https://www.taxtmi.com/notifications?id=23437 Exemption from the transaction-value component of excise duty is granted for packaged or canned software not required to declare retail sale price under Legal Metrology or other law, excluding from duty the value representing consideration for transfer of the right to use. The manufacturer must declare such consideration to the Deputy or Assistant Commissioner of Central Excise, and the provider of the right to use must hold the requisite service tax registration. Packaged software is defined as off-the-shelf software developed for a variety of users. en-us Tue, 01 Mar 2011 00:00:00 +0530 Wed, 02 Mar 2016 10:53:00 +0530 TaxTMI RSS Generator https://www.taxtmi.com/notifications?id=23437 Exemption from the transaction-value component of excise duty is granted for packaged or canned software not required to declare retail sale price under Legal Metrology or other law, excluding from duty the value representing consideration for transfer of the right to use. The manufacturer must declare such consideration to the Deputy or Assistant Commissioner of Central Excise, and the provider of the right to use must hold the requisite service tax registration. Packaged software is defined as off-the-shelf software developed for a variety of users. Notifications Central Excise Tue, 01 Mar 2011 00:00:00 +0530 https://www.taxtmi.com/notifications?id=23437