Reference:- Notification No. 24/01.03.2005 (S.No. 15)

Zero duty for ITA goods
(a) All prepared unrecorded media for sound recording or similar recording of other phenomena, other than cards incorporating a magenatic stripe
(b) Recorded media for reproducing phhenomena other than sound or image See text of notification at Part H along with application of CVD of Sales Tax under Section 3(5) of CTA, 1975

Basic Customs Duty : 0

Additional Duty NOTE:

Ref:- 49-CE/30.12.2006 (S.No. 3)

Software

Basic Customs Duty : Rate of duty 8%

Ref:- 06-CE/01.03.2006 (S.No. 22)

The following goods, namely:-
(a) Recorded audio compact discs (CDs);
(b) Recorded video compact discs (VCDs);
(c) Recorded digital video discs (DVDs)

Basic Customs Duty : Nil

(S.No. 23)

Recorded video cassettes intended for television broadcasting and supplied in formats such as Umatic, Betacam or any similar format

Basic Customs Duty : 8%

(S.No. 24):- Recorded Audio cassettes

Basic Customs Duty : Nil

(S.No. 25):- The following goods, namely:-

Basic Cutoms Duty: Nil

(a) Sound recorded magnetic tapes of width not exceeding 6.5 millimeters, whether in spools, or reels or in other form of packing

(b) recorded media for television and sound recording such as video tapes and video discs

(S.No. 26):- CD-ROMs containing books of an educational nature, journal, periodicals (magazines) or news paper

Basic Customs Duty : Nil

(S.No. 27):- Any customized software (that is to say, any custom designed software, developed for a specific user or client), other than packaged software or canned software Explanation. - For the purposes of this entry, "packaged software or canned software" means a software developed to meet the needs of variety of users, and which is intended for sale or capable of being sold, of the shelf

Basic Customs Duty : Nil

Additional duty:- (Ref: Central Excise Tariff Schedule heading 8523).

MRP Based Assessment: Valuation for he purpose of additional duty in this heading is based on M.R.P (Maximum Retail Price) declaration on the package. For details on the method and scope, please see notification and coverage at the beginning of this book

Reference:- Notification No. 21/01.03.2002 (S.No. 157)

Basic Customs Duty : Nil

Computer software
The following goods, namely:

(i) Information Technology Software, and
(ii) Document of title conveying the right to use information Technology software falling under Chapter 49 or heading 8523
Explanation:- 'Information Technology software' means any representation of instructions, data, sound or image, including source code and object code recorded in a machine readable form, and capable of being manipulated or providing interacitvity to a user, by means of an automatic data processing machine.

Item History: Duty on all software brought down to Nil on 02.06.98. In the previous dispensation only application software was kept at 20% 03/11.02.98: Explanation in notification substituted. Computer software accompanying a machine such as a CNC machine tool will be charged basic customs duty applicable on the main machine.

Special CVD on software that is, all goods falling in 8524 31 11, 85244011 - Nil (Ref: S.No. 60 of 20/01.03.2006

Additional duty on Packaged Software

Basic Customs Duty : Nil

A. Packaged software as defined at (B) below (Ref: Central Excise Tariff Schedule read with CE-06/01.03.2006)

B. Customized software in heading 8523 - Nil (Ref: S.No. 27 of CE-06/01.03.2006)

Software falling under heading 8523 [Ref: S.No. 3 of 49/30.12.2006]

Basic Customs Duty : 8%

Recorded Audio CDs, VCDs, DVDs

Basic Customs Duty : Nil

Audio Cassettes

Basic Customs Duty : Nil

Precorded audio CD and CD ROMs of books, journals, periodicals etc

Basic Customs Duty : Nil

Others

Basic Customs Duty : 16

Reference:- Notification No. 21/01.03.2002 (S.No. 309)

Educational CD ROMs
CD ROMs containing books of an educational nature.
Journals, periodicals (magazines) or newspapers falling under heading 8524

Basic Customs Duty : Nil

Reference:- Notification No. 21/01.03.2002 (S.No. 310)

Recorded magnetic tapes, CD ROMs by UGC
Recorded magnetic tapes, and floppy diskettes falling under the Heading No. 8524 when imported into India by the University Grants Commision for use in computers.

Basic Customs Duty : 5
Additional duty (CVD) : Nil


06-CE/01.03.2006 (S.No. 22-24, 26)

Video Cassette for TV broadcasting

Recorded video cassette intended for television broadcasting and supplied in formats such as U-matic Betacam or any similar format.

Basic Customs Duty : Nil

MRP Based Assessment: Valuation for the purpose of additional duty in this heading is based on M.R.P (Maximum Retail Price) declaration on the package.