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The schemes under Duty Credit Scheme:

What is Served From India Scheme?

Served From India Scheme helps to accelerate growth in export of services so as to create a powerful and unique ‘Served From India’ brand, instantly recognized and respected world over.
All Indian Service Providers, of services listed in Appendix 10 of HBPv1, who have free foreign exchange earning of at least Rs. 10 Lakhs in preceding financial year / current financial year shall qualify for Duty Credit Scrip.
For Individual Indian Service Providers, minimum free foreign exchange earnings would be Rs 5 Lakhs. 

Highlights of Served From India Scheme

All Service Providers shall be entitled to Duty Credit Scrip equivalent to 10% of free foreign exchange earned during current financial year. 

Utilisation of Served From India Scheme

Duty Credit scrip may be used for import of any capital goods including spares, office equipment and professional equipment, office furniture and consumables; that are otherwise freely importable and / or restricted under ITC (HS). Imports shall relate to any service sector business of applicant.
Entitlement / goods (imported / procured) shall be non transferable (except within group company and managed hotels) and be subject to Actual User condition.

What you can expect from us

We offer help to the exporters in considering their chances of various Duty Credit Schemes for foreign or domestic tradings,highlighting their way of maximum profit,preparing applications, documentations,co-ordination with DGFT and its other offices untill the issuance of the Served From India Scheme .

Download the application for Served from India Scheme (SFIS)