Do we have to charge vat + service tax sale of software upgr
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
20 December 2011
Hi Sir,
We had imported a License upgrade for one of our client for resale and we received the same in the form of paper license (ie., Product Activation Key) with out any media. I would like to know.
1) Should I charge both VAT/CST & Service Tax or any one, cuz our client is asking us to bill 2% CST against C-Form and Service Tax, my Sale is interstate.
2) Also pls clarify is there any TDS applicable for this? if yes how should we deduct to Foreign suppliers & what is its procedure
Pls revert back at your earliest.
Thanks in Advance.
We had imported a License upgrade for one of our client for resale and we received the same in the form of paper license (ie., Product Activation Key) with out any media. I would like to know.
1) Should I charge both VAT/CST & Service Tax or any one, cuz our client is asking us to bill 2% CST against C-Form and Service Tax, my Sale is interstate.
2) Also pls clarify is there any TDS applicable for this? if yes how should we deduct to Foreign suppliers & what is its procedure
Pls revert back at your earliest.
Thanks in Advance.
20 December 2011
1)import of software and its updates are liable to service tax under reverse mechanism. TDS also applicable u/s 195
2) VAT/CST + service tax both applicable on sale of softwares / updates.
2) VAT/CST + service tax both applicable on sale of softwares / updates.
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