POLICY CIR NO. 06/2005-09, DT. 08/06/2005
- Document type
- Circular
- Reference no.
- I
- Dated
Clarification - Relating to exports of services by service provider under GATTs Agreement
Clarification - Relating to exports of services by service provider under GATTs Agreement
2. As per GATTs Agreement, such services can be rendered within the territory of service providers nationality, and therefore earning of free foreign exchange by providing services is the only way a service provider can export his services as defined in the above said Para.
3. It is therefore clarified that words "relating to exports" actually means "relating to exports of services by service provider under GATTs Agreement". It is reiterated that the provisioning of services; irrespective of import vessel and export vessel, that may have been serviced, is covered for benefits under this provision.
4. This issues with the approval of competent authority.
(Subhash. R)
Asstt. Director General of Foreign Trade