| Healthcare & Education | | In order to enable Healthcare and Educational Institutions to have world-class state-of-the-art infrastructure, service providers in these sectors shall, as for other service sectors, be entitled to duty credit equivalent to 10% of the foreign exchange earned by them in the previous financial year.
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| | | (i) | The foreign exchange turnover for Healthcare Institutions would include amounts earned through medical treatment, surgery, testing, consultancy and health care provided by the institution.
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| | | (ii) | The foreign exchange turnover for Educational Institutions would include amounts earned through the courses and consultancy provided by the institution.
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| | | (iii) | In either case, it will not include foreign exchange remittances through any other source including equity participation, donations etc. | |
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| | | (iv) | The capital goods and the consumer goods imported under the duty free entitlement shall have a nexus with the activities of the healthcare or educational institutions concerned.
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