TMI BlogEffective rate for Application Software falling within Chapter 49 or Heading No. 85.24X X X X Extracts X X X X X X X X Extracts X X X X ..... - Effective rate for Application Software falling within Chapter 49 or Heading No. 85.24 Notification No. 78/94-Cus. Dated 1-3-1994 In exercise of the powers conferred by sub-section (1 ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ied in the said First Schedule, as is in excess of the amount calculated at the rate of 20% ad valorem. Explanation. - For the purposes of this notification, the term "Application Software" shall me ..... X X X X Extracts X X X X X X X X Extracts X X X X
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