Rewarding export of notified goods to notified markets (categorized into 3 groups, viz. Country Group A, B and C) as a percentage of realized FOB value in free foreign exchange.
SEIS is available to ‘Service Providers located in India’ as against the earlier Served Form India Scheme available to ‘Indian Service Providers’; and SEIS reward rates specified for export of notified services would be based on net foreign exchange earned.