Dear Sir, I have starting new company of Software development. Is it Manufacturing sale or Services related . Also please give me information for taxes. Which taxes are applicable for this Sale.
Sometimes our scope can be limited to
1. Installation of software OR
2. Supply of hardware devices / parts OR
3. Installation of software as well as supply of hardware devices / parts.
Please also advise how the PO by customer shall be prepared in above cases to avoid complications in taxation.
tailor made softwares as per customer requirements are covered under service tax,
softwares who has independent use, such as accounting software tally, EX, BUSY, Microsoft office/ MS windows are independent software, and sold through CD/DVD media with MRP print, and covered under Excise
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