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Customs Duty on Software

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Querist : Anonymous

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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)
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RAMESH KUMAR VERMA

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RAMESH KUMAR VERMA (Expert)
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.

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