https://www.taxtmi.com/caselaws?id=89246 Application software supplied with the goods and training charges were excluded from the assessable value of the data processing system under the governing valuation principles and the controlling Supreme Court ruling on application software. Technical charges were not contested in the appeal and were treated as includible, but the amount referable to duties falling within the statutory exclusion in Section 4(4)(d)(ii) had to be deducted, with the technical charges valued on an ex-duty basis. The assessable value was therefore to be computed by excluding application software and training charges and by applying the statutory deduction for duties in relation to the technical charges. en-us Tue, 17 Feb 1998 00:00:00 +0530 Sat, 24 Sep 2011 13:04:14 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=89246 Application software supplied with the goods and training charges were excluded from the assessable value of the data processing system under the governing valuation principles and the controlling Supreme Court ruling on application software. Technical charges were not contested in the appeal and were treated as includible, but the amount referable to duties falling within the statutory exclusion in Section 4(4)(d)(ii) had to be deducted, with the technical charges valued on an ex-duty basis. The assessable value was therefore to be computed by excluding application software and training charges and by applying the statutory deduction for duties in relation to the technical charges. Case-Laws Central Excise Tue, 17 Feb 1998 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=89246