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Article: BUSINESS LAW: CENTRAL EXCISE NOT LEVIABLE ON TOTAL VALUE OF COMPUTER INCLUDING OPERATIONAL SOFTWARE: SC.
- Article from:
- PTI - The Press Trust of India Ltd.
- Article date:
- February 1, 2006
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BUSINESS LAW: CENTRAL EXCISE NOT LEVIABLE ON TOTAL VALUE OF COMPUTER INCLUDING OPERATIONAL SOFTWARE: SC
February 1 (PTI Economic Service):The Supreme Court in Commissioner of Central Excise, Appellant, versus M/s. ACER India Limited, Respondent, held that Central Excise Duty is not leviable on total value of computer including value of operational software.
Justice S B Sinha in a judgment also on behalf of Justices Santosh Hedge and Tarun Chaterjee said the Revenue was on appeal before him being aggrieved with the judgement and order dated August 29, 2003 passed by the Customs, Excise and Service Tax Appellate Tribunal, South Zonal Bench, Bangalore ...