Karnataka vat query

1254 views 2 replies

We are a cloud based software company. On direct sales, we are charging Service Tax of 12.36%

Now we have appointed a distributor, whom we would be selling the software at a price. As per my accountant, we need to charge Karnataka VAT on this transaction. However, we are not sure of VAT rate whether 5.5% or 14.5%.

 

Kind let us know the correct rate and also if I am wrong anywhere.

Thanks

Replies (2)

Hi

Computer Software VAT rate will be 5.5% in Karnataka

 

with regards,

Subramanya

I got mail from VAT office

 

"Intimation of declaration of carry forward of excess input tax credit /excess payment in the return / returns filed"

 

Any action need to take??

Leave a Reply

Your are not logged in . Please login to post replies

Click here to Login / Register  

Company
Featured 15 June 2026
Senior Auditor

N. Dhawan & Co

New Delhi

CA Inter

View Details
Company
29 May 2026
Finance Head

Bhawar Sales Corporation

Chennai

Graduate (Any)

View Details
Company
ARTICLESHIP 24 June 2026
CA Article Trainee

Rahul Dang & Associates

Pune

CA Inter

View Details
Company
ARTICLESHIP 09 June 2026
Article Trainee

Numbertree LLP

Mumbai

CA Inter

View Details
Company
10 June 2026
Senior Account Executive

JDS Advisory LLP

Ahmedabad

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
ARTICLESHIP 04 June 2026
Article

Rakhecha & Co.

New Delhi

CA Inter

View Details
Company
25 June 2026
AUDIT MANAGER

JDAS & ASSOCIATES

New Delhi

CA

View Details