SOFTEX - when to file?

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Is Softex forms necessary for software/services exports ?

I like to know if its necessary to make softex forms for software/services export from India. i know many people who export software and even did not hear about these forms. And if not then what is the procedure with the Bank to be followed if we receive the remittance for software export..
 
Is it required for a sole proprietorship company which is not registered under any STPI and so avail no tax benefits on the same? Also: if the company is paying full 30+ corporate tax.
 
Please answer.
Replies (19)

Only for STPI registered units its mandatory to file Softex forms to the concerned STPI on monthly basis.oOnly

rubela shome ,

kindly refer the circular no. 9 october 25, 2001 , export of goods of services - certification of SOFTEX FORM and reply of your answer is :-

Checklist for the Invoice enclosed with Softex forms in respect to

 

Buyers name and address should be cross verified with export order
Check for Invoice No. & Date.
Check for Importer’s and Exporter’s Code Number.
Check for Data Comm. Services (STPI / VSNL / DOT / Internet / Others).
Check for the Export Destination
Check for Export / Agreement / Contract / Purchase Order No. & Date.
Check for Currency and Amount
Check for Banker’s Name and Address
Check for Authorised Dealer’s Code No.

Check for the Authorised Signature

A REQUEST LETTER WITH RELEVANT FORMS AND CORRESPONDING INVOICES BASED ON MEDIA OF EXPORTS SHOULD BE SUBMITTED TO STPI FOR CERTIFICATION.

MORE INFORMATION U CAN QUOTE YOUR EMAIL ID

ramesh.arti @ yahoo.co.in

 

i have format of softex form , if u need, email me .

ramesh.arti @ yahoo.co.in

Thanks for info Ramesh Ji...

 

Please mail me the format of Softex Form at :-

 

SHAYVIDZ @ gmail.com

Adarsh @ agrimatrix.in

Aadica @ gmail.com

mr. adarsh,

i have email u the format of softex form .

 

ramesh.arti @ yahoo.co.in

can a proprietorship firm exporting software take the benefit under STPI. If yes what is the procedure? it is urgent. and my next query is whtehr service tax will be applicable or not?

thanks for the information Ramesh garu,

plz mail me the form at

priyankaartham @ yahoo.com

Thanks for sharing

priyanka, please check your email id i have send this format too you.

priyanka ,

please will u provide another email , due to failure notice it can not email u

again provide email id.

plz mail it to me at 

ksh*tijsaxena @ live.com

What if no softex certified from STPI by STPI unit. And can bank issue BRC for no softex certified inovices? Payment is alreay  received against those inovices

Waiting for reply

Dear Sir,
 

I read your opinion on Softex in CAclubindia. I have doubts for

 

  1. If IT company register under SEZ unit and more than 2 years they are not submitting SOFTEX form, then is there any penalty for non filling SOFTEX ?

 

Thanks & Regards,

 

Yogesh Phanase

we are are a software product export company. most of our projects are like ERP implementation. We receive payments on  completion of milestones. we are not STPI registered. Banks insist on Softex clearance when we receive payments. How are we supposed to handle this? what registration is required?  what are the monthly compliance requirements?


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