Exporting IT or IT-enabled services you cannot ignore ?

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..... Exporting IT or IT-enabled services you cannot ignore ?
By: - Pradeep Reddy
Income Tax
Dated:- 24-2-2025
𝗦𝗼, 𝘄𝗵𝗮𝘁'𝘀 𝘁𝗵𝗲 𝗱𝗲𝗮𝗹 𝘄𝗶𝘁𝗵 𝗦𝗼𝗳𝘁𝗲𝘅 𝗙𝗼𝗿𝗺𝘀? They're man .....

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..... datory for 𝗔𝗟𝗟 𝗲𝘅𝗽𝗼𝗿𝘁𝗲𝗿𝘀 of IT and IT-enabled services. That includes: 🏢 Big companies 🏠 Small businesses 👨‍💻 Even proprietorships 𝗪𝗵𝘆 𝗱𝗼𝗲𝘀 𝘁𝗵𝗶𝘀 𝗺𝗮𝘁 .....

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..... 0321;𝗲𝗿? 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 refun .....

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..... ds 𝗛𝗲𝗿𝗲'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) 📑 S .....

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..... ervice Export Reporting 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.
Scholarly articles for knowledge sharing by authors, experts, professionals .....

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