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Export Activities | Benefits & Facilities | Registration Procedure

REGISTERING AUTHORITIES

IMSC, NEW DELHI - FOR THE UNITS HAVING FOREIGN INVESTMENTS:

Approval of the Inter Ministerial Standing Committee, New Delhi, will be required for registration under the STP Scheme involving foreign investment under the following categories:

	Investments exceeding Rs.600.00 crores.
	Acquisition of shares in an existing company by foreign/NRI/OCBs.
	Where the investment proposed is otherwise than by actual remittance of funds in foreign exchange.

DIRECTOR, STP - FOR FOREIGN INVESTMENT UNDER AUTOMATIC ROUTE :

Director, STP will be issuing Letter of Permission in case of foreign investments upto 100% subject to a maximum limit of Rs.600.00 crores in the IT industry under the Automatic Route of RBI. Such investments should be by actual remittance of money in foreign exchange.

DIRECTOR, STP – IN ALL OTHER CASES :

All other applications for registration under the STP Scheme meeting the eligibility criteria will be cleared with its approval to be accorded by the Director, STP within 2 weeks.

Export Activities | Benefits & Facilities | Registration Procedure