Benefits of EHTP Scheme

Benefits of EHTP Scheme

• Income Tax holiday as per section 10A of the IT Act
• An EHTP may import free of duty capital goods, raw materials, components and other related inputs. Second hand capital goods may also be imported by EHTP units
• An EHTP may gear up to 100 per cent foreign equity
• Supplies that are effected in DTAs under global tender conditions and payment in forex are also considered as part of relinquishment of export obligation
• An EHTP unit may be setup for both software and hardware in an integrated manner
• EHTP unit may purchase indigenous goods free of excise duty
• EHTP unit may sell Goods/Services in DTA up to 50% of FOB value of exports, subject to fulfillment of positive NFE as per the policy & payment of applicable duties

EHTP Scheme

EHTP Scheme

For encouraging exports of electronic hardware items including hard disk drives, computers, television, etc., such parks have been developed by the Ministry of Communications & Information Technology. An Electronic Hardware Technology Park (EHTP) may be an individual unit by itself or a unit located in an area designated as EHTP Complex. As in the case of STP Scheme, the EHTP Scheme is also administered by the Ministry of Communications & Information Technology.

An EHTP can also be set up by the Central Government, State Government, public or private sector undertakings or any combination of them.

Benefits of STP Scheme

Benefits of STP Scheme

• Income Tax Holiday as per section 10A of the IT Act
• 100% Customs duty exemption on imports
• Equipment can also be imported on loan or lease basis
• All relevant equipment/goods including second hand equipment can be imported (except prohibited items)
• 100% excise duty exemption on indigenous procurement
• Central Sales Tax reimbursement on indigenous purchases
• Green card enabling priority treatment for Government clearances / other services
• 100% foreign equity investment in the companies permissible under the 'Automatic Route' of RBI

Software Technology Park Scheme Scheme (STPI)

STP Scheme

In the emerging global economy, Information Technology is the largest, fastest growing and most profitable industry across the globe. Identifying IT as the future for India and its vast potential, the Government announced a software policy in the year 1986 making “Software, Exports, Development & Training” as a major thrust area for which the Government formulated the STP Scheme covering aspects like simplifications and rationalisation of procedures. The Government of India established and registered STPI as an Autonomous Society under the Department of Electronics (Now Ministry of Information Technology) on 5th June 1991 with an objective to implement the STP Scheme, set-up and manage infrastructural facilities and provide other services including professional training.

The Software Technology Park Scheme (under The Ministry of Communication and Information Technology, Govt. of India) is a 100% Export Oriented Scheme for undertaking Software Development/IT enabled services for Export using Data Communication links or in the form of physical exports including export of professional services for rendering consultancy services and development of software.

A Software Technology Park may be set up by the Central Government, State Government, Public or Private Sector undertakings or any combination thereof. An STP may be an individual unit by itself or it may be one of such units located in an area designated as STP Complex by the Ministry of Communication and Information Technology.

Rahul Durge - STPI Consultant in Pune

I am a STPI Consultant from pune.

Business Consultant to Software Companies on Statutory, Government ,STPI work.One of leading STPI Consultants. Company Registration Statutory and Legal Compliances.

My Consultancy Firm : RBC

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Companies I've worked for

Persistent Systems Ltd.; QuantumID Technologies