TaxTMI 
TaxTMI 
Manufacturing, production or development of software - Exemption scheme under service tax modified - exemption under central excise and customs withdrawn
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....anufacturing, production or development of software - Exemption scheme under service tax modified - exemption under central excise and customs withdrawn <br>News and Press Release<br>Dated:- 22-12-201....
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....0<br><BR>Central Government has modified the exemption scheme to software to prevent the overlapping between central levies as under: Customs: Notification no. 31/2010-Cus - Customs has been rescind....
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....ed - now import of packaged or canned software shall not be exempted from levy of customs duty. [Notification no. 126/2010-Cus] Central Excise: Notification no. 35/2010-CE, has been rescinded - now ....
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....manufacturing, production or development of software shall not be exemption from levy of duty of excise [Notification no. 35/2010-CE] Moreover, manufacturing, production or development of software sh....
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....all be subject to MRP under section 4A [Notification no. 30/2010-CE(NT)] Service Tax: A consolidated notification no. 53/2010-ST has been issued with new conditions to prevent overlapping between ex....
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....cise versus service tax and customs versus service tax Previous notification no. 02/2010-ST and 17/2010-ST has been withdrawn vide notification no. 51/2010-ST and 52/2010-ST respectively.<BR> News - ....
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....Press release - PIB....