10 February 2011
I have seen the excise rate on canned softwares @10% somewhere in book of V.S. Datey, however the basic excise duty on other products is 8% My query is to confirm whether the rate is 10% or 8% please confirm .
Notification No. 30/2010- Central Excise (N. T) dated December 21, 2010 has been issued for levy of excise duty on packaged or canned software on Retail Sale Price basis.