List of services where payment has been received in Indian rupees which can be treated as receipt in Deemed Foreign Exchange as per guidelines of Reserve Bank of India
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....ts agents in India out of the amount remittable to the overseas principal, or out of remittances to be sent by the overseas buyer, for services rendered in Customs Notified Areas to a foreign liner (or procured by a foreign entity in case of services included in rental of vessels with crew) as listed below would be considered as deemed to be received in foreign exchange and deemed to be earned in foreign exchange and shall be eligible for issuing rewards under the Services Exports From India Scheme. However services provided in respect of 'vessel related charges for coastal and inland vessels' and 'cargo related charges' in respect of coastal cargo, coastal containers and coastal empty containers are to be excluded. In res....
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....bs. (VII) Hire of Fire Float Fire tender (VIII) Hire of Diving services. (IX) Services for providing pneumatic fender (including to and fro transportation of fenders at Dock/ Oil Jetties/ Barge Jetties/ IWAI Jetty/ Any other Jetty or Anchorage point) (X) Supply of skilled man-power for marine services. (XI) Pilot attendance Services at SPM. (XII) Reefer Container Charges. (XIII) Storage Services, shutout charges. (XIV) Terminal Handling Services. (XV) Stevedoring Services. (XVI) Cargo Dispatch Services. (XVII) Cargo Storage Services. (XVIII) Bunker Supply Services. (XIX) Garbage Collection Services. (XX) Slop Collect....
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....d as:- "APPENDIX 3E (Please read Para 3.08(c) of FTP and Public Notice No.3 dated 01.04.2015 List of services where payment has been received in Indian rupees which can be treated as receipt in Deemed Foreign Exchange as per guidelines of Reserve Bank of India Payments which have been received in foreign exchange or which would have been otherwise received in foreign exchange, but paid in Indian Rupees (INR), including through its agents in India out of the amount remittable to the overseas principal, or out of remittances to be sent by the overseas buyer, for services rendered in Customs Notified Areas to a foreign liner (or procured by a foreign entity in case of services included in rental of vessels with crew) ....
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....ous services to carry pilots and other crew from and to the shore, supply ship stores etc. (VI) Hire of launch for special jobs. (VII) Hire of Fire Float / Fire tender (VIII) Hire of Diving services. (IX) Services for providing pneumatic fender (including to and fro transportation of fenders at Dock/ Oil Jetties/ Barge Jetties/ IWAI Jetty/ Any other Jetty or Anchorage point) (X) Supply of skilled man-power for marine services. (XI) Pilot attendance Services at SPM. (XII) Reefer Container Charges. (XIII) Storage Services, shutout charges. (XIV) Terminal Handling Services. (XV) Stevedoring Services. (XVI) Cargo Dispatch Services. &n....


TaxTMI
TaxTMI