Softex form has to be filed whenever there is export of software otherwise than in physical form. For example via magnetic tapes/discs, paper and transmission links
When Softex Form has to be filed
Softex in the form of Excel summary sheet as notified by RBI can be filed for all invoices raised in a month. The Softex is required to be filed within 30 days from the date of last invoice raised in that month
What happens to businesses who export software who are not registered with STPI
In order to become a NON-STP unit under STPI, the company has to get register itself with STPI on submission of application form along with the supporting documents, to the jurisdictional Director, STPI