Incentive script under SFIS scheme

[N Balachandran]

Dear sir,

I would like to have the clarififcation  regarding the availablity of Incentive Script  Under SFIS scheme  for Design, supply,Erection and construction of Oil Storage tank outside  india. Can avail the benefit under SFIS scheme, Pl clarify

 Regards

 N.Balachandran 

AI Summary

Eligibility for Incentive Script under SFIS Scheme Analyzed; Refer to FTP Paragraphs 3.11, 3.12 for Guidance A query was raised regarding the eligibility for an Incentive Script under the SFIS scheme for the design, supply, erection, and construction of an oil storage tank outside India. The response advised consulting paragraphs 3.11 and 3.12 of the Foreign Trade Policy, suggesting that the activity might fall under Serial No. (e) of 1A Engineering Service within Professional Services, as outlined in Appendix 41 of the FTP. It was noted that conditions specified in paragraph 3.12 must be met to qualify for the SFIS benefits.