- PTA also has not charged on basis of 50% to some other
companies .
2, I
think so as you say that " they are not going to shut you
down if you pay something
before June 30 thats for sure."
Bhutta
----- Original Message -----
Sent: Sunday, June 24, 2001 4:22 PM
Subject: Re: ISPAK: Illustration of
Royalty computation
One interesting point is that although they have
not removed the clause of 50 % of the license fee in case this amount is
greater than 1.5 % of gross but they are not charging royalty on this basis
and taking into account only 1.5% of gross revenue from audited account. We
received the same and upon contacting PTA Islamabad Dr Ramzan Director Finance
Office confirmed that they are not charging 50% of the license fee as royalty
any more although there is no official confirmation on that.
Please take into consideration only 1.5 % of
gross....now to minus the charges (or not paying anything) and battle it out
with PTA depends upon your own managerial skills....they are not going to shut
you down if you pay something before June 30 thats for sure.
Regards
Ateeq Khan
Gem Net
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