Stpi shifiting of unit from mumbai to noida

This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

30 November 2012 what are the legal requirements for shifting of STPI Unit registered with STPI MUMBAI to STPI NOIDA.
what documents are needed. How much fees will be charged etc. please reply asap.

RAMESH KUMAR VERMA

RAMESH KUMAR VERMA (Expert)
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01 December 2012

PROCEDURE FOR SHIFTING/TRANSFER OF IMPORTED CAPITAL GOODS

a) STP Units are permitted to shift imported Capital Goods for following reasons:

i) Shifting for Repair

ii) Shifting for Demonstration/Execution of Project/Training

iii) Shifting for Sub-Contracting

iv) Shifting in case of Change/Expansion of Location of STP operations

v) Inter Unit transfer (100% EOU & 100% EOU) permanently.

vi) Movement of Laptop computer & Video Projector systems.

Procedure to apply for permission for shifting/transfer of Capital Goods : In case of (i) to (v) as above.

1. Application as per standard Format with the reasons for shifting along with the shifting invoice. If the shifting is done to a place other than a Private Bonded Warehouse, it should be clearly indicated in the invoice.

2. Copy of STPI Import Certificate with attested Invoice.

3. In case of (i), copy of letter from service/repair center for acceptance of Repair & Return.

4. In case of (ii),a copy of request for Demonstration / Training/Execution of Project.

5. In case of (iii), a copy of letter from Sub-contractor requesting for the equipment for the execution of job work.

6. In case of (v), a no objection certificate should be obtained by the receiver from the concerned Directorate of Development Commissioners.

(b)Shifting/transfer of Laptop computers or Video Projection Systems:

The STP units are permitted to take out Laptop or Video Projections Systems cleared duty free outside the bonded area for carrying out official work. The unit requires to take permission from STPI & Customs for the same.

Procedure to apply for permission to take Laptop computers or Video Projection Systems

Application as per standard Format indicating details of name of Employee, Designation Sr. No. of the Laptop Or video projector, BOE No. & date. The letter / should be signed by authorized signatory and it should be with the stamped with official seal. with following enclosures

(i) Copy of Import certificate along with attested Invoice issued by STPI.

Conditions:

In case, equipment is shifted permanently from one STP unit to another STP/EPZ/EOU unit the value of Capital Goods would be credited & debited correspondingly between the transferor & the transferee.

If the unit is operating at multiple locations & frequency of shifting the bonded items are more, then unit can obtain blanket permission from the STPI. The Blanket Approval will be given for period of one year. The unit has to make a request letter asking for blanket permission giving location addresses and floors occupied for STP operations & a copy of the latest amended bonded warehouse license should be enclosed with the covering letter.