Annual Survey on Computer Software & Information Technology Enabled Services Exports (ITES)

The Reserve Bank conducts the survey on Computer Software & Information Technology Enabled Services (ITES) Exports annually. The survey collects information from software and ITES/BPO/LLPs exporting companies on their computer software and IT enabled services exports as at end-March of the latest Financial Year (FY).

Objective of the Survey:

 

With the opening of the world economies and technological developments taking place at rapid pace; software & IT services exports and BPO activities have gained enormous importance in India’s economy. The country does not have an adequate system of recording data on software and IT services exports and BPO activities, essentially for the Government of India (GoI) and other agencies, viz. Reserve Bank of India (RBI), for taking further policy initiatives required for giving necessary thrust to these sectors. Besides, dissemination of certain information on these sectors at aggregate level [under Balance of Payments Statistics (BoPS) and under National Accounts Statistics (NAS), etc,] to the public raises the confidence of the international financial system in the country’s economy. This survey is taken up for the fulfillment of the above objectives. 

Points to be noted:

  • All software / IT / BPO Companies/LLPs/proprietorship firm in India engaged in the business of export of computer software & information technology enabled services should fill-up the latest survey schedule in excel format (*.xls format), which is available on RBI website, without incorporating any macros
  • The RBI launches the ITES survey during the month of June every year with the previous financial year end-March as the reference date.
  • The respondent companies/LLPs/proprietorship firms can submit their responses on or before July 15 of every year.
  •  If the company’s accounts are not audited before the due date of submission, i.e., July 15, then the ITES survey schedule should be submitted based on unaudited (provisional) account.
  • The soft form of this survey schedule (both in Hindi and English) is available on the RBI’s website under the head ‘Regulatory Reporting’–^ ‘List of Returns’–^ ‘ITES – Survey Schedule^ or under the head ‘Forms’ (available under ‘More Links’ at the bottom of the home page) and sub-head ‘Survey’], which can be duly filled and submitted via email at surveysoftex@rbi.org.in
  • The entity receives a system-generated acknowledgement mail of ITES data submitted at the time of final processing itself. No separate mail will be sent in this regard.
  • The schedule is divided into four parts, A to D. Part A of the survey schedule contain the information about the company’s Profile. Part B contain the information about the Exports done during the reference period April 2022 to March 2023 and its decomposition according to currency, country region, uses, mode of supply, etc. Part C captures information on employment as on year end, while Part D gives the information about the exports done by the foreign subsidiaries/ associates of the company during the reference period.
  • While reporting the export amount in Rupees, figures should be given as per the books of accounts.

To read more refer:

https://www.rbi.org.in/commonman/English/Scripts/FAQs.aspxId=3321#:~:text=Is%20it%20required%20to%20fill,its%20accuracy%20including%20CIN%20number 

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