Are you exporting IT or IT-enabled services you cannot ignore SOFTEX Compliance.
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....re you exporting IT or IT-enabled services you cannot ignore SOFTEX Compliance.<br>By: - Pradeep Reddy<br>Income Tax<br>Dated:- 18-3-2025<br><br>Are you exporting IT or IT-enabled services you cannot ignore 𝗦𝗢𝗙𝗧𝗘𝗫 𝗖𝗢𝗠𝗣𝗟𝗜𝗔𝗡𝗖𝗘. 💻📄 (Missing it could mean pen....
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....alties under FEMA ⚠️ and delayed GST refunds 🕒-nobody wants that, right?) 𝗦𝗼, 𝘄𝗵𝗮𝘁'𝘀 𝘁𝗵𝗲 𝗱𝗲𝗮𝗹 𝘄𝗶𝘁𝗵 𝗦𝗼𝗳𝘁𝗲𝘅 𝗙𝗼𝗿𝗺𝘀? They're mandatory for 𝗔&....
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....#120287;𝗟 𝗲𝘅𝗽𝗼𝗿𝘁𝗲𝗿𝘀 of IT and IT-enabled services. That includes: 🏢 Big companies 🏠 Small businesses 👨‍💻 Even proprietorships 𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝗺𝗮𝘁𝘁𝗲⻿....
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....9;? Staying compliant gets you: ✔ Proof of your IT or ITES exports ✅ ✔ Smooth access to Bank Realisation Certificates (BRCs) 🏦 ✔ Faster GST refunds 💸 𝗔𝗻𝗱 𝗶𝗳 𝘆𝗼𝘂 𝗱𝗼𝗻'𝘁? ❌ Penalties under FEMA ❌ Endless waits for GST refunds 𝗛𝗲....
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....;𝗿𝗲'𝘀 𝘄𝗵𝗮𝘁 𝘆𝗼𝘂 𝗻𝗲𝗲𝗱 𝘁𝗼 𝗱𝗼: 1️⃣ Register with STPI as a non-STP unit (if you aren't already). 2️⃣ File these reports regularly: 📝 Softex Forms 📊 Monthly Performance Report (MPR) 📑 Service Export Reporti....
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....ng Form (SERF) 📅 Annual Performance Report (APR) Compliance might not be as thrilling as your favorite Netflix binge 🎬, but it's the unsung hero keeping your business drama-free. Not sure where to start? Let's connect! 😊 See my bio for the ways to connect. Reply By YAGAY andSUN as = The article is excellently drafted, clear, and concise Dated: 18-3-2025 Reply By P....
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....radeep Reddy as = Thanks for your feedback Dated: 23-4-2025<br> Scholarly articles for knowledge sharing by authors, experts, professionals ....