My Company purchase a Software License (Windows 10) from Proprietary ship Supplier, In that bill Supplier charged 14.5% of Service tax as well as 5% of Vat on total amount?
Whether i need to deduct TDS on Above bill?IF yes What Section applicable? Whether the above bill is comes under RCM?
Yes VAT is applicable as in most states it is treated as good.in karnataka vat and service tax both applicable on purchase of software.(yes its akward to charge both vat and service tax but cant help)
NO TDS required to be deducted on purchase of packaged software Reference:-Notification No. 21/2012 [F.No.142/10/2012-SO (TPL)] S.O. 1323(e), dated 13-6-2012
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