Export Invoice Formats SOFTWARE TECHNOLOGY PARKS OF INDIA

							 SOFTWARE TECHNOLOGY PARKS OF INDIA – CHENNAI

Procedure for obtaining approvals/ permission from STPI with respect
to Import / Indigenous /Shifting / Inter Unit transfer / Debonding of
equipment / Re-Export of CG / Movement of Laptop

1. Procedure for Import / Indigenous Approval
Proforma Invoice Approval will be accorded to 100% EoUs registered with STPI
(STP/ EHTP Units), who propose to Import Capital Goods or propose to procure
Indigenous Goods, duty free (Import/Excise duty) for the Software/ Electronic
Hardware Export activity of the unit.

Following are mandatory requirements to be fulfilled before applying for
Import / Indigenous Approval:

1. LUT to be executed with STPI (Ref. Clause No. 6.6 of Foreign Trade Policy,
   Clause 6.4.1 & 6.4.2 of Hand Book of Procedures)
2. Premises to be bonded & the copy of BWHL to be filed with STPI
3. Attestation of proposed list of Capital Goods / Indigenous List by STPI
4. CG being imported / procured locally should be in the Positive List of Hand
   Book of Procedures of Foreign Trade Policy (Refer Clause 6.6.1 of Hand Book
   of Procedures)
5. CG Balance to be positive

Mode of Import

        Sl.   Mode of Import                   Foreign Trade Policy &
        No.                                    Hand Book of Procedure
                                                     Clause No.
         1    Outright Purchase                         6.2/
         2    Loan Basis                                 6.2/
         3    Free of Charge                             6.2/
         4    High Sea Sales                            2.24/-
         5    Deemed Import, Bond to                     2.28/
              Bond Transfer/ In Bond Sale
         6    Lease                                     6.4/6.9
         7    Second hand goods                        6.3/2.33
         8    Import through courier                     6.2.3
Documents to be submitted:

Please refer the checklist (available for download at www.stpc.soft.net/formats&
procedure/Import Formats & procedures/ ) for the list of documents to be
submitted for obtaining Import Approval / CT3 Exemption Approval


Approval process:
After verification of the documents for the relevant enclosures as per the checklist,
this office certifies the Proforma Invoice. Approval letter along with the
certified invoice shall be forwarded to the unit for further submission to Customs
Authority for clearance of goods.


In case of Capital Goods Imports :

The CIF Value ( CIF value = FOB * 21.125/100) of the Imported Goods will be
deducted from the existing CG balance and will be taken for Export Obligation
Calculation.

In case of Indigenous Purchase :

Value = Basic price including packing & forwarding charges. This value will be
deducted from the existing CT3 balance.


2. Procedure for Shifting of Imported Capital Goods / Indigenously procured
Capital Goods (Inter Unit Transfer)

STP/EHTP Units are allowed to shift the Imported Capital Goods / Indigenously
procured Capital Goods from one 100% EoU to other or from one bonded
premises to the other, after obtaining No Objection from STPI. (Foreign trade
Policy Clause No. 6.13)
Types of Shifting:

   • Temporary
      •   Demonstration Purpose
      •   Testing Purpose
      •   For Exhibition
      •   Between two locations of the same unit

   • Permanent
      •   Between two locations of the same unit
      •   Between EoUs within the same STPI Jurisdiction
      •   Between EoUs of the different STPI Jurisdiction
             Eg: EoU under STPI-Chennai to EoU under STPI-Bangalore
                    & vice versa


Documents to be submitted:

Please refer the checklist (available for download at www.stpc.soft.net/formats&
procedure/Import Formats & procedures/ ) for the list of documents to be
submitted for obtaining No Objection Certificate for Shifting of Equipments / Inter
Unit transfer.

Approval process:
In case of Temporary transfer –

After verification of the above documents for the relevant enclosures, this office
issues No Objection Certificate for Shifting of Capital Goods for further
submission to Customs Authority for clearance of goods/ for adhering custom
formalities. Once the goods are brought back to the bonded premises, the same
has to be intimated to STPI.

In case of Permanent transfer –

    After verification of the above documents for relevant enclosures, this office
    issues No Objection Certificate for Shifting of Capital Goods for further
    submission to Customs Authority for clearance of goods/ for adhering custom
    formalities.

    The CIF Value of the Capital Goods will be deducted from the CG balance of
    the transferee and will be considered for the export obligation calculation
    purposes and the same will be added to the CG of the transferor.
3. Procedure for Re-Export - Capital Goods
STP/EHTP Units are eligible for Re-Export of the Imported Capital Goods,
obtaining No Objection from STPI. (Foreign Trade Policy clause 6.17 and Hand
Book of Procedures Clause No. 6.28.1, 6.28.2)
Imported Capital Goods may be Re-Exported for any of the following reasons:
   Repair & Return
   Completion of the Project (If the goods were loaned)
   Replacement

Documents to be submitted:

Please refer the checklist (available for download at www.stpc.soft.net/formats&
procedure/Import Formats & procedures/ ) for the list of documents to be
submitted for obtaining No Objection Certificate for Re-Export of Capital Goods.

Approval process:
After verification of the above documents for relevant enclosures, this office
certifies the Re-Export invoice and No Objection Certificate will be issued to
the unit for further submission to Customs Authority for clearance of goods/ for
adhering custom formalities.

If the goods are re-exported due to project completion, the CIF Value ( CIF value
= FOB * 21.125/100) of invoice value will be added to the existing CG balance
and will be taken for Export Obligation Calculation.


4. Procedure for Movement of Laptop & Video Projection System

STP Units are eligible for Temporary Movement of Laptop and video projection
system, which are Imported duty free, out of the bonded premises, after obtaining
No Objection from STPI.

Documents to be submitted:

Please refer the checklist (available for download at www.stpc.soft.net/formats&
procedure/Import Formats & procedures/ ) for the list of documents to be
submitted for obtaining No Objection Certificate for Movement of Laptop /
projector System.
Approval process:
After verification of the above documents for relevant enclosures, this office
issues No Objection Certificate for Movement of Laptop / projector System to
the unit for further submission to Customs Authority for clearance of goods/ for
adhering custom formalities. Once the goods are brought back to the bonded
premises, the same has to be intimated to STPI.


5. Procedure for Debonding of Imported & Indigenous Goods

STP/EHTP Units are allowed to debond the Imported Capital Goods and the
Indigenously procured goods, after obtaining No Objection from STPI. Also, such
debonding shall be subject to payment of duties of Customs and Excise and the
industrial policy in force at the time of debonding.

(Pl. Refer Foreign Trade Policy - Hand Book of Procedures Clause No. 6.30 &
6.31)

Documents to be submitted:

Please refer the checklist (available for download at www.stpc.soft.net/formats&
procedure/Import Formats & procedures/ ) for the list of documents to be
submitted for obtaining No Objection Certificate for Debonding/Destruction of
equipments.

Approval process:
After verification of the above documents for relevant enclosures & if the export
obligation is met by the unit, this office issues No Objection Certificate for
Debonding/Destruction of equipment to the unit for further submission to
Customs Authority for clearance of goods/ for adhering custom formalities.

If the unit has not achieved the export obligation under the scheme, the case will
be referred to DGFT and the de-bonding shall be subject to penalty as may be
imposed by the competent authority.