STPI

 The Software Technology Parks of India (STPI) Scheme is a 100% export-oriented programme for developing and exporting computer software, as well as professional services.


The Government has provided exemption on customs duty and IGST on import of capital goods to these units for the benefit of business group at large.

To recap, the exemption available to EOUs/ STPI from whole of the customs duty and IGST was reinstated by the government in the post GST era by way of various notifications listed below:

  • Notification 78/2017 -Customs (N.T), dated October 13, 2017 – Vide this notification, Government of India has provided exemption from whole of customs duty and IGST upto March 31, 2018;
  • The above benefit was extended time to time vide Notification no.33/2018-Customs, dated March 23, 2018, Notification no.65/2018-customs, dated September 24, 2018, Notification no.9/2019 – Customs, dated March 25, 2019, Notification no.16/2020 – Customs, dated March 24, 2020, Notification no.19/2021-Customs, dated March 30, 2021 and Notification no.18/2022-Customs, dated March 31, 2022.
  • The last notification extending the benefit i.e. Notification no.18/2022-Customs, dated March 31, 2022 was issued wherein the exemption was extended upto June 30, 2022.

Therefore, post June 30, 2022, the option to claim IGST exemption by EOU/STPI will no longer be available. This will result in significant burden for service export units and would put undue strain on finances of units engaged in 100% exports as these companies have huge investments by way of capital expenditur

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