DGFT has issued SEIS benefits for FY 2019-20 by offering a reward @ 3%/5 % of NFE.
A limit on total entitlement under SEIS capped at Rs. 5 Cr per IEC.
SEIS on ‘Management Consulting Service’, ‘Technical Testing and Analysis Service’, ‘Supporting Service for Maritime Transport’, ‘Cargo Handling Service’ discontinued for FY 2019-20.
SEIS on payments in Indian Rupees shall not be available for services rendered in the FY 2019-20.
Deadline for submission of SEIS applications for FY 2019-20 shall be 31.12.2021 and late cut provisions for such applications shall not apply i.e., SEIS applications for FY 2019-20 will become time barred after 31.12.2021.
DGFT Notification No. 29/2015-2020