https://www.taxtmi.com/news?id=17081 The Service Exports from India Scheme (SEIS) issues transferable Duty Credit Scrips to notified service providers based on net foreign exchange earnings; these scrips, introduced from April 1, 2015 and replacing the earlier Served from India arrangement, may be used to pay various Central duties and taxes including basic customs duty. The Merchandise Exports from India Scheme (MEIS) similarly rewards goods exports produced in India with transferable Duty Credit Scrips under the Foreign Trade Policy, 2015-20, with both schemes intended to boost export competitiveness. en-us Wed, 14 Dec 2016 17:00:06 +0530 Wed, 14 Dec 2016 17:00:06 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=17081 The Service Exports from India Scheme (SEIS) issues transferable Duty Credit Scrips to notified service providers based on net foreign exchange earnings; these scrips, introduced from April 1, 2015 and replacing the earlier Served from India arrangement, may be used to pay various Central duties and taxes including basic customs duty. The Merchandise Exports from India Scheme (MEIS) similarly rewards goods exports produced in India with transferable Duty Credit Scrips under the Foreign Trade Policy, 2015-20, with both schemes intended to boost export competitiveness. News - Wed, 14 Dec 2016 17:00:06 +0530 https://www.taxtmi.com/news?id=17081