My company has purchased software license from outside India and I have resold it in India without any modification by adding margin. On the purchase of license from outside India if any Service Tax would be leviable?
I have to full amount to the Foreign company or should have to deduct any TDS? The company to whom I have sold software has deducted TDS.
tds will not applicable to u/s 195 for foreign company and import software or service is exempt from service tax if you paid service tax than you can take input credit of it on reversal basis…..
tds will not applicable to u/s 195 for foreign company and import software or service is exempt from service tax if you paid service tax than you can take input credit of it on reversal basis…..
Thanks
I want to knoe that I hav to pay Service tax on the receipt of Software should be paid or not ?
I have to register as a service receipient or not?
Gupta Sachdeva & Co. Chartered Accountants
New Delhi
CA Final
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CAclubindia
