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Foreign equity is allowed up to 100%
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Single-window clearance approval scheme.
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Permission to set up STP anywhere in India.
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Power allotted to the Jurisdictional Directors to approve import of capital goods needed for the business, net of taxes, up to USD 20 million.
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Import of software and hardware goods for the business is allowed completely duty-free.
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Provision for import of second-hand capital goods.
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Provision to re-export the capital goods.
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Domestic purchases made by STP units get the benefit of deemed exports to the equipment suppliers.
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Commercial training can be conducted with the help of computers, provided all such terminals are installed within the STP premises allowed.
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The sale of the products or services in the Domestic Tariff Area (DTA) is allowed up to 50% of the export value.
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Benefits such as levy of Excise Duty and reimbursement of Central Sales Tax for the capital goods bought from the DTA.
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Exemption from paying corporate income tax for a block of 10 years (2009).
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Various components, such as the Royalty, Know-How fees, Dividend, etc.,paid on the capital can be repatriated as soon as the foreign entrepreneur pays the applicable Income Tax on them.
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Permission to start call centers.
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The units are eligible for the title as International Service Export House', 'Service Export House', International Star service House', etc.
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The Simplified Minimum Export Performance policy under the STP scheme allows USD 0.25million or 3 times the CIF value of the imported capital goods,whichever higher, along with 10% of the Net Foreign Exchange Earnings against Export Earnings.
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The Simplified Minimum Export Performance policy under the EHTP schemeallows USD 1million or 3 times the CIF value of the imported capital goods, whichever higher, and the Net Foreign Exchange Earnings.
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Depreciation on the capital goods above 90% for more than five years and an accelerated rate of 7% in every quarter of the first two years provided it satisfies the 70% limit criterion in the first three years.