Circular No.644/35/2002-CX I am directed to say that doubts have been raised regarding the valuation of computer systems sold along with software. The software can be of two types. One is the “systems software” or “operating software” which is designed to control the operation of the computer system. The other software is the application software which is developed for specified applications only
Notification No. 10/2002-07 updates import licensing for second-hand marine containers under ITC(HS) Code No. 86090000.
