One of the Company's nature of business is trading in Computor Software and Computor Hardware. And thier Main business is trading in Computor Hardware.
1.is service tax applicable for software sales? if it is applicable, can they avail input credit on telephone bill,professional charges 100%.
28 December 2008
SERVICE TAX IS APPLICABLE ONLY ON SERVICES & NOT ON SALES TRANSACTIONS EXCEPT FOR WORKS CONTRACT/JOB WORK SALES YOUR IS TRADING TRANSACTIONS AS MENTIONED SO NO SERVICE TAX
CAclubindia
