TaxTMI 
TaxTMI 
SOFTWARE TECHNOLOGY PARKS SCHEME
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....on 3 of the Foreign Trade (Development and Regulation) Act, 1992, the Central Government hereby notifies the following amended Software Technology Park (STP) Scheme. 2.0 Software Technology Parks (STP) Scheme : 2.1 The Software Technology Park (STP) Scheme is a 100 per cent. Export Oriented Scheme for undertaking software development for export using data communication link or in the form of phy....
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....t may be submitted to the Chief Executive of the Software Technology Park Complex along with the details of the software project. Such application will be considered by an Inter Ministerial Standing Committee (IMSC) constituted under the Chairmanship of the Secretary, Department of Electronics, Government of India, notified, vide Gazette No. 294 G.S.R. No. 526(E), dated August 13, 1991, published ....
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.... STP unit 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 term....
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.... shall be available provided the goods supplied to the STP unit are manufactured in the country. 2.10 The provisions of paragraphs 96,104,109,110 and 112 to 117 of Chapter IX of the Export and Import Policy (1992-97) applicable to export oriented units (EOUs) and units in Export Processing Zones (EPZs) shall also apply to the STP units subject to the following modifications : (a) The word "STP" ....