https://www.taxtmi.com/acts?id=8422 The STP Scheme creates a fully export oriented regime for software development permitting duty free imports and operation in custom bonded areas, with application and licensing through the STP authority and IMSC. Units may import capital goods (including client loaned equipment) duty free except prohibited items, make limited domestic sales, and must meet an export obligation tied to hardware imports and wage bills. Supplies from the Domestic Tariff Area to STP units are treated as deemed exports; select EOU/EPZ policy provisions apply with institutional substitutions. Incentives include a corporate tax holiday and allowance of full foreign equity. en-us Mon, 18 Feb 2008 13:30:56 +0530 Mon, 18 Feb 2008 13:30:56 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=8422 The STP Scheme creates a fully export oriented regime for software development permitting duty free imports and operation in custom bonded areas, with application and licensing through the STP authority and IMSC. Units may import capital goods (including client loaned equipment) duty free except prohibited items, make limited domestic sales, and must meet an export obligation tied to hardware imports and wage bills. Supplies from the Domestic Tariff Area to STP units are treated as deemed exports; select EOU/EPZ policy provisions apply with institutional substitutions. Incentives include a corporate tax holiday and allowance of full foreign equity. Act-Rules Direct Taxes Mon, 18 Feb 2008 13:30:56 +0530 https://www.taxtmi.com/acts?id=8422