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Benefits for Consulting Companies under the SEIS scheme

Posted in CBEC Service Tax

Dated: 10.02.2019

Types of Operation to Claim benefits under SEIS Scheme

Under the SEIS scheme Consulting firms can claim benefit as per their operations as per the below given 4 modes of their services operation.

CONSULTANCY SERVICES

General Agreement on Trade in Services (GATS) covers four modes of delivery of services in cross border trade. Typical examples of trade in Consultancy Services in four modes of supply are as under:

Cross Border Services 
(Mode 1)

Cross border supply of consultancy services using technological means.

For Example:- An Indian Consultant prepares an organization analysis for a USA based client and communicates the same via email.

Consumption abroad 
(Mode 2)

Usage of consultancy services in the territory of another country.

For Example: An American client visits India and uses the services of consultancy firm.

Commercial Presence 
(Mode 3)

Expansion of a Consultancy firm into a foreign country.

For Example: An Indian consultancy firm establishes an office in USA.

Movement of natural persons (Mode 4)

Consultants enter into a foreign territory to provide their services.

For Example: An Indian Consultant Provides his services by visiting a client in USA.

 

Source: Services Export Promotion Council, Min of Commerce, Govt of India

FOR FURTHER ASSISTANCE PLEASE CONTACT–

M/s S.J. EXIM Services- Q-Freight Team
CP: Mr. Ravi Jha
Mob: +91-9999005379

Web: www.sjeximtech.com

Email: rsj@sjeximtech.com  or intelconsul@gmail.com

Disclaimer: Please refer to official sources before effecting a decision.

“We Provide Specialized Services / Consultancy on the subject matter. Please provide a detailed outline of your Query / Requirement through email only”.

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