Notification New
Delhi, the 1st March, 2011 No.
25/2011-Customs |
G.S.R. (E) .- In
exercise of the powers conferred by sub-section (1) of section 25 of the
Customs Act, 1962 (52 of 1962), the Central Government, on being satisfied that
it is necessary in the public interest so to do, hereby exempts packaged
software or canned software, falling under Chapter 85 of the First Schedule to
the Customs Tariff Act, 1975, (51 of 1975) on which it is not required, under
the provisions of the Standards of Weights and Measures Act, 1976 ( 60 of 1976)
or the rules made thereunder or under any other law for the time being in
force, to declare on the package thereof the retail sale price, from so much of
the additional duty leviable thereon under sub-section (1) of section 3 of the
said Customs Tariff Act, as is equivalent to the duty payable on the portion of
the value of such goods determined under section 14 of the said Customs Act, or
the rules made thereunder, read with sub-section (2) of section 3 of the said
Customs Tariff Act, which represents the consideration paid or payable for
transfer of the right to use such goods:
Provided that the
importer shall make a declaration regarding consideration paid or payable in respect
of such transfer to the Deputy Commissioner of Customs or the Assistant
Commissioner of Customs, as the case may be:
Provided further that
the importer is registered under section 69 of the Finance Act, 1994 (32 of
1994) read with rule 4 of the Service Tax Rules, 1994.
Explanation.—
For the purposes of this notification, “packaged software or canned software”
means software developed to meet the needs of a variety of users, and which is
intended for sale or capable of being sold, off the self
[F. No.
334/3/2011 –TRU]
(Sanjeev Kumar Singh)
Under Secretary
to the Government of India
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