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TMI Blogsoftware servicesX X X X Extracts X X X X X X X X Extracts X X X X ..... software services X X X X Extracts X X X X X X X X Extracts X X X X ..... pted from paying ' additional duty of customs' which represents--- --- the price payable for "transfer of right to use".In other words the importer has to pay CVD only--(i) on portion of value representing value of medium on which it is recorded and ---(ii) on freight & insurance. 2)A parallel notfn.no.14/2011--CE dt.01/03/2011 has been issued to give exemption in respect of C.Excise in similar w ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ay as explained above. Query:-a) Whether service tax will be payable after 1/3/2011 on import of packaged software if importer pays CVD as mentioned above in (1) ? b) CVD on freight/insurance & CVD on value of 'media' will be very small which importer will pay .He will take exemption on CVD payable on 'value for right to use' which forms greater part of import bill.Therefore importer is benefit ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ed now? 3)The above notfn. has not replaced notification no. 53/2010 ST dt.21/12/2010 . Service tax notification no.53/2010--ST dt.21/12/11 still exists.It is not rescinded. Query:- Under what circumstances notfn. no. 53/2010 for import of packaged software will operate after 1/3/11 ? Reply By Rama Krishana: The Reply: Your issue is technical one and require more careful deliberation. Being a p ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... rofessional brother, may I request you to put your views with reasons first to this query which may help us to understand the same further. X X X X Extracts X X X X X X X X Extracts X X X X
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