STPI Compliances
This query is : Resolved
21 January 2010
Can anyone pls provide details of compliances & returns to be made under the STPI Act..
31 March 2010
Any feedback..?
25 July 2025
Sure! Here’s a concise overview of **STPI (Software Technology Parks of India) compliances and returns** that companies need to adhere to:
---
### STPI Compliances & Returns Overview
**1. Annual Returns / Reports**
* Submit an **Annual Performance Report (APR)** to STPI every year.
* The APR includes details like export turnover, manpower, software products, and infrastructure used.
* Due date: Usually within 60 days from the end of the financial year.
**2. Quarterly / Half-Yearly Reports**
* Some STPI units may be required to submit quarterly or half-yearly reports on exports and operational status.
* These may include details about foreign exchange remittances and shipment of software products.
**3. Foreign Exchange Reporting**
* Report all foreign exchange receipts related to exports to STPI authorities.
* Submit Bank Realisation Certificates (BRCs) or Foreign Inward Remittance Certificates (FIRCs) as proof of remittances.
**4. Utilization of Premises**
* Ensure that the unit operates within the STPI-approved premises.
* Any change in location or premises requires approval from STPI.
**5. Adherence to Export Obligations**
* STPI units must export software/services and achieve minimum export targets.
* Maintain records of exports to validate compliance.
**6. Statutory Filings**
* Apart from STPI-specific reports, companies must comply with:
* Income Tax returns
* GST returns
* ROC filings (if applicable)
---
### Key Points to Remember
* Non-compliance may lead to cancellation of STPI registration and loss of export benefits.
* Maintain proper documentation and timely submission of reports.
* Stay updated with any amendments from the STPI Authority or MeitY (Ministry of Electronics and IT).
---
If you want, I can help you draft a checklist or templates for these reports. Would that be helpful?
---
### STPI Compliances & Returns Overview
**1. Annual Returns / Reports**
* Submit an **Annual Performance Report (APR)** to STPI every year.
* The APR includes details like export turnover, manpower, software products, and infrastructure used.
* Due date: Usually within 60 days from the end of the financial year.
**2. Quarterly / Half-Yearly Reports**
* Some STPI units may be required to submit quarterly or half-yearly reports on exports and operational status.
* These may include details about foreign exchange remittances and shipment of software products.
**3. Foreign Exchange Reporting**
* Report all foreign exchange receipts related to exports to STPI authorities.
* Submit Bank Realisation Certificates (BRCs) or Foreign Inward Remittance Certificates (FIRCs) as proof of remittances.
**4. Utilization of Premises**
* Ensure that the unit operates within the STPI-approved premises.
* Any change in location or premises requires approval from STPI.
**5. Adherence to Export Obligations**
* STPI units must export software/services and achieve minimum export targets.
* Maintain records of exports to validate compliance.
**6. Statutory Filings**
* Apart from STPI-specific reports, companies must comply with:
* Income Tax returns
* GST returns
* ROC filings (if applicable)
---
### Key Points to Remember
* Non-compliance may lead to cancellation of STPI registration and loss of export benefits.
* Maintain proper documentation and timely submission of reports.
* Stay updated with any amendments from the STPI Authority or MeitY (Ministry of Electronics and IT).
---
If you want, I can help you draft a checklist or templates for these reports. Would that be helpful?
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