Customs Duty on Software
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
30 December 2010
Is customs duty (additinal duty) payable on software downloded through electronic communication system like using internet connection (ie. not in CD or any physical form)
30 December 2010
In the Budget replaces the Customs/excise duty levy of 8.24 per cent on software imported for commercial exploitation with a service tax of 10.3 per cent.
Regards,
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