Hi, our company bought a monthly subscripttion of $100 per month and paid via credit card. So we paid total $1200 for the software.
Do we need to pay any tax for this amount? Someone suggested that we may have to pay 31.2% tax to government.
Thanks
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Our company bought Software from US, do we need to pay tax on that?
Replies (2)
Quick Summary
31.2 % which tax GST/IT.
Only Equalization levy of 2% is require to be deducted
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