a) IT Industry Definition given
in para 19(a) of the Gazette of India (Extraordinary)
Notification No. 160 dated July 25, 1998 shall be
expanded as follows:
"The term IT industry
shall cover development and production of IT
products'. It is clarified that IT products includes
It Hardware, Digital Electronic Equipment, Electronic
Components and IT Software and related services.
b) The definition of IT
Services given in para 19(a) of the Gazette of India
Extraordinary Notification No. 160 dated July 25,
1998, shall be expanded to include the following
services allied to IT products:
• System integration
Services
• IT products design
services
• IT products support
services
• Test and Repair
Services
• Facilities
Management Services
c) The term Electronic
Components/Primary products do not include Electronic
subassemblies/intermediate products.
d) Soft-bonded IT (S-BIT) Unit
is defined as an IT industrial Unit which will have
freedom to use its manufacturing facility for
domestic sale as well as for exports. Such units will
not be under physical bonding but only fiscal bond.
The units will execute LUT and no Bank Guarantee will
be demanded of such units.
e) An S-BIT zone is defined as
a set of S-BIT Units with certain
publicaly/co-operatively/privately managed common
infrastructure and facilities.
f) An S-BIT Habitat is defined
as a spacially contiguous habitat of S-BIT units and
S-BIT zones with a common publicaly/
co-operatively/privately managed and shared
municipality of infrastructure and utilities.
g) An S-BIT corridor is defined
as a corridor of correlated infrastructure of Road
Highway backbone,communication highway backbone,
water supply backbone and power line backbone
connecting several towns and cities for enabling
autonomous nucleation and growth of S-BIT Habitats
and S-BIT zones along such a corridor.
h) The definition of
'Manufacture' is as given in para 3.31 of the Exports
and Imports Policy 1997-2002 except that an S-BIT
Unit can engage in one or more of the following
manufacturing or service activities either
individually or in an integrated manner: IT product
manufacturing; System integration/Engineering; data
communication system engineering; IT product design
services; IT product support services; Software
services; Test and Repair services and Facilities
Management.
