Stri income tax benefit

The benefits available under section 10A on export turnover on being a member of STPI has been withdrawn from 1.4.11.

@ Dipjyoti majumdar

So now there is no income tax benifit of STPI & what about LAW compliance or Registration

You can still take registration. This will help you in ways like reduction in customs duty on imports, remission in excise duties on manufacture of items, sales tax relaxation etc. If you are registered you will have to send them monthly reports, quarterly returns and annual return.

The major hindrance is on being registered you need to take prior permission on domestic invoices. That is a big no no considering absence of 10A benefits.

Ya...... Dipjyoti majumdar I Agree with ur point about permission on domestic services invoices i think permission is on some % basis bt Plz tell me will it be benificial if we r providing services in abroad as well as in domestic market also & what will be the registration process, To whom will we have to contact about that.....

Thnx

Plz provide me information about % sale in domestic market if we will have STPI Registration