STPI Compliances

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Subrahmanyam

Subrahmanyam (Querist)
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21 January 2010 Can anyone pls provide details of compliances & returns to be made under the STPI Act..

Subrahmanyam

Subrahmanyam (Querist)
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31 March 2010 Any feedback..?

Aashok Kumar Sharma

Aashok Kumar Sharma (Expert)
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25 July 2025 Sure! Here’s a concise overview of **STPI (Software Technology Parks of India) compliances and returns** that companies need to adhere to:

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### STPI Compliances & Returns Overview

**1. Annual Returns / Reports**

* Submit an **Annual Performance Report (APR)** to STPI every year.
* The APR includes details like export turnover, manpower, software products, and infrastructure used.
* Due date: Usually within 60 days from the end of the financial year.

**2. Quarterly / Half-Yearly Reports**

* Some STPI units may be required to submit quarterly or half-yearly reports on exports and operational status.
* These may include details about foreign exchange remittances and shipment of software products.

**3. Foreign Exchange Reporting**

* Report all foreign exchange receipts related to exports to STPI authorities.
* Submit Bank Realisation Certificates (BRCs) or Foreign Inward Remittance Certificates (FIRCs) as proof of remittances.

**4. Utilization of Premises**

* Ensure that the unit operates within the STPI-approved premises.
* Any change in location or premises requires approval from STPI.

**5. Adherence to Export Obligations**

* STPI units must export software/services and achieve minimum export targets.
* Maintain records of exports to validate compliance.

**6. Statutory Filings**

* Apart from STPI-specific reports, companies must comply with:

* Income Tax returns
* GST returns
* ROC filings (if applicable)

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### Key Points to Remember

* Non-compliance may lead to cancellation of STPI registration and loss of export benefits.
* Maintain proper documentation and timely submission of reports.
* Stay updated with any amendments from the STPI Authority or MeitY (Ministry of Electronics and IT).

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If you want, I can help you draft a checklist or templates for these reports. Would that be helpful?

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