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Remittances to be counted for the Served from India Scheme

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Full Text of the Document

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....that the benefit of duty credit under Served from India Scheme will be available only to those remittances which are received as service charges and fee levied for the specific services rendered by the applicant. For example for the financial services sector the following indicative list of foreign exchange remittance would not be counted for entitlement under the Scheme: i) Raising of all type....