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4. SERVICE EXPORTS
Foreign Trade Policy 2004-09- Annual Supplement 2005
a. To enable the Service providers to upgrade the infrastructure in their associate companies, the goods imported under the ‘Served from India’ Scheme shall be transferable within the Group companies and managed hotels subject to Actual User condition.
b. At present, Hotels & Restaurants are required to submit a Chartered Accountant certificate that the entire duty benefits availed under the ‘Served from India’ Scheme have been passed on to the consumer. From now on, only a declaration will be submitted by the Hotels & Restaurants that the duty benefits shall be passed on to the consumer and no CA certificate will be required to be submitted.
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