The Software Technology Parks Scheme under the IT Ministry 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.

Scheme Benefits & Highlights:

• 100% customs duty exemption on imports of capital goods and raw materials.
• Equipment can be imported on loan or lease basis.
• All relevant equipment/goods including second hand equipment can be imported (except prohibited items).
• 100% GST exemption on indigenous procurement.
• Green card enabling priority treatment for government clearances / other services.
• 100% Foreign Direct Investment permissible through 'Automatic Route' of RBI.
• Sales in the DTA (Domestic Tariff Area) up to 50% of the foreign exchange earned by the unit.
• Unit can be set up anywhere in India.
• Units need to achieve positive NFE (Net Foreign Exchange).