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February 2013

Export of Goods and Services – Simplification and Revision of Softex Procedure at SEZs

By Gaurang Gandhi, Chartered Accountant
Reading Time 1 mins
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This circular provides that the revised Softex procedure which was applicable only to software exporters in Software Technology Parks of India (STPI) will, with immediate effect, be applicable to all software exporters whether in SPTI/SEZ/EPZ/100% EOU/DTA.

As per the revised procedure, a software exporter whose annual turnover is at least Rs. 1,000 crore or who files at least 600 SOFTEX forms annually on all India basis, will be eligible to submit statements in the revised excel format sheets as per formats Annexed to this circular.

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