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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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Date: 27-09-2023
Notification No. 69/2023-Customs (N.T.)
Notification to exempt deposits into ECL till 30th November 2023.

Date: 27-09-2023
Notification No. 70/2023-Customs (N.T.)
Exemption of deposits from the provisions of Section 51 of Customs Act, 1962-reg.

Date: 25-09-2023
NOTIFICATION No. 47/2023- Central Tax
Seeks to amend Notification No. 30/2023-CT dated 31st July, 2023

Date: 21-09-2023
Notification No. 68/2023 - Customs (N.T.)
Exchange Rate Notification No. 68/2023-Cus (NT) dated 21.09.2023-reg.

Date: 18-09-2023
Notification No. 46/2023-Central Tax
Seeks to appoint common adjudicating authority in respect of show cause notice issued in favour of M/s Inkuat Infrasol Pvt. Ltd.

Date: 15-09-2023
Notification No. 56/2023-Customs
Seeks to amend No. 19/2019-Customs

Date: 15-09-2023
Notification No. 30/2023-Central Excise
Seeks to amend No. 18/2022-Central Excise, dated the 19th July, 2022 to increase the Special Additional Excise Duty on production of Petroleum Crude and reduce the Special Additional Excise Duty on export of ATF

Date: 15-09-2023
Notification No. 31/2023-Central Excise
dated the 30th June, 2022 , to reduce the Special Additional Excise Duty on export of Diesel.

Date: 15-09-2023
Notification No. 67/2023-CUSTOMS (N.T.)
Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg.

Date: 14-09-2023
Notification No. 54/2023-Customs
seeks to amend notification no. 50/2017-Customs in order to amend various entries relating to Project Imports as a result of Project Import review.

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