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December 2012

A. P. (DIR Series) Circular No. 47 dated 23rd October, 2012

By Gaurang Gandhi, Chartered Accountant
Reading Time 1 mins
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Export of Goods and Services – Simplification and Revision of Softex Procedure

Presently, the simplified & revised procedure for submitting Softex Form is applicable/available only to units in Software Technology Parks of India (STPI) at Bengaluru, Hyderabad, Chennai, Pune and Mumbai.

This circular states that the said simplified and revised procedure for submitting Softex Form is now applicable/available to units in all STPI in India.

The circular further provides that a software exporter, whose annual turnover is at least Rs.1000 crore or who files at least 600 SOFTEX forms annually on all India basis, can now submit a statement in excel format as detailed in A. P. (DIR Series) Circular No. 80 dated 15th February, 2012.

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