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Design and Development - New Product Delivered along with CD

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..... We are designing and developing printed circuit board based on the specific requirement of the customer. Delivery: Printed Circuit Board - 1 Qty and CD containing design of the product. Query: ple .....

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..... ase let us know applicable tax for this delivery. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Populated, loaded or stuffed printed circuit board is classifiable under sub-heading No. 85 .....

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..... 17 70 10 of the first schedule of Central Excise Tariff Act, 1985 attracting cenvat duty @12.5%. designing and Developing such board will amount to manufacture under Section 2 (f) of Central Exci .....

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..... se Act, 1944. Therefore such boards are subject to central excise duty. The cost of the CD containing the design of the product shall be includible in the transaction value of such boards and duty is .....

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..... payable on this transaction value. - Reply By saravanan rengachary - The Reply = Sir, Thanks. - Design and Development - New Product Delivered along with CD - Query Started By: - saravanan reng .....

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..... achary Dated:- 20-11-2015 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm .....

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..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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