Sales tax waived for Gitex Hyderabad 2005

"For the first time the government has waived sales tax on all the items
being sold. Also, the space of the exhibition is increased from the last year's
2,700 sq ft to 5,400 sq ft thereby doubling the number of stalls from the
earlier 70."- David Lim, Project Manager, DWTC international

Foreseeing exciting times ahead in the product landscape, the govern-ment of
Andhra Pradesh has lifted the sales tax on the goods sold during the three-day
Gitex Hyderabad exhibition. Basking on the success wave of Banga-lore IT.com,
the Dubai World Trade Center (DWTC) in asso-ciation with Information Tech-nology
& Communication Dep-artment (IT&C), Government of Andhra Pradesh, is
sanguine about attracting 'Good Busi-ness Momentum' at the fourth edition of
the exhibition to be held from January 12 to January 14, 2005.

With the provision of sales tax waiver thus made, the organizers are
expecting to double this year's visitors as compared to the last year's
6,300. Informing this, David Lim, Project Manager, DWTC international said,
"For the first time the government has waived sales tax on all the items
being sold. Also, the space of the exhibition is increased from the last year's
2,700 sq ft. to 5,400 sq ft thereby doubling the number of stalls from the
earlier 70."

The forthcoming exhibition will also have prominence as more number of stalls
would be set up by companies from countries like China, Taiwan, South Africa,
Israel, etc.

"Interestingly, there are some leading hardware players who have decided
to set up shop for the first time in this exhibition this year," added Lim.

The exhibition will also have conferences being held on Smart Appliances,
NASS-COM's international confere-nce on Animation Industry and special focus
on egove-rnance initiatives.

"Hyderabad is a perfect platform to hold an event like Gitex, for,
numerous opportu-nities in the sectors like infra-structure, software,
hard-ware, biotechnology are rapidly emerging. Gitex Hyderabad, thought in its
infancy, would break the lucrative IT market in the sub-continent,"
explained Lim.

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