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Whether service tax applicable or not

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Querist : Anonymous

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Querist : Anonymous (Querist)
23 November 2013 i am a proprietor, produce and provide software to my foreign clients as well as indian client as per their requirement and web designing too

is production of software n selling of such software, vat is chargeable or not..???]
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 November 2013 Yes, VAT/Sales Tax is applicable.

Service tax too is applicable:

APLLICABLE TAX RATES ON INFORM ATI ON TECHNOLOGY SOFTWARE:

SALES TAX/ VAT

It is charged at the rate fixed by each state as it is a tax imposed by state governments.

CVD/EXCISE DUTY

It is charged at the rate of 10% approx.(10.3%) on MRP less 15% abatement. (please check for the updated rates

SERVICE TAX
It is charged at the rate of 12.36% on the total amount received from the buyer.
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CA LOKESH KASAT, FCA, M.Com

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CA LOKESH KASAT, FCA, M.Com (Expert)
24 November 2013 Agreed with nikhil
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2013 this sales tax is applicable for only indian sales or foreign too..???
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
24 November 2013 no...sales tax is not applicable to exports.
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Querist : Anonymous

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Querist : Anonymous (Querist)
24 November 2013 can u provide me any link from where i study about such thing

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