SOFTWARE TECHNOLOGY PARKS SCHEME

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....ed Scheme for undertaking software development for export using  data communication link or in the form of physical exports including export of  professional services. 2.2 A Software Technology Park (STP) may be set up by the Central Government, State Governments,    public or private sector undertakings or any  combination thereof. An STP may be an individual unit by itself or it may be one  of such units located in an area designated as STP Complex by the Department of Electronics. 2.3 The scheme is administered by the Department of Electronics, Government of India, through Directors of respective Software Technology Parks  which form part of the Software Technology Parks of India, a society establ....

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....nit will be a duty-free custom-bonded area. The normal procedure applicable for custom     bonding will be followed. 2.6 The entire software (including consultancy fees, software services and sale  of software) developed by the STP unit shall be exported except the sales in the  Domestic Tariff Area (DTA). The sales in the DTA shall be permissible up to 25  per cent of the production in value terms made by the STP unit. 2.7 The following supplies shall be counted towards the fulfilment of the  export obligation of the STP unit : 2.7.1 Supplies specified in para 121 of the EXIM Policy ; 2.7.2 Supplies effected in DTA against payment in foreign exchange. 2.8   The STP unit shall be e....