Bonded Asset Tracking
for STPI & SEZ Centres
Software technology parks and special economic zones carry strict customs obligations on imported IT assets. One untracked asset movement = a duty liability. TRAXX tracks every laptop, server, and device — from entry to exit.
Software development wings of multinational companies registered under STPI or operating from SEZ premises in India — technology captive centres of banks (Wells Fargo India, Citi Technology, HSBC Technology), consulting firms, and global IT companies operating from Hyderabad, Pune, Bengaluru, Chennai, and similar tech hubs.
Import duty exposure
IT assets imported under STPI/SEZ customs duty exemption must stay within the zone. Every exit — permanent or temporary — requires documentation. Undocumented exits trigger full duty recovery.
Ghost assets on customs records
Assets written off internally but still on customs records. Employees leave with laptops never formally exited. Customs auditors find discrepancies. Penalties follow.
Temporary removal complexity
Employees carry laptops to client sites, work from home, attend conferences abroad. Each is a customs event. Without a system, these are invisible — until a customs audit.
Every bonded asset. Every movement.
TRAXX maintains a complete register of all assets imported under STPI/SEZ duty exemption. Every movement — within the zone, out on temporary removal, permanently exited — is logged with the required documentation. Customs auditors see a clean, complete trail.
- Bonded asset register — separate from general FAR
- Import value and duty exemption amount per asset
- Temporary removal logs — employee travel, client sites
- Permanent exit documentation — retirement, disposal
- Re-import tracking when assets return to zone
- Annual STPI/SEZ compliance report ready on demand
Set · Duty Calculated
Calculated & Logged