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The new five year Foreign Trade Policy (FTP) 2015-2020 introduces the Service Exports from India Scheme (SEIS). This reward scheme shall come into force from the date of notification i.e. 1.04.2015. The rewards under S.E.I.S. shall be admissible for services rendered on or after the date of notification of this Policy.
S.E.I.S. is an Incentive scheme through which, Government nurture Service Exporter by way of several incentives. Through this scheme, the infrastructural inefficiencies attached to the present system of trading in India is intended to be reduced along with prime focus of generating more employment opportunities and Forex Reserves.