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2013 (11) TMI 1205 - CESTAT BANGALORERecovery of Excise duty on Finacle software - Waiver of Pre-deposit – Exemption under Notification No/6/2006 - Whether the product Finacle can be considered as a packaged software or not – Held that:- Customized software is a specific software and specific is the one tailored to the specific requirement of the customers - the product Finacle, the software for the banking industry developed and sold by the appellants cannot be considered as a packaged software prima facie - Prima facie the appellants have made out a case for waiver of pre-deposit – stay granted.
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