Effective rate of excise duty on computer software - 119/88 - Central Excise - Tariff

Effective rate of excise duty on computer software

Notification No. 119/88-C.E.

Dated 1-3-1988

In exercise of the powers conferred by sub-rule (1) of rule 8 of the Central Excise Rules, 1944, the Central Government hereby exempts computer software, falling under heading No. 85.24 of the Schedule to the Central Excise Tariff Act, 1985 (5 of 1986), from so much of the duty of excise leviable thereon which is specified in the said Schedule as is in excess of the amount calculated at the rate of 10 per cent ad valorem.