SEIS- EXPORT OF MEDICAL BILLING SERVICE

[Richa Goyal]

We are working as a job worker for a Unit in USA- which does the work of medical billing. Medical billing is a process where the agent works for the doctor and is responsible for converting the doctors files into the medical terminology, processing the same, submitting it to the insurance company and is responsible for getting the dues from the insurance company to the doctor. we prepare all the document and send it to the USA company. Since, we are exporting the services, are we eligible under SEIS SCHEME? if yes, then under which category can we apply?

AI Summary

Eligibility Criteria for SEIS: Exporting Medical Billing Services Requires US$15,000 Net Earnings and Specific Documentation A user inquired about eligibility for the Service Exports from India Scheme (SEIS) for exporting medical billing services to a U.S. company. The process involves converting doctors' files into medical terminology and managing insurance claims. A respondent explained that eligibility requires minimum net foreign exchange earnings of US$15,000 (US$10,000 for sole proprietors) in the previous financial year. Necessary documents include a valid Importer Exporter Code (IEC), Registration with Export Promotion Council (RCMC), and certified foreign exchange earnings details. Applications must be submitted online with a digital signature. Further guidance was provided via a downloadable link.