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Indirect Taxation
can you please illustrate the incubator and incubatee
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Incubatee means an entrepreneur located within the premises of a Technology Business Incubator (TBI) or Science and Technology Entrepreneurship Park (STEP) recognised by the National Science and Technology Entrepreneurship Development Board (NSTEDB) of the Department of Science and Technology, Government of India and who has entered into an agreement with the TBI or the STEP to enable himself to develop and produce hi-tech and innovative products. For example Genome Valley in India is an incubator and organizations located in genome valley like Bharat biotech. Biological E are Incubatees