Menu
Service tax on digital services
Replies (3)
| Originally posted by : RAJIV AGARWALLA | ||
 |
I am looking after a digital service account.my purchaser bill me in two part one actvation charges for which i pay service tax second is product for which i pay vat.now when i sell the product to customer the CD the price is fixed.now my question is whether i have to segregrate the CD sold in two part one for activation and second for product,to collect the sevice tax and vat? what will be the basis if yes? or i have to charge vat only? |
 |
Separate billing is strongly advised. As long as the supplier has billed you for goods and services, you hold the title of both the the goods and services. Therefore, when you supply the same to your customers, the service might be deemed to have been provided by you and same might become taxable in your hands as well. Basic exemption of Rs.10L is available if you are not using others trade mark. VAT on sale of goods is certain.
Recent Topics :
- Itr 4 problem
- Capital Gains Mismatch Due to Sale Agreement in FY
- REGARDING NRO INVESTMENT IN SHARES OF DOMESTIC COM
- DTAA benefits
- SUPPLEMENTARY AGREEMENT FOR ADDING A PARTER IN TN
- Part availmement of ITC in case of rejection of su
- Due date for itr 5 no audit with loss for fy 25 26
- Capital Gains Mismatch AIS
- Inward E-way bill from Tally Prime 7.1
- Query regarding exemption under Section 10(10AA) &
Related Topics :
CAclubindia
