3.12.4

Entitlement

Service Providers of services listed in Appendix 41 of HBPv1 would alone be eligible. Such eligible service providers will be entitled to Duty Credit Scrip equivalent to 10% of free foreign exchange earned during current financial year (w.e.f 1.1.2011). For services rendered prior to 1.1.2011, Appendix 10 of HBPv1 would be applicable. SFIS benefit will be allowed on the Net Foreign Exchange earned.

(Last sentences at para 3.12.4 has been added vide NOTIFICATION NO. 03/2013, DT. 18/04/2013)