MEMBERS' GUIDE >> STP UNITS
 
       
Registration Eligibility | Registering Authorities
 
EXPORT ACTIVITIES
Development of software in India.
Onsite Consultancy Services for development of software at the client's site abroad.
IT enabled products or services.
 
 
NOTE: IteS includes Data Processing, Engineering and Design, Back Office Operations, Call Centers, Medical Transcription, Content Development or Animation, Geographic Information System Services, Human Resource Services, Insurance Claim Processing, Legal Databases, Payroll, Remote Maintenance, Revenue Accounting Support Centers and Website services provided payments for such services are received by the company in free foreign exchange.
 
BENEFITS & FACILITIES
A software development and/or IT-enabled concern may find it convenient to get itself registered under the STP scheme in order to avail the following benefits and use the facilities outlined below:
  BENEFITS
Income tax holiday as per section 10A of the IT Act.
100% customs duty exemption on imports of capital equipments.
Central Excise Duty Exemption in full on indigenous procurement.
Central Sales Tax reimbursement on indigenous procurement.
100% foreign equity investment in the companies permissible under the 'Automatic Route' of RBI.
Sales in the DTA (Domestic Tariff Area) up to 50% of the foreign exchange earned by the STP/EHTP unit.
 
  FACILITIES
Single Window clearance and approval.
Green card enabling priority treatment.
Certification of Import.
Imports on loan or lease basis are permissible.
Second hand equipments can be imported.
No separate Import/Export license required.
Certification of Excise Duty Exemption.
DTA Sales Approval.
Change of Company name.
Change of location.
Shifting/Transfer of Capital Goods.
Certification of Export of Software.
De-bonding.
Sub-contracting.
Donation of Bonded Computers without duty pay-back.
Certification of Performance.
 
 
Registration Eligibility | Registering Authorities
 
 
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