Ramesh ji
Pl send me all details about Softex as like
Who will apply ? about return who will submit return? etc.
prateekraj87 @ gmail.com
PRATEEK RAJ SHRIVASTAV
(Assistant Manager Finance & Accounts )
(109 Points)
Replied 30 August 2012
Ramesh ji
Pl send me all details about Softex as like
Who will apply ? about return who will submit return? etc.
prateekraj87 @ gmail.com
Henil Shah
(Sr. Account Exicutive)
(200 Points)
Replied 20 March 2013
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 20 March 2013
I have read all the posts from learned Friends. Wanted to share that even non STPI registered units are liable to file SOFTEX with STPI within 30 days of date of export invoice. As they are non registered, a processing fee is payable based on turnover.
Regards,
RAMESH KUMAR VERMA
( CS PURSUING )
(43848 Points)
Replied 20 March 2013
RBI/2012-13/359
A.P. (DIR Series) Circular No. 66
January 1, 2013
To
All Category - I Authorized Dealer Banks
Madam / Sir,
Export of Goods and Services –
Simplification and Revision of Softex Procedure at SEZs
Attention of the Authorised Dealer Banks is invited to Regulation 6 of the Notification No. FEMA 23/2000-RB dated May 3, 2000 viz. Foreign Exchange Management (Export of Goods and Services) Regulations, 2000, as amended by the Notification No.FEMA.36/2001-RB dated February 27, 2001, in terms of which designated officials of the Ministry of Information Technology/ Ministry of Commerce and Industry(as the case may be), Government of India at the Software Technology Parks of India (STPIs) or at Free Trade Zones (FTZs) or Export Processing Zones (EPZs) or Special Economic Zones (SEZs), had been authorized to certify exports declared through SOFTEX Forms.
2. A revised Softex procedure was first introduced at the 5 designated centres of STPIs from April 1, 2012 vide A.P. (DIR Series) Circular No.80 dated February 15, 2012 and subsequently extended to all STPIs in India vide A.P. (DIR Series) Circular No.47 dated October 23, 2012.
3. It has now been decided to implement the revised Softex procedure at all SEZs/EPZs/100%EOU/DTA also with immediate effect.
4. As per the revised procedure, a software exporter either under STPIs or SEZs/EPZs/100%EOU/DTA, whose annual turnover is at least Rs.1000 crore or who files at least 600 SOFTEX forms annually on all India basis, will be eligible to submit statements in revised excel format sheets as per enclosed Annexures A & B. All other terms and conditions mentioned in the A.P. (DIR Series) Circular No.80 dated February 15, 2012 applicable to exporters of software situated in STPIs would remain unchanged.
5. Authorised Dealers may bring the contents of this circular to the notice of their constituents concerned.
6. The directions contained in this circular have been issued under Section 10(4) and Section 11(1) of the Foreign Exchange Management Act, 1999 (42 of 1999) and are without prejudice to permissions / approvals, if any, required under any other law.
Yours faithfully,
(Rashmi Fauzdar)
Chief General Manager
RAMESH KUMAR VERMA
( CS PURSUING )
(43848 Points)
Replied 20 March 2013