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of <h1>Packaged Software Exempt from Excise Duty if Retail Price Not Declared Under Legal Metrology Act.</h1> The Central Government, under the Central Excise Act, 1944, exempts packaged or canned software, classified under Chapter 85 of the Central Excise Tariff Act, 1985, from excise duty if the retail sale price is not required to be declared under The Legal Metrology Act, 2009. The exemption applies to the portion of the value representing the consideration for the right to use the software. Manufacturers must declare this consideration to the Deputy or Assistant Commissioner of Central Excise. The provider of the right to use must be registered under the Finance Act, 1994. Packaged software refers to software intended for sale to various users.
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