Hi, we are doing digital advertisement, so want to know is it covered under SEIS in Advertising Services category.
Clarification regarding advertisement services in SEIS
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SEIS eligibility requires notified services rendered as specified and minimum net foreign exchange earnings for duty credit scrip.
SEIS rewards apply to notified services rendered in India only if performed in the manner prescribed by the policy; qualifying services and reward rates are listed in the designated appendix. Issuance of Duty Credit Scrip requires meeting a minimum net free foreign exchange earnings threshold in the preceding financial year, with a lower threshold specifically for Individual Service Providers and sole proprietors. (AI Summary)
SEIS rewards apply to notified services rendered in India only if performed in the manner prescribed by the policy; qualifying services and reward rates are listed in the designated appendix. Issuance of Duty Credit Scrip requires meeting a minimum net free foreign exchange earnings threshold in the preceding financial year, with a lower threshold specifically for Individual Service Providers and sole proprietors. (AI Summary)
TaxTMI