Clarification regarding requirement of filing SOFTEX forms with respect to invoices raised by one Special Economic Zone ('SEZ') unit to other SEZ unit and a unit located in Domestic Tariff Area ('DTA unit')
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SOFTEX filing requirement clarified: SEZ to SEZ and DTA to SEZ service transactions are not subject to FEMA reporting. Transactions between SEZ units, and transactions from DTA units to SEZ units for export of services, are not subject to FEMA and therefore do not require declaration in EDF or filing of SOFTEX forms; this position is issued in consultation with the Reserve Bank of India and approved by the competent authority.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
SOFTEX filing requirement clarified: SEZ to SEZ and DTA to SEZ service transactions are not subject to FEMA reporting.
Transactions between SEZ units, and transactions from DTA units to SEZ units for export of services, are not subject to FEMA and therefore do not require declaration in EDF or filing of SOFTEX forms; this position is issued in consultation with the Reserve Bank of India and approved by the competent authority.
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