Rescinds notification no. 17/2010 - Exempts packaged software or canned software equivalent to the excise duty payable on the portion of the value determined under section 4 which represents the consideration paid or payable for transfer of the right to use such goods

Rescinds notification no. 17/2010 - Exempts packaged software or canned software equivalent to the excise duty payable on the portion of the value determined under section 4 which represents the consideration paid or payable for transfer of the right to use such goods https://www.taxtmi.com/notifications?id=23267 Rescission withdraws an earlier Central Excise notification that had exempted packaged or canned software from excise duty to the extent the assessed value under section 4 represented consideration for transfer of the right to use those goods, and is effected under the statutory power conferred by sub-section (1) of section 5A of the Central Excise Act, 1944, while preserving prior actions or omissions. en-us Tue, 21 Dec 2010 00:00:00 +0530 Wed, 12 Jan 2011 12:56:00 +0530 TaxTMI RSS Generator Rescinds notification no. 17/2010 - Exempts packaged software or canned software equivalent to the excise duty payable on the portion of the value determined under section 4 which represents the consideration paid or payable for transfer of the right to use such goods https://www.taxtmi.com/notifications?id=23267 Rescission withdraws an earlier Central Excise notification that had exempted packaged or canned software from excise duty to the extent the assessed value under section 4 represented consideration for transfer of the right to use those goods, and is effected under the statutory power conferred by sub-section (1) of section 5A of the Central Excise Act, 1944, while preserving prior actions or omissions. Notifications Central Excise Tue, 21 Dec 2010 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23267