https://www.taxtmi.com/notifications?id=18756 The amendment expands a customs exemption to cover development of software and related data services-data entry and conversion, data processing, data analysis and control, and data management-when goods are imported by eligible units under approved export-oriented schemes. Imports must be under customs bond and subject to Assistant Commissioner conditions; units must meet export percentage obligations set by the Standing Committee. Telematic equipment may be used by other eligible units. Domestic sale in physical form is permitted on payment of excise duty but not via telecommunication, and on-site consultancy fees in convertible foreign exchange are deemed exports for export-obligation purposes. en-us Mon, 17 Feb 1997 00:00:00 +0530 Mon, 03 Aug 2009 13:43:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=18756 The amendment expands a customs exemption to cover development of software and related data services-data entry and conversion, data processing, data analysis and control, and data management-when goods are imported by eligible units under approved export-oriented schemes. Imports must be under customs bond and subject to Assistant Commissioner conditions; units must meet export percentage obligations set by the Standing Committee. Telematic equipment may be used by other eligible units. Domestic sale in physical form is permitted on payment of excise duty but not via telecommunication, and on-site consultancy fees in convertible foreign exchange are deemed exports for export-obligation purposes. Notifications Customs Mon, 17 Feb 1997 00:00:00 +0530 https://www.taxtmi.com/notifications?id=18756