https://www.taxtmi.com/caselaws?id=104591 Imported application software used for ATM and POS banking transactions was treated as outside the scope of "computer software" eligible for exemption under Notification No. 11/97-Cus. The notification's explanation, read with the departmental circular, excluded software required for the operation of a machine performing a specific function other than data processing and working with an automatic data processing machine. On that construction, specialised banking application software did not qualify for the customs exemption, and countervailing duty treatment was sustained accordingly. en-us Fri, 31 Aug 2001 00:00:00 +0530 Wed, 29 Feb 2012 16:33:08 +0530 TaxTMI RSS Generator https://www.taxtmi.com/caselaws?id=104591 Imported application software used for ATM and POS banking transactions was treated as outside the scope of "computer software" eligible for exemption under Notification No. 11/97-Cus. The notification's explanation, read with the departmental circular, excluded software required for the operation of a machine performing a specific function other than data processing and working with an automatic data processing machine. On that construction, specialised banking application software did not qualify for the customs exemption, and countervailing duty treatment was sustained accordingly. Case-Laws Customs Fri, 31 Aug 2001 00:00:00 +0530 https://www.taxtmi.com/caselaws?id=104591