Duties & taxes on softawre
This query is : Resolved
26 September 2011
Dear Sir,
We have tied up with a chinese company to sell a software here in India. The software is available in their website download link. From there it can be download and after making payment they will provide a key to register the software to make it Legal.
We would like to know that.
01. What would be the complete duties and taxes has to be paid,
02. The duty or taxes will be calculated on which price, My buying price or my selling price.
03. How does the duty and taxes will e affected if I download the software, replicate the CD and sell it via different Computer Vendor to gain more market. In this case also duty and taxes will be calculated on what basis my purchase or my sells price ?
04. Is IEC necessary for importing of software for resell in India.
Regards
Sandip Sanghai
+91-9434209999
skype : sandip.sanghai
We have tied up with a chinese company to sell a software here in India. The software is available in their website download link. From there it can be download and after making payment they will provide a key to register the software to make it Legal.
We would like to know that.
01. What would be the complete duties and taxes has to be paid,
02. The duty or taxes will be calculated on which price, My buying price or my selling price.
03. How does the duty and taxes will e affected if I download the software, replicate the CD and sell it via different Computer Vendor to gain more market. In this case also duty and taxes will be calculated on what basis my purchase or my sells price ?
04. Is IEC necessary for importing of software for resell in India.
Regards
Sandip Sanghai
+91-9434209999
skype : sandip.sanghai
03 October 2011
about duty please provide RITC HC CODE NO.
IEC CODE is mandatory BY importer exporter who does not want to goods import exports for personal use / agriculture purpose as per para 2.8(iii) of HBP vol-1, 2009-2014.
Regards.
IEC CODE is mandatory BY importer exporter who does not want to goods import exports for personal use / agriculture purpose as per para 2.8(iii) of HBP vol-1, 2009-2014.
Regards.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Reporting Income under Section 44ADA
- Itr 1 processing
- ITR 2 Short Term gain & Long term gain
- Off Market debit and credit transaction
- Showing Gift from relative in ITR for this year
- ITR 1: Details for showing Exempt Income
- INCOME TAX ON REDEVELOPEMENT OF FLAT
- Form 10E u/s 89(1). Need clarification because experts opinions differ !!!!
- Share accounting-->fifo - capital gain - period as per fifo?
- ITR selection for salaries and capital gain less than L
- ITR validation error - Balance sheet is not filled
- Gst invoice numbering and delivery challan numbering
- Sales amount in Gstr1
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
