In a welcome move, the Directorate General of Foreign Trade (DGFT) has extended the benefit under the Services Exports from India Scheme (SEIS) for the period between April 1, 2016, to March 31, 2017. This ends uncertainty and comes when exporters are reeling under the impact of lower realisations, due to a stronger rupee.
DGFT should now try to resolve a new problem that exporters of services face. The procedures for claiming the SEIS benefit include a certificate from a chartered accountant (CA) in the format prescribed, as an annexure to application form ANF-3B. It requires the CA to verify
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