Lease agreement with the owner of the registered building True copy of the legal agreement for the export commitment executed with STPI An agreement (as attached to the format) must be executed by the company that indicates that the company is complied with certain export standards, as defined in the export import policy of the Government of India. Implementation of the Agreement on the Establishment of 100% Export Oriented Unit – Software Technology Parks of India (STPI) (Annual Service Charges of INR 50,000) Service charges are charged according to the service charges listed in the Distinct Identity application: If an industrial company acts as both a national unit and as a STP unit, it must have two different identities with separate accounts, including separate bank accounts. However, it does not need to be a separate corporation, provided that the company maintains separate records of domestic and export sales by ehTP/STP units. Implementation after the signing of the agreement with STPI for development centre 3. In the case of the purchase of the property or in the case of a rental property, Stamp Duty on Vacation and Licensing Contract for 100% Unit EOU «Monthly tax returns before the next 7 of month at STPI Permanent Account Number (PAN) – Corporate Tax ID Number -Department of Income Tax An entity registered under STPI as a NON-STPI unit is permitted to receive or not benefits from customs duties and income tax. Maintenance of the Foreign Inward Remittance Certificate File (FIRC) and Bank Realization Certificate (BRC) File STPI Authorization Documents The unit as a STP unit Units are free to have as many bank accounts as they wish, but must designate a single branch of the bank, to which all export documents are submitted. In other words, the work of managing all shipping documents and carrying out export earnings must be entrusted to this designated banking agency. Executed after receiving STPI approval with all documents such as Importr Exporter Code – PAN (Corporate Tax ID) Authorization for the implementation of 100% Export Oriented Unit – Software Technology Parks of India (STPI) (Application processing fee of IN) R 2500) All units are required to report monthly progress and quarterly progress reports up to the 7th of the month following the previous month`s close or until the 10th of the month following the previous year`s close. in the prescribed format. That is an imperative requirement.
Units that are irregular in submitting MPRs and RPIs may be denied STPI benefits. After checking the documents within 14 days, THE STPI authorities can request a detailed presentation (preferably in Power Point) to explain them personally and also discuss the product/services profile, the Indian unit will likely act.