About STPI Scheme

After obtaining Letter of Permission (LoP),

• The approved STP unit is required to execute Legal Agreement (LA) / Legal Undertaking (LuT) with STPI on an Rs. 500/- stamp paper (Indian Non-Judicial Paper)



To obtain:

• List Attestation w.r.t proposed CG procurement (Import & Indigenous)
• Registration Cum Membership Certificate (RCMC)
• Green Card (proof / identity card as 100% EoU status) With the LOP, LUT, List Attestation, Green Card and other approvals accorded by STPI, STP/EHTP units are required to approach customs authorities for bonding of the premise & execution of Bank Guarantee.

STP/ EHTP units are free to import all capital goods those required for creating STP infrastructure unless otherwise the same are in the prohibited list. These goods may be imported as per clause 6.2(a) of Foreign Trade Policy and 6.6.1 & 6.6.7 of the Foreign Trade Policy Hand Book of Procedures and customs notification 52/2003 dated 31/3/2003. Benefit: Customs duty exemption

Types of Import:

• Outright Purchase
• Loan basis from client / supplier / parent company Loan period to be indicated
• Free of cost from client / supplier / parent company
• Lease basis (clause 6.4 of FTP & clause 6.9 of HoP of FTP) Lease agreement to be filed
• Bond – Bond sale Proof of EoU to be filed
• High Sea Sale High sea sale agreement to be filed
• Second Hand Capital goods (clause 6.3 of FTP & 6.6.1(b) of HoP of FTP ) Chartered Engineers certificate to be filed

Procedure:

• A request letter accompanied with Annexure IX and the Proforma Invoice to STPI.
• Import approval issued by STPI
• Approach customs for necessary clearance of Goods

Bonding of Imported capital Goods

• Obtain Import Approval from STPI
• Clear imported capital goods from customs, obtain BoE
• Enter the details of the capital goods procured in the bond register, duly maintained.
• Separate bond register to be maintained in case of STP /EHTP units operating from multiple locations.
• Request mail to STPI bonding officer for inspection
• STPI Bonding officer will inspect the imported capital goods against the import approval issued by STPI, BoE, Packing list etc.,
• The Bonding Officer will endorse the Bond Register and will issue re-warehousing certificate
• Submit Re-warehousing Certificate (RWC) to customs authorities within 7 days

STP units are allowed to Re-Export the capital goods which are imported, as per clause 6.17.of Foreign Trade Policy and 6.28.1 6.28.2 of Hand book of procedures, with the permission of the STPI & Customs

Types of Re-Export

Case 1 : Re-Export of Capital Goods for Replacement

Case 2 : Re-Export of Capital Goods imported on Loan basis

Case 3 : Re-Export of Capital for Repair & Return

Case 4 : Re -Export of surplus or obsolete Capital Goods to the supplier / client / parent company. (as per clause 6.15(a) and 6.15(b) of FTP)

Procedure:

• A request letter accompanied with Annexure VI- the
• Re-export invoice & Annexure VI-A to STPI with necessary enclosures Re-Export approval issued by STPI
• Approach customs for necessary clearance of Goods

Shifting of Imported Goods

STP Units are permitted to Shift Imported Capital Goods as per clause 6.13 of the Foreign Trade Policy.

Shifting / Transfer of Equipment’s - Permanent or Temporary

• One location to other location of the same STP/EHTP unit
• One STP/EHTP/EoU unit to other STP/EHTP/EoU unit in the same jurisdiction (viz Bangalore)
• One STP/EHTP/EoU unit to other STP/EHTP/EoU unit in the different jurisdiction (viz Bangalore & Mumbai)

Types /Reasons of Shifting / Inter Unit Transfer

• Shifting for Repair
• Shifting for Demonstration/Execution of Project/Training / testing / calibration
• Shifting for Sub-Contracting
• Shifting in case of Change/Expansion of Location of STP Operations – within the unit’s additional premise / change in premise.
• Inter Unit transfer (100% to 100% EoU) Permanently



Debonding of Capital and Indigenous Goods




STP /EHTP units are allowed to De-bond the unused capital goods which are imported or procured duty free on payment of applicable customs / central excise duties with the permission of STPI & Customs Authorities.

Procedure:

• A request letter accompanied with necessary enclosures
• NoC for De-bonding of CG issued by STPI
• Approach customs for necessary clearance of Goods



Space Expansion or Additional Premises




STP / EHTP units may expand their operations in their existing license by obtaining Space Expansion / additional location approval within the same premise or anywhere within the same STPI jurisdiction as per clause 6.34 of Foreign Trade Policy -Hand Book of Procedures.


Procedure:
• A request letter accompanied with necessary enclosures
• Floor plan with dimension details (Sq mts)
• Lease Agreement copy
• Copy of municipal tax paid challan
• Existing customs license

Space expansion approval issued by STPI Approach customs for necessary clearance and updation in the PBWHL



Debonding of Premises:


STP / EHTP units may De-bond their premise either partially or fully.



Procedure:

• A request letter stating the reason and necessary enclosures
• Dimension details of the area being de-bonded
• Declaration stating that there are no bonded items (either Imports or CT3 goods)



De-bonding of premise approval will be issued by STPI




Approach customs for necessary clearance and updation in the PBWHL




De-bonding of Capital Goods




STP / EHTP units are allowed to de-bond Imported/CT3 Capital Goods by payment of applicable customs duty as per Foreign Trade Policy Hand Book of Procedures with permission of STPI & Customs authorities




Destruction or Scrapping of Goods




STP / EHTP units are allowed to destroy or Scrap the obsolete Imported /CT3 Capital Goods without payment of customs duty as per clause 6.34 of Foreign Trade Policy Hand Book of Procedures with permission of STPI & Customs authorities




Subcontracting




STP / EHTP units are allowed to sub-contract part of their export job to other STP / DTA unit for better utilization of resources as per clause 6.14 of Foreign Trade Policy and clause 6.21.1 of Foreign Trade Policy –Hand Book of Procedures.




Procedure:




A request letter for Sub-contracting approval with Annexure XX and necessary enclosures

Purchase Order copies / Agreement copy for the sub-contract.

Percentage of the sub-contract.

Disclaimer certificate as to who will be availing the export benefits

NOC for sub-contracting will be issued by STPI

Approach customs for necessary clearances