The Service Export from India Scheme (SEIS) is the Ministry of Commerce’s incentive through the Directorate General of Foreign Trade (DGFT) for the service exporters of India. This scheme is implemented with an aim to encourage service exports from India.
The scheme was earlier called Served from India Scheme (SFIS) for the financial year 2009-2014.
SEIS aims to maximize the export of notified/selected service exports from India. Under this scheme, the exporters of some specific services are entitled to a 3% / 5% / 7% incentive on Net Foreign Exchange that is earned through Duty Credit licenses. These SEIS licenses can further be utilized as a mode of payment of Import duty or can be encashed by selling it to the Importers.