Home India ITC01 - INFORMATION TECHNOLOGY, ELECTRONICS AND COMMUNICATIONS MS-10: IT Promotion - Incentives Policy – 100% Reimbursement...
Date: 2012-03-14 Category: Andhra Pradesh GOIR State: Andhra Pradesh Country: India

MS-10: IT Promotion - Incentives Policy – 100% Reimbursement of the Stamp Duty, Transfer Duty and Registration Fee of Rs.2,36,500/- and release of fifth and final Installment of Rs.88,620/- (Rupees Eighty Eight Thousand Six Hundred and Twenty only) to M/s.Real Page India Private Limited, under ICT Policy of Government of Andhra Pradesh - Orders – Issued.

Issued by ITC01 - INFORMATION TECHNOLOGY, ELECTRONICS AND COMMUNICATIONS · Not Applicable

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GOVERNMENT OF ANDHRA PRADESH ABSTRACT IT Promotion - Incentives Policy – 100% Reimbursement of the Stamp Duty, Transfer Duty and Registration Fee of Rs.2,36,500/- and release of fifth and final Installment of Rs.88,620/- (Rupees Eighty Eight Thousand Six Hundred and Twenty only) to M/s.Real Page India Private Limited, under ICT Policy of Government of Andhra Pradesh - Orders – Issued. INFORMATION TECHNOLOGY & COMMUNICATIONS (Promotions) DEPARTMENT G.O.Ms.No. 10 Dated:14.03.2012 Read the following: 1. G.O.Ms.No.11, IT&C Department, dt: 21.03.2005. 2. From M/s.Real Page India Private Limited, Hyd, Application dt: 29.01.2009. 3. Minutes of the 50th CCITI Meeting held on dt.15.07.2009. 4. G.O.Rt.No.320, IT&C Department, dt: 03.11.2009. 5. G.O.Ms.No.18, IT&C Department, dt: 02.09.2010. 6. G.O.Ms.No.35, IT&C Department, dt: 30.10.2010. 7. G.O.Ms.No.24, IT&C Department, dt: 29.11.2011. 8. G.O.Rt.No.2784, Finance (EXPR.GAD-II) Department dt.20.07.2011. 9. U.O.Note No.1186/IT&C/Budget/2011, IT&C Dept, dt: 25.07.2011. O R D E R: In exercise of the powers conferred in the order first read above, Government have ordered payment of certain incentives to the eligible IT Industries in Andhra Pradesh. In pursuance of said orders M/s.Real Page India Private Limited filed the application for claiming 100% reimbursement of the Stamp Duty, Transfer Duty and Registration Fee amounting to Rs.2,36,500/- paid by them for acquiring office space of 20,279 sq.ft., on lease basis, at 2nd floor, Laxmi Cyber City, Block-B, Municipal Nos:2- 91/14/11-14, Sy.No.10 (P), Kondapur Village, Serilingampally, Cyberabad, Hyderabad, for setting up its IT/ITES center. 2. On consideration of the said application, Government have issued orders vide reference fourth read above, sanctioning an amount of Rs.2,36,500/- to be released in installments to M/s.Real Page India Private Limited, Hyderabad, and released first installment of Rs.42,570/-, second installment of Rs.21,332/- vide fifth read above, third installment of Rs.31,931/- vide sixth read above and fourth installment of Rs.52,046/- vide seventh read above. 3. Taking into consideration the recommendations of CCITI vide third read above, Government after careful consideration, hereby accord sanction to release Rs.88,620/- (Rupees Eighty Eight Thousand Six Hundred and Twenty only) as fifth and final installment in favour of M/s.Real Page India Private Limited towards 100% reimbursement of Stamp Duty, Transfer Duty and Registration Fee. The terms and conditions stipulated for sanction and release of this incentive to M/s.Real Page India Private Limited, in G.O. fourth read above are reiterated and remains the same. P.T.O.::2:: 4. The 100% Reimbursement of the Stamp Duty, Transfer Duty and Registration Fee subsidy of fifth and final Installment of Rs.88,620/- (Rupees Eighty Eight Thousand Six Hundred and Twenty only) sanctioned and released at Para.3 above to M/s.Real Page India Private Limited, shall be debited to the following Head of Account: 3451 : Secretariat Economic Services MH 090 : Secretariat GH (11) : Normal State Plan SH (22) : IT&C Department 330 : Subsidies 5. The Joint Director & DDO, IT&C Department shall draw the amount of Rs.88,620/- (Rupees Eighty Eight Thousand Six Hundred and Twenty only) towards fifth and final installment sanctioned in Para.3 above and arrange for payment after duly applying the TDS to M/s.Real Page India Private Limited, Hyderabad. 6. M/s.Real Page India Private Limited shall submit an advance stamped receipt for Rs.88,620/- (Rupees Eighty Eight Thousand Six Hundred and Twenty only) to the Department in duplicate. (BY ORDER AND IN THE NAME OF THE GOVERNOR OF ANDHRA PRADESH) SANJAY JAJU SECRETARY TO GOVERNMENT To M/s.Real Page India Private Limited 2nd floor, Laxmi Cyber City, Block-B, Kondapur, Hyderabad - 500084 The Accountant General (A&E)/(Audit), A.P.Hyderabad The Director Treasuries & Accounts, A.P., Hyderabad The Pay and Accounts Officer, Hyderabad The Resident Audit Officer, O/o Pay and Accounts Officer, Hyderabad The Dy. Pay and Accounts Officer, AP Secretariat Branch, Hyderabad The JD & DDO, IT&C Department Copy to: S.F./Spare // FORWARDED : : BY ORDER // SECTION OFFICER

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