Andees Consulting Exports and Imports
Andees Consulting
Andees Consulting Andees Consulting Andees Consulting Andees Consulting Andees Consulting Andees Consulting Andees Consulting
Andees Consulting
Andees Consulting Andees Consulting Andees Consulting


Andees Consulting

Andees Consulting

Andees Consulting
Andees Consulting
Andees Consulting
 
SERVICE PROVIDERS
FTP provides benefits to service providers who plan to earn foreign exchange providing their services. The benefits are either at the stage of buying capital goods or even later after having provided the services. Service Providers like

Hotels,
Tour Operators, Taxi Operators,
Construction Companies,
Logistics companies
Leasing Companies
Consultants: Management, Engineering etc.
Manpower suppliers
Others

can utilize the scheme to import/procure from domestic market at a substantially reduced costs.

They can avail of
EPCG (EXPORT PROMOTION CAPITAL GOODS)
To reduce their Capital Goods cost. This way they can import at NIL duty instead of the normal total 25.852%. The Export Obligation can be fulfilled by Foreign Exchange Earnings through providing services, like that of Foreign Guests staying in the hotel, medical tourism etc.
SFIS (Served From India Scheme)
Which gives them a value of 10% of the FE earned from export of services in the previous year in the form of duty credit script. Hotels, travel agents, tour operators or tour transport operators and companies owning/operating golf resorts having SFIS scrip can import or domestically procure motor cars, SUVs and all purpose vehicles using SFIS scrips for payment of duties. Such vehicles need to be registered for “tourist purpose” only.

The Script can be used for duty free procurement of any Capital Goods or consumables related to any service sector business of the script holder, from International as well as domestic sources. In case of Hotels and Restaurants it can be used even for import of foods items and liquor.
WHAT WE DO
We can assist you in assessing the feasibility of the scheme for your exports/domestic supplies, planning for maximum benefits, documentation, application preparations, representation and coordination with DGFT and other concerned Government Departments till you finally get the Authorisation.

In case of domestic procurement we can assist in getting necessary invalidations from the authority, and the refund of Excise Duty.

Later we will assist you in redemptions of the Authorization.

We have also take matters of clarifications/relaxations etc. from the DGFT committees regarding SFIS and EPCG..
Andees Consulting

 Corp. Off.:

ANDEES CONSULTING
A-9 , (IInd Floor ), Chittranjan Park
New Delhi -110019
Tel: +91-11- 41600470
Fax: +91-11- 26272255
Mail: andees@vsnl.net

Branch Off.:
Chennai - 09840077073
                 044-65550481
Mumbai -  022-65291784
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