{"id":8708,"date":"2025-03-03T09:12:18","date_gmt":"2025-03-03T09:12:18","guid":{"rendered":"https:\/\/www.caindelhiindia.com\/blog\/?p=8708"},"modified":"2025-03-03T12:29:18","modified_gmt":"2025-03-03T12:29:18","slug":"overview-of-non-stpi-registration-softex-filing","status":"publish","type":"post","link":"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/","title":{"rendered":"Overview of Non-STPI registration &#038; SOFTEX filing"},"content":{"rendered":"<h2><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-6578\" src=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/01\/Unclaimed-Deposits-or-Inoperative-Ac-in-Banks-New-RBI-Instruction.jpeg\" alt=\"Unclaimed Deposits or Inoperative Ac in Banks- New RBI Instruction\" width=\"1200\" height=\"675\" srcset=\"https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/01\/Unclaimed-Deposits-or-Inoperative-Ac-in-Banks-New-RBI-Instruction.jpeg 1200w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/01\/Unclaimed-Deposits-or-Inoperative-Ac-in-Banks-New-RBI-Instruction-300x169.jpeg 300w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/01\/Unclaimed-Deposits-or-Inoperative-Ac-in-Banks-New-RBI-Instruction-1024x576.jpeg 1024w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/01\/Unclaimed-Deposits-or-Inoperative-Ac-in-Banks-New-RBI-Instruction-768x432.jpeg 768w, https:\/\/www.caindelhiindia.com\/blog\/wp-content\/uploads\/2024\/01\/Unclaimed-Deposits-or-Inoperative-Ac-in-Banks-New-RBI-Instruction-800x450.jpeg 800w\" sizes=\"(max-width: 1200px) 100vw, 1200px\" \/><\/h2>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_58 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<p class=\"ez-toc-title\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-69db07e48f916\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-69db07e48f916\"  aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Overview_of_the_importance_of_non-Software_Technology_Parks_of_India_SOFTEX_filing\" title=\"Overview of the importance of non-Software Technology Parks of India &amp; SOFTEX filing\">Overview of the importance of non-Software Technology Parks of India &amp; SOFTEX filing<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Non-STPI_Registration\" title=\"Non-STPI Registration\">Non-STPI Registration<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Why_Do_Non-STPI_Units_Need_Registration\" title=\"Why Do Non-STPI Units Need Registration?\">Why Do Non-STPI Units Need Registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Mandatory_SOFTEX_Filing_for_Non-STPI_Units\" title=\"Mandatory SOFTEX Filing for Non-STPI Units:\">Mandatory SOFTEX Filing for Non-STPI Units:<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Procedure_for_Registration_of_Non-STP_Units_for_SOFTEX_Certification\" title=\"Procedure for Registration of Non-STP Units for SOFTEX Certification: \">Procedure for Registration of Non-STP Units for SOFTEX Certification: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Steps_for_Registration-_Registration_Process_for_Non-STPI_Units\" title=\"Steps for Registration- Registration Process for Non-STPI Units\">Steps for Registration- Registration Process for Non-STPI Units<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Process_for_renewing_the_Letter_of_Permission_for_a_Non-STP_unit\" title=\"Process for renewing the Letter of Permission for a Non-STP unit : \">Process for renewing the Letter of Permission for a Non-STP unit : <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Basic_Compliance_Requirements_for_Non-STPI_Units\" title=\"Basic Compliance Requirements for Non-STPI Units:\">Basic Compliance Requirements for Non-STPI Units:<\/a><\/li><\/ul><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#FAQs_on_Non-STPI_Registration_SOFTEX_Certification\" title=\"FAQs on Non-STPI Registration &amp; SOFTEX Certification\">FAQs on Non-STPI Registration &amp; SOFTEX Certification<\/a><ul class='ez-toc-list-level-3'><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#What_is_the_processing_time_for_non-STP_unit_registration\" title=\"What is the processing time for non-STP unit registration?\">What is the processing time for non-STP unit registration?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#What_are_the_Service_Charges_for_SOFTEX_Certification\" title=\"What are the Service Charges for SOFTEX Certification: \">What are the Service Charges for SOFTEX Certification: <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Frequency_of_SOFTEX_submission\" title=\"Frequency of SOFTEX submission : \">Frequency of SOFTEX submission : <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#What_happens_if_the_certified_SOFTEX_value_exceeds_the_projected_value_for_a_particular_year\" title=\"What happens if the certified SOFTEX value exceeds the projected value for a particular year?\">What happens if the certified SOFTEX value exceeds the projected value for a particular year?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#What_are_the_penalties_for_Non-Compliance\" title=\"What are the penalties for Non-Compliance ? \">What are the penalties for Non-Compliance ? <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Do_Non-STP_units_need_to_submit_any_reports\" title=\"Do Non-STP units need to submit any reports?\">Do Non-STP units need to submit any reports?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-16\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Why_is_SOFTEX_Filing_Important\" title=\"Why is SOFTEX Filing Important?\">Why is SOFTEX Filing Important?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-17\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#How_can_SOFTEX_be_submitted\" title=\"How can SOFTEX be submitted? \">How can SOFTEX be submitted? <\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-18\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Is_SOFTEX_submission_mandatory_for_non-STP_units\" title=\"Is SOFTEX submission mandatory for non-STP units?\">Is SOFTEX submission mandatory for non-STP units?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-19\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#Who_allots_SOFTEX_numbers_STPI_or_RBI\" title=\"Who allots SOFTEX numbers, STPI or RBI?\">Who allots SOFTEX numbers, STPI or RBI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-20\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#What_is_the_procedure_for_certifying_SOFTEX_forms_for_a_Non-STP_unit\" title=\"What is the procedure for certifying SOFTEX forms for a Non-STP unit?\">What is the procedure for certifying SOFTEX forms for a Non-STP unit?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-21\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#When_should_a_unit_cancel_a_SOFTEX_form\" title=\"When should a unit cancel a SOFTEX form?\">When should a unit cancel a SOFTEX form?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-22\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#What_is_the_time_frame_for_SOFTEX_certification_by_STPI\" title=\"What is the time frame for SOFTEX certification by STPI?\">What is the time frame for SOFTEX certification by STPI?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-23\" href=\"https:\/\/www.caindelhiindia.com\/blog\/overview-of-non-stpi-registration-softex-filing\/#What_happens_if_a_unit_fails_to_submit_SOFTEX_forms_on_time_to_STPI\" title=\"What happens if a unit fails to submit SOFTEX forms on time to STPI?\">What happens if a unit fails to submit SOFTEX forms on time to STPI?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"Overview_of_the_importance_of_non-Software_Technology_Parks_of_India_SOFTEX_filing\"><\/span><span style=\"color: #000080;\"><strong>Overview of the importance of non-Software Technology Parks of India &amp; SOFTEX filing<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"Non-STPI_Registration\"><\/span><span style=\"color: #000080;\"><strong>Non-STPI Registration<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Any company, partnership firm, or proprietorship engaged in the development of export-oriented computer software or IT-enabled services can register as a Non-STP unit under Software Technology Parks of India to obtain SOFTEX certification. The RBI through a circular issued in September 2013, introduced a revised procedure for SOFTEX filing, making it mandatory for all exporters. This directive supersedes the previous RBI notification from 2004, which required SOFTEX filing only for invoices exceeding USD 25,000.<\/p>\n<p>To assist exporting units that are not part of the Software Technology Parks of India (STPI) scheme in complying with this regulatory requirement, Software Technology Parks of India introduced services for Non-STP units. Through a straightforward registration process, these companies can obtain STPI approvals for SOFTEX forms. Many exporters, previously exempt from SOFTEX filing, were unaware of the regulatory change and did not submit SOFTEX forms for their export transactions.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_Do_Non-STPI_Units_Need_Registration\"><\/span><span style=\"color: #000080;\"><strong>Why Do Non-STPI Units Need Registration?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Unlike SEZ and STPI units, which have designated authorities (Development Commissioner &amp; STPI Director) to certify exports, DTA (Domestic Tariff Area) units lack certification authority. STPI is designated by RBI to certify SOFTEX forms for non-STPI units. All IT\/ITES companies exporting services via data communication links must file a SOFTEX form for certification. Since STPI is the designated authority for SOFTEX certification, companies must either:<\/p>\n<ul>\n<li>Register under the STP scheme, which provides additional benefits beyond SOFTEX certification, or<\/li>\n<li>Register as a Non-STP unit solely for the purpose of SOFTEX certification.<\/li>\n<\/ul>\n<p>STPI is the designated authority for SOFTEX certification, companies must either Register under the STP scheme, which provides additional benefits beyond SOFTEX certification, or Register as a Non-STP unit solely for the purpose of SOFTEX certification. By complying with this requirement, companies ensure proper documentation and regulatory adherence for their software export transactions.<\/p>\n<p>By complying with this requirement, companies ensure proper documentation and regulatory adherence for their software export transactions. Without SOFTEX certification, companies may face issues with:<\/p>\n<p>o\u00a0\u00a0 Tax refunds under GST<\/p>\n<p>o\u00a0\u00a0 Foreign remittance approvals from banks<\/p>\n<p>o\u00a0\u00a0 Export compliance under FEMA<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Mandatory_SOFTEX_Filing_for_Non-STPI_Units\"><\/span><span style=\"color: #000080;\"><strong>Mandatory SOFTEX Filing for Non-STPI Units:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>IT companies engaged in software exports must obtain SOFTEX certification to comply with Foreign Exchange Management Act (FEMA) regulations. SOFTEX filing is required for proof of software exports and is essential for GST refunds and foreign exchange compliance. Non-compliance can lead to penalties under Section 13(1) of FEMA, including fines up to three times the amount involved.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Procedure_for_Registration_of_Non-STP_Units_for_SOFTEX_Certification\"><\/span><span style=\"color: #000080;\"><strong>Procedure for Registration of Non-STP Units for <a href=\"https:\/\/carajput.com\/publications\/a-mandatory-requirement-of-softex-for-non-stpi-units.pdf\">SOFTEX Certification<\/a>: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Companies must register as non-STPI units with STPI to file SOFTEX. Registration is valid for 3 years and must be renewed 3 months before expiry. To complete the registration, the company must Submit an application form along with supporting documents to the jurisdictional Director, STPI.<\/p>\n<p><strong><span style=\"color: #000080;\">Processing time for non-STP unit registration:<\/span> <\/strong>The registration process takes 10 working days from the date of submission of a complete application form, along with supporting documents and the applicable processing fee. Non-STP units can operate from any location in India. However, registration must be done with the jurisdictional STPI Centre.<\/p>\n<p><span style=\"color: #000080;\"><strong>Proof of non-STP registration: <\/strong><\/span>Upon registration, a non-STP unit receives a Registration Certificate from STPI, valid for three years. Renewal applications should be submitted three months before expiry.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Steps_for_Registration-_Registration_Process_for_Non-STPI_Units\"><\/span><span style=\"color: #000080;\"><strong>Steps for Registration- Registration Process for Non-STPI Units<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Online Application Submission: Apply via <a href=\"https:\/\/stpionline.stpi.in\">STPI Online Portal<\/a> and Upload required documents (see list below)<\/li>\n<li>Hardcopy Submission: Submit a self-attested hard copy of the application with supporting documents to STPI.<\/li>\n<li>Payment of Processing Fee: INR 1,180 (INR 1,000 + 18% GST) and Pay via UPI or Demand Draft (DD) in favor of The Director, STPI Bengaluru<\/li>\n<li>Approval Process: STPI reviews the application and documents. and Upon approval, the company receives a Registration Certificate valid for 3 years.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Process_for_renewing_the_Letter_of_Permission_for_a_Non-STP_unit\"><\/span><span style=\"color: #000080;\"><strong>Process for renewing the Letter of Permission for a Non-STP unit : <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The Letter of Permission for a Non-STP unit is valid for three years. To renew it:<\/p>\n<ul>\n<li>Renewal Process Apply 3 months before expiry. And there is No renewal charges.<\/li>\n<li>The unit must approach the jurisdiction Director, STPI during the last three months before expiry. There are no charges for Letter of Permission renewal.<\/li>\n<\/ul>\n<p><strong><span style=\"color: #000080;\">Eligibility: Document on SOFTEX for Non-STPI Units:<\/span> <\/strong>Required documents include:<\/p>\n<ul>\n<li>Companies engaged in Software Development; IT\/ITES exports can register under STPI (Non-STP) for SOFTEX certification. following are Required Documents for on SOFTEX for Non-STPI Units<\/li>\n<li>Memorandum &amp; Articles of Association.<\/li>\n<li>Board Resolution (authorizing setup &amp; signatories)<\/li>\n<li>Promoter\/Director\/Partner Profile<\/li>\n<li>Importer-Exporter Code<\/li>\n<li>PAN Card Copy<\/li>\n<li>Company Profile\/Project Report<\/li>\n<li>Lease\/Rental Agreement<\/li>\n<li>Form 32\/Dir-12 (Director details)<\/li>\n<li>ROC Form 18\/INC-22 (Registered office details)<\/li>\n<li>Bank Certificate with AD Code<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Basic_Compliance_Requirements_for_Non-STPI_Units\"><\/span><span style=\"color: #000080;\"><strong>Basic Compliance Requirements for Non-STPI Units:<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Post-Registration Requirements<\/strong><\/p>\n<ul>\n<li>Quarterly &amp; Annual Reporting: Registered Non-STP units must submit periodic reports to STPI. Quarterly &amp; Annual Performance Reports must be submitted to STPI<\/li>\n<li>SOFTEX Certification Process: All export contracts must be registered before SOFTEX submission. And Each export contract must be registered before submitting SOFTEX. And No additional charges for SOFTEX registration.<\/li>\n<li>Service Charges for Non-STP Units: Based on export turnover (see table below). And SOFTEX must be filed within 30 days from the last invoice date of the month and Charges must be paid in advance based on projected exports.<\/li>\n<\/ul>\n<h2><span class=\"ez-toc-section\" id=\"FAQs_on_Non-STPI_Registration_SOFTEX_Certification\"><\/span><span style=\"color: #000080;\"><strong>FAQs on Non-STPI Registration &amp; <a href=\"https:\/\/carajput.com\/publications\/a-mandatory-requirement-of-softex-for-non-stpi-units.pdf\">SOFTEX Certification<\/a><\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_processing_time_for_non-STP_unit_registration\"><\/span><span style=\"color: #000080;\"><strong>What is the processing time for non-STP unit registration?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The registration process takes 10 working days from the date of submission of a complete application form, along with supporting documents and the applicable processing fee.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_Service_Charges_for_SOFTEX_Certification\"><\/span><span style=\"color: #000080;\"><strong>What are the Service Charges for SOFTEX Certification: <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>The charge slabs for different export values are predefined by STPI. And The service charges for non-STP units are based on the value of contracts registered. Service charges must be paid upfront during contract registration, based on the contract value and export projections for that year. The payment can be made via Banker\u2019s Cheque, Demand Draft (DD), Account-to-Account Transfer, RTGS, NEFT, Wire Transfer. Service charges depend on export turnover and must be paid in advance. If a SOFTEX form is not certified due to incomplete submission, STPI retains 20% of the service charges paid for that year.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Frequency_of_SOFTEX_submission\"><\/span><span style=\"color: #000080;\"><strong>Frequency of SOFTEX submission : <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>A monthly consolidated SOFTEX in Excel format, as prescribed by RBI, can be submitted for all invoices raised in that month.<\/li>\n<li>The submission deadline is 30 days from the last invoice date of that month.<\/li>\n<\/ul>\n<p>Procedure for canceling certified SOFTEX forms: The unit must approach the regional RBI office to get the certified SOFTEX form canceled.<\/p>\n<table style=\"height: 366px;\" width=\"887\">\n<thead>\n<tr>\n<td><span style=\"color: #000080;\">Annual Export Turnover<\/span><\/td>\n<td><span style=\"color: #000080;\">Service Charges (\u20b9)<\/span><\/td>\n<\/tr>\n<\/thead>\n<tbody>\n<tr>\n<td><span style=\"color: #000080;\">Up to \u20b912.5 Lakhs<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b94,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b912.5L \u2013 \u20b925L<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b98,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b925L \u2013 \u20b950L<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b916,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b950L \u2013 \u20b93 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b955,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b93 Cr \u2013 \u20b910 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b91,10,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b910 Cr \u2013 \u20b925 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b92,25,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b925 Cr \u2013 \u20b950 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b92,50,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b950 Cr \u2013 \u20b9100 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b93,50,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b9100 Cr \u2013 \u20b9500 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b95,75,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">\u20b9500 Cr \u2013 \u20b91,000 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b96,00,000<\/span><\/td>\n<\/tr>\n<tr>\n<td><span style=\"color: #000080;\">Above \u20b91,000 Cr<\/span><\/td>\n<td><span style=\"color: #000080;\">\u20b96,50,000<\/span><\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p>Notes : SOFTEX filing mandatory as per RBI guidelines. 20% of service charges retained in case of non-certification due to incomplete submissions. If the SOFTEX value exceeds the projected slab, additional charges must be paid for the next slab. STPI Units must submit SOFTEX within 30 days from the last invoice date of the month. For Clarifications<\/p>\n<ul>\n<li><strong>Email:<\/strong> blr.exim@stpi.in<\/li>\n<li><strong>Phone:<\/strong> 080-66186008\/6085<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"What_happens_if_the_certified_SOFTEX_value_exceeds_the_projected_value_for_a_particular_year\"><\/span><span style=\"color: #000080;\"><strong>What happens if the certified SOFTEX value exceeds the projected value for a particular year?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>If a Non-STP unit exceeds the registered value slab, it must pay additional charges for the next slab.<\/li>\n<li>Any previous payments will be adjusted against the new applicable charges.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"What_are_the_penalties_for_Non-Compliance\"><\/span><span style=\"color: #000080;\"><strong>What are the penalties for Non-Compliance ? <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>In case Failure to file SOFTEX forms can lead to FEMA penalties up to three times the transaction value. If Continuous non-compliance may result in a \u20b95,000 per day penalty.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Do_Non-STP_units_need_to_submit_any_reports\"><\/span><span style=\"color: #000080;\"><strong>Do Non-STP units need to submit any reports?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, once registered with STPI, Non-STP units must submit:<\/p>\n<ul>\n<li>Quarterly reports<\/li>\n<li>Annual reports<\/li>\n<\/ul>\n<p>Reports should be submitted to the respective STPI center in the prescribed format.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Why_is_SOFTEX_Filing_Important\"><\/span><span style=\"color: #000080;\"><strong>Why is SOFTEX Filing Important?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Registered Non-STP units are eligible to submit SOFTEX forms for certification, as per RBI guidelines. However, each export contract must be registered in advance before submitting SOFTEX. SOFTEX.is important due to following reason.\n<ul>\n<li>Mandatory for foreign exchange tracking by RBI.<\/li>\n<li>Required for GST refunds and compliance with FEMA.<\/li>\n<li>Helps businesses establish a track record for export credentials in tenders.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"How_can_SOFTEX_be_submitted\"><\/span><span style=\"color: #000080;\"><strong>How can SOFTEX be submitted? <\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>SOFTEX can be submitted in soft copy or as a hard copy (in quadruplicate) as per RBI guidelines.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Is_SOFTEX_submission_mandatory_for_non-STP_units\"><\/span><span style=\"color: #000080;\"><strong>Is SOFTEX submission mandatory for non-STP units?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>Yes, according to RBI issued Circular, all companies engaged in IT\/ITES exports via data communication links must submit SOFTEX for certification. (RBI Master Circular No. RBI\/2013-14\/14 (dated July 1, 2013, Para B15), RBI Circular No. 80 (dated February 15, 2012) \u00a0&amp; RBI Circular No. 43 (dated September 13, 2013)).<\/p>\n<p><span style=\"color: #000080;\"><strong>How are certified SOFTEX copies distributed?<\/strong><\/span><\/p>\n<p>Once certified, the SOFTEX copies are distributed as follows:<\/p>\n<ul>\n<li>Original \u2013 Sent to RBI<\/li>\n<li>Duplicate \u2013 Retained by the unit<\/li>\n<li>Triplicate \u2013 Sent to the Authorized Dealer (via the unit)<\/li>\n<li>Quadruplicate \u2013 Retained by STPI for records<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"Who_allots_SOFTEX_numbers_STPI_or_RBI\"><\/span><span style=\"color: #000080;\"><strong>Who allots SOFTEX numbers, STPI or RBI?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>RBI allots SOFTEX numbers. Both STP and Non-STP units can generate SOFTEX numbers online from the RBI website based on their requirements.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_procedure_for_certifying_SOFTEX_forms_for_a_Non-STP_unit\"><\/span><span style=\"color: #000080;\"><strong>What is the procedure for certifying SOFTEX forms for a Non-STP unit?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<ul>\n<li>Each export contract must be registered in advance before submitting SOFTEX against that contract.<\/li>\n<li>The unit must also submit its projected imports for the next financial year and pay the applicable STPI service charges.<\/li>\n<\/ul>\n<h3><span class=\"ez-toc-section\" id=\"When_should_a_unit_cancel_a_SOFTEX_form\"><\/span><span style=\"color: #000080;\"><strong>When should a unit cancel a SOFTEX form?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>A SOFTEX form should be canceled if an invoice is not realized due to:<\/p>\n<ul>\n<li>Credit notes issued.<\/li>\n<li>Penalties imposed by a foreign client.<\/li>\n<li>Project cancellation by the foreign client.<\/li>\n<\/ul>\n<p>In such cases:<\/p>\n<ol>\n<li>The unit must approach the regional RBI office for cancellation approval.<\/li>\n<li>Once RBI approves the cancellation, the unit must report the same to STPI.<\/li>\n<\/ol>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_time_frame_for_SOFTEX_certification_by_STPI\"><\/span><span style=\"color: #000080;\"><strong>What is the time frame for SOFTEX certification by STPI?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>STPI certifies SOFTEX within 30 days from the date of submission of a complete SOFTEX form along with the requisite documents.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_happens_if_a_unit_fails_to_submit_SOFTEX_forms_on_time_to_STPI\"><\/span><span style=\"color: #000080;\"><strong>What happens if a unit fails to submit SOFTEX forms on time to STPI?<\/strong><\/span><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p>In case of a delay, the unit must:<\/p>\n<ul>\n<li>Approach the regional RBI office and request condonation of the delay.<\/li>\n<li>Submit the required documents as per Annexure-1 (subject to variation across RBI regional offices).<\/li>\n<li>Refer to the RBI website (<a href=\"http:\/\/www.rbi.org.in\">www.rbi.org.in<\/a>) for specific guidelines.<\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Overview of the importance of non-Software Technology Parks of India &amp; SOFTEX filing Non-STPI Registration Any company, partnership firm, or proprietorship engaged in the development of export-oriented computer software or IT-enabled services can register as a Non-STP unit under Software Technology Parks of India to obtain SOFTEX certification. The RBI through a circular issued in &hellip;<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mi_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[848],"tags":[1149],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8708"}],"collection":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/comments?post=8708"}],"version-history":[{"count":3,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8708\/revisions"}],"predecessor-version":[{"id":8715,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/posts\/8708\/revisions\/8715"}],"wp:attachment":[{"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/media?parent=8708"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/categories?post=8708"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.caindelhiindia.com\/blog\/wp-json\/wp\/v2\/tags?post=8708"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}