Exemption to imported goods for software development permits duty-free import subject to licence, bond, export and usage conditions. Exemption from customs and additional duties is available for specified capital goods, raw materials, components, spares, consumables, drawings and permitted office equipment imported for development of software for export by units in the Software Technology Park Complex under the Hundred Per Cent Export Oriented Scheme, subject to licence, customs bond, prescribed procedures, use within the Complex, export obligations as fixed by the Standing Committee, certificate of installation/use from the Software Technology Park Society, payment of duties on depreciated or unused items on expiry, and bond-backed liability for non compliance.