits to listed service sectors and excluding telecom and airlines. Appendix 41 to the Handbook of Procedures, effective 1 January 2011, prescribes a closed list of service sectors and sub sectors entitled to benefits under the Served From India Scheme; services not listed are ineligible for SFIS benefits on foreign exchange earned from that date. The Notice deletes the Telecom paragraph and removes the word 'Airlines' from the ineligible remittances provision in Para 3.6.1 to align exclusions with Appendix 41. Annexure 1 enumerates qualifying categories including business, communication, construction, education, environmental, health, tourism, recreational and transport services.
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Services eligible for SFIS now defined, limiting scheme benefits to listed service sectors and excluding telecom and airlines.
Appendix 41 to the Handbook of Procedures, effective 1 January 2011, prescribes a closed list of service sectors and sub sectors entitled to benefits under the Served From India Scheme; services not listed are ineligible for SFIS benefits on foreign exchange earned from that date. The Notice deletes the Telecom paragraph and removes the word "Airlines" from the ineligible remittances provision in Para 3.6.1 to align exclusions with Appendix 41. Annexure 1 enumerates qualifying categories including business, communication, construction, education, environmental, health, tourism, recreational and transport services.
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