Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding


  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Design and Development - New Product Delivered along with CD

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... We are designing and developing printed circuit board based on the specific requirement of the customer. Delivery: Printed Circuit Board - 1 Qty and CD containing design of the product. Query: ple .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... ase let us know applicable tax for this delivery. - Reply By Rajagopalan Ranganathan - The Reply = Sir, Populated, loaded or stuffed printed circuit board is classifiable under sub-heading No. 85 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 17 70 10 of the first schedule of Central Excise Tariff Act, 1985 attracting cenvat duty @12.5%. designing and Developing such board will amount to manufacture under Section 2 (f) of Central Exci .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... se Act, 1944. Therefore such boards are subject to central excise duty. The cost of the CD containing the design of the product shall be includible in the transaction value of such boards and duty is .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... payable on this transaction value. - Reply By saravanan rengachary - The Reply = Sir, Thanks. - Design and Development - New Product Delivered along with CD - Query Started By: - saravanan reng .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... achary Dated:- 20-11-2015 Service Tax - Got 2 Replies - Service Tax - Discussion Forum - Knowledge Sharing, reply post by an expert, personal opinion Tax Management India - taxmanagementindia - taxm .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... anagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates