Foreign Exchange earning from Services: Regulatory Filings?

MR. KAUSAHL JI,

I think that you are "SERVICE PROVIDER” however you are elgible for  giving the service tax to the government of India,, in this ground and  IEC , import export code not comply with you, and  as far as I understand that you should be apply for S.T. Registration in the concerned SERVICE TAX Authority.

HOWEVER  you company is IN SEZ , S.T.P.I.  / 100% EOU/ E.H.TP / B.T.P. , NEED OF SOFTEX IS MUST.

RAMESH KUMAR VERMA

If IT company register under SEZ unit and more than 2 years they are not submitting SOFTEX form, then is there any penalty for non filling SOFTEX ?

Thanks & Regards,

Yogesh Phanase

In cases where an exporter has not been able to realise proceeds of a shipment made within the period prescribed (i.e within six months from the date of export), for reasons beyond his control, but expects to be able to realise proceeds if extension of the period is allowed to him, necessary application (in duplicate) should be made to the concerned Regional Office of Reserve Bank in form ETX through his authorised dealer with appropriate documentary evidence. Extension will not ordinarily be granted unless Reserve Bank is satisfied that the exporter is in no way directly or indirectly responsible for the delay in realisation of proceeds and that by grant of a short extension the exporter will be able to realise proceeds