Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

List of services where payment has been received in Indian rupees which can be treated as receipt in Deemed Foreign Exchange as per guidelines of Reserve Bank of India

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... its agents in India out of the amount remittable to the overseas principal, or out of remittances to be sent by the overseas buyer, for services rendered in Customs Notified Areas to a foreign liner (or procured by a foreign entity in case of services included in rental of vessels with crew) as listed below would be considered as deemed to be received in foreign exchange and deemed to be earned in foreign exchange and shall be eligible for issuing rewards under the Services Exports From India Scheme. However services provided in respect of 'vessel related charges for coastal and inland vessels' and 'cargo related charges' in respect of coastal cargo, coastal containers and coastal empty containers are to be excluded. I .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (VIII) Tug Services. (IX) Pilot cancellation Charges. f. Supporting services for maritime transport. (I) Port dues for entry of vessels. (Il) Service Charges for Supply of water/fresh water to vessels. (III) Berth hire Services. (IV) Anchorage Services for stay of vessels at Anchorage. (V)Tug hire for miscellaneous services to carry pilots and other crew from and to the shore, supply ship stores etc. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (XXIV) Inter-carting Services. (XXV) Packing Services. (XXVI) Survey Inspection Services (XXVII) Barge Charges (XXVIII) Ship chandling Services (XXIX) Shore Crane Hire Services (XXX) Equipment Hire Services viz Forklift, Excavator, Payloader, Reach Stacker, Empty Handler, Hydra, Screening Net, Gangway, Grab, Hydra Cranes, Generator, Power supply, etc. (XXXI) Gangway hire Services (XXXII) Security Services for prov .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ed 01.04.2015 List of services where payment has been received in Indian rupees which can be treated as receipt in Deemed Foreign Exchange as per guidelines of Reserve Bank of India Payments which have been received in foreign exchange or which would have been otherwise received in foreign exchange, but paid in Indian Rupees (INR), including through its agents in India out of the amount remittable to the overseas principal, or out of remittances to be sent by the overseas buyer, for services rendered in Customs Notified Areas to a foreign liner (or procured by a foreign entity in case of services included in rental of vessels with crew) as listed below would be considered as deemed to be received in foreign exchange and deem .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (VI) Cold movement Services. (VII) Pullback tug Services for Single Point Mooring (SPM) operations. (VIII) Tug Services. (IX) Pilot cancellation Charges. f. Supporting services for maritime transport. (I) Port dues for entry of vessels. (II) Service Charges for Supply of water/fresh water to vessels. (III) Berth hire Services. .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... (XIX) Garbage Collection Services. (XX) Slop Collection/ Disposal Services. (XXI) Tank Washing Services. (XXII) Internal Transportation Services. (XXIII) Warehousing Services. (XXIV) Inter-carting Services. (XXV) Packing Services. (XXVI) Survey Inspection Services (XXVII) Barge Charges .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates