SOFTEXmediumReserve Bank of India
SOFTEX — SOFTEX Declaration for Software Exports
Declare the export of software, including on-site and data-communication-link exports, within 30 days of the date of invoice. The declaration feeds EDPMS, against which export realisation is tracked.
- Due
- 30 days from the date of the invoice
- Frequency
- Event based
- If it lapses
- Compounding under FEMA s.13 — up to 300% of the amount involved — ₹2,00,000
- Statutory reference
- Master Direction — Export of Goods and Services
Who has to file it
Every one of these has to hold before SOFTEX binds an entity:
- exports or imports
- Filed on:
- STPI / SEZ authority, feeding EDPMS
- Usually owned by:
- Accountant
- Typical effort:
- 2 hours
Common questions
- When is SOFTEX due?
- 30 days from the date of the invoice. It falls due whenever the triggering event happens.
- Who has to file SOFTEX?
- It applies to exports or imports.
- What is the penalty for filing SOFTEX late?
- Compounding under FEMA s.13 — up to 300% of the amount involved — ₹2,00,000
- Where is SOFTEX filed?
- STPI / SEZ authority, feeding EDPMS.
This is the standing statutory position. The government extends deadlines often, and an extension is not reflected here until the rule is updated. Mallah Software Services Private Limited is a software company and not a firm of company secretaries or chartered accountants — nothing here is legal, tax or secretarial advice. Confirm the date with your professional before relying on it. See the Professional Disclaimer.
Other FEMA / RBI obligations
- ECB-2ECB-2 Return on Utilisation and Debt Servicing
- ECB-FORM-LRNLoan Registration Number for an External Commercial Borrowing
- FC-GPRReporting of Foreign Investment
- FC-TRSTransfer of Capital Instruments to or from a Non-Resident
- FDI-LLP-IForeign Capital Contribution to an LLP
- FDI-LLP-IIDisinvestment or Transfer of an LLP Interest