Telematic infrastructural equipments, when imported into India for being used for the export of software out of India under the Software Technology Parks Hundred Per cent Export Oriented Scheme - 153/1993 - Customs -Tariff
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Customs exemption for telematic equipment: allowed for STP export use, subject to certification, bond, re export and depreciation rules. Exempts specified telematic infrastructural equipments imported for use in exporting software under the STP Hundred Percent Export Oriented Scheme from customs duty, subject to conditions: certificate from the Director of the Software Technology Park Society, exclusive use by STP units on ISP premises, execution of a customs bond imposing installation, non removal, payment of duty on non used goods and compliance with customs procedures, permission based re export, and option to clear on payment of duty on depreciated value computed by the prescribed quarterly straight line schedule; Annexure lists covered equipment.
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Provisions expressly mentioned in the judgment/order text.
Customs exemption for telematic equipment: allowed for STP export use, subject to certification, bond, re export and depreciation rules.
Exempts specified telematic infrastructural equipments imported for use in exporting software under the STP Hundred Percent Export Oriented Scheme from customs duty, subject to conditions: certificate from the Director of the Software Technology Park Society, exclusive use by STP units on ISP premises, execution of a customs bond imposing installation, non removal, payment of duty on non used goods and compliance with customs procedures, permission based re export, and option to clear on payment of duty on depreciated value computed by the prescribed quarterly straight line schedule; Annexure lists covered equipment.
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