SOFTWARE TECHNOLOGY PARKS OF INDIA – CHENNAI

Export done through Non-Physical Form (Datacom Links) (offshore Development)

Mandatory certification/regularization in case of

·  Units not registered as 100% EoU (Non STP Units)

·  Units registered with MEPZ as 100% EoU and located outside the MEPZ premises

Pl. Refer to AD(M A Series) Circular No.1 dt. 8/1/1999 of Reserve Bank of India

Documents to be filed with STPI-Chennai for Software Export :

Þ  Company Profile (One time)

Þ  ROC, MoA and MoU (One time)

Þ  IE Code Copy

Þ  Connectivity Proof from your service provider (Eg. VSNL, STPI, Satyam Infoway, others) (One time)

Þ  Softex forms - duly filled & Signed by the authorised signatory.

(Softex Form Formats to be downloaded from the RBI Web Site www.rbi.org.in)

Þ  Export Invoices ( 3 Copies)

Þ  Technical write up of the project. (Brief about the project with H/w, S/w used and the functionality)

Þ  Man efforts spent for the project and the skill levels involved.

Þ  Foreign Inward Remittance Certificate (FIRC)

Þ  In case of units registered with MEPZ as 100% EoU, copy of the approval letter from MEPZ to be filed.

(Contd…)

Þ  In case of Softex Forms with multiple invoices, summary of invoices in the following format to be filed:

Invoice No. / Invoice Date / Currency / Amount / Country exported to / Area of Expertise / Project
Ref. / Man Efforts
Spent

Þ  Following is the Service Charge break-up, to be paid in the form of Demand Draft drawn in favour of Director, STPI-Chennai.

Invoice Value / Service Charge Payable
Up to $ 100 / Rs. 100 per invoice
$ 101 - $ 500 / Rs. 250 per invoice
$ 501 - $ 1000 / Rs. 500 per invoice
> $ 1000 / Rs. 1000 per invoice

Maximum Service Charge payable in a financial year is Rs. 100000/- (Rs. 1 Lakh)

After verification of the above documents, this office certifies the Softex Forms and invoices and will return the Duplicate Softex Form to the unit for further submission to authorised dealers, Original Softex Form will be forwarded to RBI and Triplicate is retained by STPI-Chennai.

Time Duration for certification: 5 to 10 days, subject to the availability of the authorised signatory.