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VAT & Service tax

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28 January 2011 does IT services attract VAT and Service tax for sales within India , if yes how much will the % of tax

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venu
venugopal.krishna@yahoo.com
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CA.Hanumantha Reddy

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CA.Hanumantha Reddy (Expert)
28 January 2011 It depends upon the type of software. the rate of taxes are Service tax 10.3% and VAT 5% (in Karnataka)

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