STPI Scheme (Software Technology Parks of India)

The STPI Scheme, governed by the Ministry of Electronics and Information Technology (MeitY), is designed to promote the development and export of software and IT-enabled services from India. It provides a range of fiscal, infrastructural, and regulatory benefits to IT and ITeS companies operating under the scheme.

SS Industrial Consultancy offers expert advisory and facilitation services for companies looking to register, operate, and benefit under the STPI Scheme.

Key Objectives of the STPI Scheme:

• Promote software exports, R&D, and innovation in the IT sector

• Facilitate single-window clearances and regulatory compliance

• Support the growth of startups and MSMEs in the software domain

• Establish and manage Software Technology Parks (STPs) across India

Benefits Under the STPI Scheme:

• 100% Income Tax Exemption under Section 10A (for eligible units before sunset clause)

• Custom duty exemption on import of capital goods

• Central Excise duty exemption on procurement of indigenous goods

• Simplified compliance and statutory support

• Single-window clearance for approvals and permissions

• Permission to set up units anywhere in India (non-STP premises also allowed)

• Green channel for import and export clearance

• Reimbursement of expenses on testing and certification from recognized labs

• Access to state-of-the-art STPI infrastructure with high-speed data connectivity

Services Provided by SS Industrial Consultancy:

• End-to-end STPI unit registration and documentation

• Project report preparation and submission

• Filing of applications and follow-up with STPI authorities

• Guidance on customs bonding, SOFTEX filing, and STPI compliances

• Regular advisory on submission of performance reports and statutory returns

• De-bonding and exit process facilitation

• Support in availing incentives under other central/state IT policies

Who Can Avail the STPI Scheme?

• Software Development Companies

• IT Enabled Services (ITeS) Providers

• BPO / KPO / LPO Firms

• Data Analytics & AI Startups

• Embedded Software and IoT Product Developers

• FinTech, EdTech, HealthTech, and SaaS Firms

• R&D Labs and Design Centers

Compliance & Reporting:

• SOFTEX Forms for foreign exchange realization

• Annual Performance Reports (APR) submission

• Customs bonding and re-export obligations

• Transfer of assets with STPI approval

• Service Export performance evaluation by STPI

Documentation Required:

• Company incorporation documents

• Detailed project report

• Board resolution and lease agreement

• Bank details and foreign currency projection

• List of capital goods to be imported or procured

Contact SS Industrial Consultancy

Email: info@ssconsultancy.net
Phone: +91 92468 22006