Thursday, November 5, 2015
Software Export – Filing of bulk SOFTEX
All software exporters can now file single as well as a bulk SOFTEX form in excel format to the competent authority for certification. Since the SOFTEX data from STPI/SEZ is being transmitted in electronic format to RBI, the exporters are required to submit the SOFTEX form in duplicate as per the revised procedure. STPI/SEZ will retain one copy and hand over the duplicate copy to the exporters after due certification.
The software exporters can generate SOFTEX form number by filling-in the online form (Path www.rbi.org.in/ Forms/ FEMA Forms/ Printing EDF/SOFTEX Form No.).
The exporters are required to complete the SOFTEX form using the number so allotted and submit it first to the competent authority for certification and then to the AD for further action.
Based on RBI Circular dt 05/11/15. Please visit www.rbi.org.in for any further clarification if required….. Poppy