https://www.taxtmi.com/circulars?id=8561 Paper licenses conveying the right to use software are classifiable as documents of title and should be placed under the tariff item for documents conveying the right to use IT software; PUK cards are printed matter. Packaged software with affixed retail sale price is liable to excise duty/CVD on the combined retail price (software plus license) and exempt from service tax under the IT software category; where RSP is not required and valuation follows section 4 rules, excise duty/CVD excludes the value representing the right to use, which remains subject to service tax. en-us Fri, 18 Mar 2011 00:00:00 +0530 Mon, 27 Jun 2011 18:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/circulars?id=8561 Paper licenses conveying the right to use software are classifiable as documents of title and should be placed under the tariff item for documents conveying the right to use IT software; PUK cards are printed matter. Packaged software with affixed retail sale price is liable to excise duty/CVD on the combined retail price (software plus license) and exempt from service tax under the IT software category; where RSP is not required and valuation follows section 4 rules, excise duty/CVD excludes the value representing the right to use, which remains subject to service tax. Circulars Customs Fri, 18 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/circulars?id=8561