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Rebate
on registration and transfer of property charges and
exemption from stamp duty on a tapering scale shall
be given for sale/lease of built-up space to the IT
Industry establishing facilities in private STPs/ Government
STPs/IT Parks as under:
i)
From 4.10.2002 to 31.12.2003 90% rebate
ii)
From 1.01.2004 to 30.6.2005 75% rebate
iii)
From 1.7.2005 to 31.12.2006 60% rebate
iv) From
1.1.2007 to 30.6.2008 45% rebate
The
said exemption would be available for sale or lease
of land in industry Estates developed by the State or
the Public sector organizations where such sale or lease
is established an Information technology industry.
The
said exemptions would further be available to an organisation
in private or public sector, which purchases land for
setting up a Software technology park or an Information
Technology Park or a Cyber city and for which the required
approval has been obtained from the department of Town
and Country Planning, Haryana with the condition that
he will pass on this concession to the IT units, which
purchase lands in the park/city so developed, for setting
up of IT units, subject to necessary safe guards. The
units which take land or built up space on lease purchase
basis in such parks/city would also be entitled for
this exemption. However this remission would be limited
to the first transaction only.
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