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