Served From India Scheme (SFIS) - Review
GOVERNMENT has amended the Foreign Trade Policy to make certain changes in the Served From India Scheme (SFIS).
Earlier the benefits under SFIS were available to Services listed in Appendix 10 of HBPv1. Henceforth the benefits under SFIS will be available to Services listed in Appendix 41 of HBPv1.
Earlier the Eligibility for SFIS was based on Foreign Exchange earned in the current or previous year. Henceforth the Eligibility for SFIS will be based on Foreign Exchange earned in the current year only.
And consequently the Handbook of Procedures, Vol. 1 (HBPv1) is also modified with a new Appendix 41.
DGFT Notification No. 17/(RE-2010)/2009-2014, Dated: January 18, 2011
And
DGFT Public Notice No. 25/2009-2014 (RE- 2010), Dated: January 18, 2011