TaxTMI 
TaxTMI 
Dear Sir,
Please tell me the interpratation of Notification no. 12/2012 Is production of customised software exempt to pay excise duty as per such notification?
for exemption to pay excise duty
27 Jun 2012 
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Customised software exemption: bespoke software made to a specific customer's requirements is nil-rated for excise.
Customised software developed to a customer's specific requirements is exempt from excise duty under the cited notification: entry No. 266 classifies software created for a particular purchaser after assessing and meeting that purchaser's needs as attracting a nil rate of duty, so bespoke software produced pursuant to individual customer specifications is nil-rated for excise purposes. (AI Summary)
Customised software developed to a customer's specific requirements is exempt from excise duty under the cited notification: entry No. 266 classifies software created for a particular purchaser after assessing and meeting that purchaser's needs as attracting a nil rate of duty, so bespoke software produced pursuant to individual customer specifications is nil-rated for excise purposes. (AI Summary)