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Central Excise - Highlights / Catch Notes

Home Highlights April 2018 Year 2018 This

Classification of software - liable to duty excise or not - ...


Finacle Software Classified as Packaged, Not Customized, Impacting Excise Duty Liability.

April 5, 2018

Case Laws     Central Excise     AT

Classification of software - liable to duty excise or not - Since Finacle software is not developed, ab initio, for supply to each and every customer, such software falls within the category of packaged or canned software. Such software cannot be considered as customized software designed and developed for a specific user. - AT

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