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Posted on July, Wednesday 01, 2009 By ITVN Network
In order to help the software industry help the education sector there should be further cut in the excise duty from currently 12% to 8%.The double taxation that is prevailing on the packaged software including both excise duty or countervailing duty and service tax should be removed and should be only one tax levied on packaged software, preferably excise duty.
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