Customs exemption for information technology software exempts customs duty on software not distributed on floppy or cartridge tape. The notification amends Notification No. 20/2006 by substituting S. No. 60 in the TABLE to classify information technology software, other than that on floppy disc or cartridge tape, under the relevant tariff heading and to specify a Nil customs duty for that entry; the amendment is made under executive powers in the public interest and includes an operative commencement date.
Cases where this provision is explicitly mentioned in the judgment/order text; may not be exhaustive. To view the complete list of cases mentioning this section, Click here.
Provisions expressly mentioned in the judgment/order text.
Customs exemption for information technology software exempts customs duty on software not distributed on floppy or cartridge tape.
The notification amends Notification No. 20/2006 by substituting S. No. 60 in the TABLE to classify information technology software, other than that on floppy disc or cartridge tape, under the relevant tariff heading and to specify a Nil customs duty for that entry; the amendment is made under executive powers in the public interest and includes an operative commencement date.
Full Summary is available for active users!
Note: It is a system-generated summary and is for quick reference only.
TaxTMI 
of 
Join Channel
TaxTMI 
