Income tax & Service tax exemtions under registration STPI

[p parthiban]

 

Dear Sir ,

I am doing the software development business in india as a proprietor and  I have received the job from USA and I have to issue the bill & I got the US Dollar

And I have not  to registered In STPI

My question is

1. Suppoese I have registered in STPI   then Income tax & service tax  will be exempted ?

2. STPI Scheme still available or This scheme closed As Yr : 2010 ?

3.  if Available STPI scheme what is time Limit ?

Pls clarify as soon as possible .

AI Summary

Software Developer Seeks Clarity on STPI Scheme Tax Exemptions and Extensions Post-2010 for Business Benefits A proprietor in India engaged in software development sought clarification on tax exemptions under the STPI registration, specifically regarding income and service tax exemptions, the availability of the STPI scheme post-2010, and its time limits. A respondent informed that the STPI scheme had been extended for an additional year, offering benefits such as service tax exemption, CST reimbursement, and procurement advantages without VAT/Excise/Customs Duty. To avail of these benefits, registration with the Development Commissioner of the Jurisdictional STPI, Excise Department, VAT Department, and Income Tax Department is necessary.