Whether DGFT has power to interpret the Foreign Trade Policy to exclude the ‘Indian Service Providers’ from the benefit of the SFIS

Whether DGFT has power to interpret the Foreign Trade Policy to exclude the ‘Indian Service Providers’ from the benefit of the SFIS https://www.taxtmi.com/article/detailed?id=6039 The DGFT's power to interpret the Foreign Trade Policy does not permit adding substantive eligibility conditions to the Served From India Scheme; paragraph 3.12.2 requires that beneficiaries be Indian Service Providers and meet foreign exchange receipt thresholds, but contains no shareholder-nationality or 'Indian brand' requirement. Companies incorporated in India are juristic entities and, absent ambiguity in the policy text, administrative bodies cannot import additional criteria that effectively amend the policy. en-us Tue, 03 Feb 2015 05:59:34 +0530 Tue, 03 Feb 2015 05:59:34 +0530 TaxTMI RSS Generator Whether DGFT has power to interpret the Foreign Trade Policy to exclude the ‘Indian Service Providers’ from the benefit of the SFIS https://www.taxtmi.com/article/detailed?id=6039 The DGFT's power to interpret the Foreign Trade Policy does not permit adding substantive eligibility conditions to the Served From India Scheme; paragraph 3.12.2 requires that beneficiaries be Indian Service Providers and meet foreign exchange receipt thresholds, but contains no shareholder-nationality or 'Indian brand' requirement. Companies incorporated in India are juristic entities and, absent ambiguity in the policy text, administrative bodies cannot import additional criteria that effectively amend the policy. Articles Customs - Import - Export - SEZ Tue, 03 Feb 2015 05:59:34 +0530 https://www.taxtmi.com/article/detailed?id=6039