Accounts Payable STPT

In accounts payable - What do you mean by STPT?

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Software Technology Parks of India (STPI), is a society set up by the
Department of Communication & Information Technology, Government of India in 1991, with the objective of encouraging, promoting and boosting the Software Exports from India.


Required in Accounts Payable for Pay Service charges to STPI.
Service Charges to STPI: Each STP unit is required to pay service charges to
STPI as per following:












Export Turnover

Annual Service Charge
Exports upto Rs.25 lakhs per annumRs. 7,500/-
Exports between Rs.25-50 lakhs per annumRs. 15,000/-
Exports between Rs.50-300 lakhs per annumRs. 50,000/-
Exports between Rs 3-10 Cr. per annumRs 1,00,000/-
Exports between Rs 10-50 Cr. per annumRs. 2,00,000/-
Exports between Rs 50-100 Cr. per annumRs. 3,00,000/-
Exports above Rs 100 Crores and aboveRs. 5,00,000/-

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