<h1>India Launches Service Exports Scheme (SEIS) with Duty Credits to Boost Global Competitiveness in Trade Policy 2015-20.</h1> The Government of India introduced the Service Exports from India Scheme (SEIS) on April 1, 2015, as part of the Foreign Trade Policy 2015-20, replacing the previous Served from India Scheme. SEIS incentivizes service providers of specified services with Duty Credit Scrips, valued at 3 or 5% of their net foreign exchange earnings. These scrips are transferable and usable for paying various Central duties and taxes. Additionally, the Merchandise Exports from India Scheme (MEIS) rewards the export of goods manufactured in India through similar scrips. Both SEIS and MEIS aim to enhance the global competitiveness of Indian exports.