Revised softex procedure is applicable to software exporter with following criteria:
Four copies (Original/duplicate/Triplicate/quadruplicate) of Annexure A needs to be submitted for attestation in soft copy as well as hard copy.
Softex numbers will be issued by the Reserve Bank of India. The exporters should apply to the Reserve Bank of India to issue the numbers for their yearly requirements (Need to give the address). Exporters are encouraged to use one softex number for each invoice.
Only Annexure A and B are required to be filed. No further documents need to be attached. The STPI centre will call for documents on samples basis for specific invoices, which the exporter would need to submit within 15 days of the information asked.
NO, Annexure A, is required to be filed per LOA/LOP and per Authorized Dealer. Say, for example, if a company has 5 licenses in Pune and one Authorized Dealer, it will file 5 Annexure A clearly identifying the invoice wise break up and other details.
In the new softex submission process, STPI centre will be sending the attested soft copy by email to both Authorized Dealers as well as Exporter, hence it is important to give the information on email id. Exporters and Authorized Dealers are encouraged to create generic email id which is person independent.
Yes, an exporter can collect export proceeds with more than one Authorized Dealers.
There is no change here. It continues to be governed by MASTER CIRCULAR NO. 10/2011-12, DATED 1-7-2011.
It is effective April 2012 in STPs Bangalore, Hyderabad, Chennai, Pune, Mumbai and for other STPs and SEZs, it will be effective based on successful implementation of these five centres.
Soft copy should be sent by CD or email ID of designated officer of STPI by digital signature under password protect file.
Numeric code to be used for country and currency code instead of alphabetic code.
Unit have to submit the require information within 15 days by soft and hard copy as required by STPI.
STPI may ask entire documents if any discrepancy observed in documents at the time random selection in both soft and hard copy.
FREQUENTLY ASKED QUESTIONS ABOUT STPI POLICY & PROCEDURES
This collection of Frequently Asked Questions (FAQ) provides brief answers to many common questions about STPI Guwahati policy & procedures. It also provides links to more detailed information available from this web site. Please check here for answers before posting a question to STPI Personnel.
The Software Technology Park (STP) scheme is a 100% export oriented scheme for the development and export of computer software using data communication links or in the form of physical media including the export of professional services.
The major attraction of this scheme is single point contact service to the STP units.
STP units are exempted from payment of corporate income tax for a block of 10 years (Applicable only for the units who are registering on or before 31st March 2000)
All the imports of Hardware & Software in the STP units are completely duty free. Import of second hand capital goods is also permitted.
An Indian company
A Subsidiary of a Foreign Company
A branch office of Foreign Company
In order to become certified member unit under STP scheme, approval from the competent authority is required. The following steps are involved for obtaining approval:
An application in the prescribed format for registering and establishing a STP unit is to be submitted to Software Technology Parks of India.
The application should be along with the details of the Software Project in terms of strengths, area of expertise, marketing arrangement, business plans, means of finance.
100% Foreign Direct Investment, NRI-Repatriable, NRI-Non Repatriable, Resident Holding and combination thereof is allowed
Depending on the pattern of the investment the following time frame
Private Bonded Warehouse is a warehouse declared by Customs Authorities for carry on Export Processing under STP Scheme.
Yes operation under STP Scheme can be carried from different location.
Yes, subject to meeting the Minimum Export Performance STP unit can do business in the DTA.
Capital Goods is the Hardware and infrastructure the unit is envisaging to import to set up the STP for a value
Subsequent to the approval granted by STPI, the approved unit will be signing a legal agreement, with a list of capital goods and Indigenous purchases for attestation to obtain Private Bonded Warehouse License from Customs Department.
A unit operating under STP scheme can always expand its operations to new location.
Importer Exporter code is a unique code number issued/required to every Importer-Exporter. An IE code be obtained by the companies operating under STPI by filling necessary application.
DTA a.k.a. Domestic Tariff Area. The units operating under STP Scheme can access Domestic Tariff Area (DTA) up to the level of 50% of the worth of software exported in value terms.
A unit operating under STP Scheme can import capital goods (i.e., Computer Hardware & Software and basic infrastructure support) without paying any Customs Duty, as may be levied to the importer in normal cases.