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Software Techanology Parks STPs Operating Process.

Starting Operation under the STPS Scheme

The period of operation under the scheme is initially for a period of 5 years from the date of commercial production. This period may be extendable further 5 years at a time. After completion of the initial period of 5 years, it is open to the unit either to opt out of the scheme or to continue for another period of 5 years and request made accordingly to STPI.

  • Upon accord of approval for the 100% EOU the proposed unit has to respond by submitting a willingness letter to abide by the terms and conditions of the approval.

  • Legal agreement to be executed in the prescribed form on Rs.100 stamp paper, duly signed by the authorized signatory. Demand Draft for Rs. 22,500/- drawn in favor of STPI as an advance towards annual service charges (to be paid in advance) has to be deposited with STPI which will be adjusted after the financial year is over as per the following scale.

  • Upon executing the legal agreement, the unit attains the status of 100% export oriented unit under the STP scheme and it as to fulfill the obligations as set forth in the legal agreement, such as commencement of production with in the stipulated period, fulfillment of export obligations, etc.
    On Export TurnoverService charges applicable per annum
    Exports Upto Rs.25 LakhsRs.7,500/-
    Exports between Rs.25 - Rs.50 LakhsRs.15,000/-
    Exports between Rs.50 - Rs.300 LakhsRs.50,000/-
    Exports above Rs.3 - Rs.10 CroresRs.1,00,000/-
    Exports between Rs.10 - Rs.50 CroresRs.2,00,000/-
    Exports between Rs.50 - Rs.100 CroresRs.3,00,000/-
    Exports above Rs.100 CroresRs.5,00,000/-

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What is New?

Date: 30-10-2021
Notification No. 78/2021-Customs (N.T.)
Seeks to amend Sea Cargo Manifest and Transhipment Regulations 2018.

Date: 13-10-2021
Notification No. 48/2021-Customs
Seeks to reduce BCD on crude and refined soya, sunflower and palm oils till 31.03.2022

Date: 13-10-2021
Notification No. 49/2021-Customs
Seeks to reduce AIDC on crude soya, sunflower and palm oils till 31.03.2022

Date: 07-10-2021
Notification No.80/2021 - Customs (N.T.)
Exchange rates Notification No.80/2021-Cus (NT) dated 07.10.2021.

Date: 07-10-2021
Notification No. 35/2015-2020
Relaxation in Export Policy of Red Sanders Wood - regarding

Date: 06-10-2021
Public Notice No. 21/2015-20
Implementation of MoU between Government of Republic of India and Government of Republic of Malawi for import of pigeon peas from Malawi - reg.

Date: 05-10-2021
Instruction No. 21/2021-Customs
Submission of Intimation of Arrest Report & Incident Report.

Date: 04-10-2021
Notification No. 34/2015-2020 – DGFT
Amendment in Export Policy of Syringes and incorporation of Policy Condition.

Date: 04-10-2021
Public Notice No. 27/2015-2020-DGFT
Allocation of quantity of 5841 MT (raw/refined) Sugar to EU under TRQ scheme for the year 2021-22

Date: 04-10-2021
Notification No. 59/2021-Customs (ADD)
seeks to extend anti dumping duty on 'ceramic tableware and glassware' originating in or exported from Malaysia, to prevent the circumvention of anti dumping duty levied on subejct goods originating in or exported from China PR vide Notification No. 4/2018-Customs(ADD) dated 21st February, 2018.

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