STPI directors to manage IT SEZs
New Delhi, Sept 22: The Commerce Ministry has decided to appoint directors of Software Technology Parks of India as development commissioners of information technology Special Economic Zones but rejected the demand by IT and communications ministry to hand over the administrative control.
"STPI directors can be development commissioners in IT SEZs, but they will be under the administrative control of commerce ministry," a senior government official said. He said IT and IT-enabled services SEZ do not require physical checks by customs or tax authorities similar to manufacturing and industrial SEZs as these zones export software services and there is no movement of goods.
While multi-product zones require 16 customs officials, there was no such need in IT SEZs, he said, adding that STPI directors would be suitable as they were already well versed with IT parks. The Board of Approval has so far given final approvals to 164 SEZs. These include more than 100 SEZs in IT and ITeS sectors.
The appointment of STPI directors in IT SEZs was one of the demands raised by IT and Communications Ministry. It has been pushing a proposal to treat STPIs at par with SEZs.
http://www.newindpress.com/NewsItems.asp?ID=IEB20060922234153&Title=Business&rLink=0
"STPI directors can be development commissioners in IT SEZs, but they will be under the administrative control of commerce ministry," a senior government official said. He said IT and IT-enabled services SEZ do not require physical checks by customs or tax authorities similar to manufacturing and industrial SEZs as these zones export software services and there is no movement of goods.
While multi-product zones require 16 customs officials, there was no such need in IT SEZs, he said, adding that STPI directors would be suitable as they were already well versed with IT parks. The Board of Approval has so far given final approvals to 164 SEZs. These include more than 100 SEZs in IT and ITeS sectors.
The appointment of STPI directors in IT SEZs was one of the demands raised by IT and Communications Ministry. It has been pushing a proposal to treat STPIs at par with SEZs.
http://www.newindpress.com/NewsItems.asp?ID=IEB20060922234153&Title=Business&rLink=0
posted by Sudarshan Rodriguez at 3:35 AM
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