https://www.taxtmi.com/caselaws?id=784185 Denial of SEIS duty credit scrip for FY 2016-17 was held unsustainable where export of engineering services occurred in FY 2016-17 but foreign exchange was realized in FY 2017-18. Form ANB 3B permits claiming SEIS for foreign exchange earned in a financial year relating to services exported in the preceding year; hence, receipt in the subsequent year could not be the basis to refuse the FY 2016-17 claim, and the rejection was set aside. Further, exclusion of amounts attributed to travel/transport, inspection, R&D, software, and re-invoicing was erroneous because these earnings formed part of the exported engineering services and, upon foreign exchange realization, qualified for SEIS; the rejection on this ground was also set aside. The writ petition was allowed with directions. en-us Tue, 02 Dec 2025 00:00:00 +0530 Tue, 30 Dec 2025 09:29:58 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=784185 Denial of SEIS duty credit scrip for FY 2016-17 was held unsustainable where export of engineering services occurred in FY 2016-17 but foreign exchange was realized in FY 2017-18. Form ANB 3B permits claiming SEIS for foreign exchange earned in a financial year relating to services exported in the preceding year; hence, receipt in the subsequent year could not be the basis to refuse the FY 2016-17 claim, and the rejection was set aside. Further, exclusion of amounts attributed to travel/transport, inspection, R&D, software, and re-invoicing was erroneous because these earnings formed part of the exported engineering services and, upon foreign exchange realization, qualified for SEIS; the rejection on this ground was also set aside. The writ petition was allowed with directions. Case-Laws Customs Tue, 02 Dec 2025 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=784185