2018 (7) TMI 2367 - SCH - Central Excise

Classification of software - Finacle Software developed and customized for banks - whether the Finacle software supplied by the applied to various banks merits to be classified under 8523 8020 as Information Technology Software and charged to Excise duty? - it was held by CESTAT that The issue is remanded to the adjudicating authority for requantifying the demand. - HELD THAT - Issue notice on the question of interim relief only.

Summary

The Supreme Court of India (SC) admitted the matter and issued notice solely on the question of interim relief. The Court granted liberty to the appellant to file a further affidavit.