Electronics Hardware Technology Park Scheme

Software Technology Parks of India Under Ministry of Electronics and Information Technology

 

Units undertaking to export their entire production of goods and services may be set up under the Electronic Hardware Technology Park (E.H.T.P.) Scheme. Such units may be engaged in manufacture and services.

Commensurate with the policy to give a special thrust to export of electronic hardware, such units would be encouraged to be set up under the aforementioned export oriented scheme.

 



Scheme Benefits & Highlights

Overall benefits of the scheme are as follow:

  1. Electronics Hardware Technology Park unit may import free of duty all types of goods, including capital goods as defined in the Export Import (E.X.I.M.) Policy, required by it for manufacture, services, production and processing or in connection therewith.
  2. The units shall also be permitted to import goods, including capital goods, free of cost or on loan from clients required for the approved activity.
  3. Electronics Hardware Technology Park units may procure goods required by them for manufacture, services, production and processing or in connection therewith, duty free, from bonded warehouses in the Domestic Tariff Area set up under the Export Import (E.X.I.M.) Policy.

Few Additional Financial benefits provided by the scheme are as follow: 

  • 100% FDI investment permitted through automatic route
  • Duty free imports/ domestic procurement permissible for Capital goods, Raw materials, Components and other inputs
  • Central Sales Tax refundable
Eligibility
  • MSMEs
  • Minimal "Minimum Export Performance" norms i.e., US Dollar one million or three times C.I.F. Value of imported goods whichever is higher & Positive Net Foreign Exchange Earnings against Export Earnings to be achieved over a period of five years.
  • Additional details are at: click here

 

Membership Procedures

In order to become a certified member unit under STP scheme, approval from the competent authority i.e. Director, STPI-Mumbai is required. Following documents are required for obtaining approval :                                                                                               

  • Gist of application
  • Application in triplicate
  • Project report
  • Board resolution
  • Memorandum or Articles of association
  • Export order / contract or MOU
  • List of Directors
  • Importer - Exporter code number
  • Proof of STP location premises ( e.g. Leave and licence)
  • Valid data communication proof (e.g. Receipt of payment, service acceptance letter)

 


Nature

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