Scheme of software Technology Parks of India (STPI)


Ministry

Ministry of Communication and Information Technology Schemes

Description

This scheme is for the promotion of software exports from the country, Software Technology Parks of India was set up in 1991 as an Autonomous Society under Department of Electronics and Information Technology.

Sponsored By

Central Government of India

Objective

To promote software exports

Eligibility

Software companies

Beneficiaries

Software companies

Benefits

Customs duty exemption in full on imports; Central excise duty exemption in full on indigenous procurement; Central sales tax reimbursement on indigenous purchase against Form-C; All relevant equipment/goods including secondhand equipment can be imported (except prohibited items).

Equipment can also be imported on loan basis/lease.100% FDI is permitted through automatic route. Sales in the DTA up-to 50% of the FoB value of exports is permissible. Use of computer, imported for training permissible subject to certain conditions. Depreciation on computers at accelerated rates up to 100% over 5 years is permissible.

How To Apply

A Udyami Helpline: Dial 1800-180-6763 [Toll Free Number] for queries relating to this Schemes.

Through registration with www.stpi.in

Status

Active

Sector

Communication And Informaton Technology



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