Hi
anybody can let me know the benifit of regstration with STPI and IT company?
Amod Ranjan (Service) (356 Points)
27 March 2014Hi
anybody can let me know the benifit of regstration with STPI and IT company?
Dipjyoti Majumdar
(CA in service & CS. dipmaj@ rediffmail.com )
(3468 Points)
Replied 27 March 2014
You are entitled to claim reimbursement of CST paid on domestic purchases, import duty payable on import of goods may be waived.Also excise duty exemption on domestic products, reexport of capital goods, import of second hand capital goods. Capital invested by foreign parties, royalty, dividend can be freely repatriated.
Regards,
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