https://www.taxtmi.com/circulars?id=443 Valuation of computer systems must include the value of any software loaded, etched, burnt or otherwise installed on the machine at the time of clearance, whether operating, application, or firmware/basic software; tangible copies of software supplied separately on removable media are to be assessed separately. The adoption of transaction value does not change this rule; valuation is determined by the form in which the goods are cleared. en-us Fri, 12 Jul 2002 00:00:00 +0530 Tue, 23 Sep 2008 16:51:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=443 Valuation of computer systems must include the value of any software loaded, etched, burnt or otherwise installed on the machine at the time of clearance, whether operating, application, or firmware/basic software; tangible copies of software supplied separately on removable media are to be assessed separately. The adoption of transaction value does not change this rule; valuation is determined by the form in which the goods are cleared. Circulars Central Excise Fri, 12 Jul 2002 00:00:00 +0530 https://www.taxtmi.com/circulars?id=443