Tds & service tax rcm:software purchase(windows 10 license)
This query is : Resolved
pahni rajkumar
(Querist)
11 February 2016
Respected Sir,
Please clear my doubt.
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?
Please clarify
Thanks
With Regards
B.Phani Rajkumar
Please clear my doubt.
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?
Please clarify
Thanks
With Regards
B.Phani Rajkumar
Ganeshbabu K
(Expert)
11 February 2016
RCM not applicable
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
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
Message likes :
1 times
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
- Gst credit note by supplier
- Reward for festival
- 18% Rent a cab
- Missed uploading GST Invoice
- Movement of goods by packers and movers - type of sale - Reg.
- ARCA LOGIN
- Closer of business and itc of capital goods
- Accounting Treatment of Civil work to install PORTA Cabin for office use
- Appointment of Auditor By Form ADT-1
- Gratuity paid to legal heir above 20 lakh is taxable or not
- Opting out" of regime provided under subsection (1A) of Section 115BAC but Form 10IEA is not filed.
- "Please ensure that the Total of the Deductions u/s 54F match the same in Table D in Sch CG"
- Need to correct "Whether it is last installment " response in Form 26 QB
- " Income from House Property " in joint names of co-owners
- REGARDING TDS RETURN OF FORM 27Q
- Notice under e-Verification Scheme
- GST demand notice for ITC reversal against exempted supply.
- RCM ON SECURITY CHARGES FROM INDIVIDUALS
- How to get money back from delisted company
- ITC not to be taken in accounts & GSTR-3B
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
