I am working with IT industry. We are providing IT Support services to our international client such as development of application or software etc. Please note that all the licence right and software belongs to our client abroad. we are just doing here in India coding for them on their instruction on computers. No software belongs to us. Now my question is that whether we are liale to Karnataka VAT? If yes then on which basis as there is no transfer of rights or licence?
CAclubindia
